Summary - 16 HANBURY ORTON GOLDHAY PETERBOROUGH PE2 5QT
2 bed 1 bath Ground Flat
**Standout Features:**
- Ideal investment opportunity with existing long-term tenants wishing to stay (currently paying £650/month).
- Spacious 22' lounge/diner, perfect for family living or entertaining.
- Two double bedrooms and a sizable breakfast kitchen with potential for modernization.
- Good condition overall with gas central heating and double glazing.
- Located in a cul-de-sac with ample parking.
**Concerns:**
- Leasehold property with approximately 90 years left on the lease.
- Average neighborhood classification with above-average crime rates.
- Some areas of the kitchen show signs of needing updates.
**Summary:**
This well-proportioned ground floor flat is a fantastic buy-to-let investment opportunity, currently occupied by reliable tenants keen to remain. The flat features two spacious double bedrooms and a generous 22' lounge/diner, ideal for comfort and sociability. The kitchen, while functional, could benefit from modernization, presenting an opportunity for future renovations. With double glazed windows and gas central heating, the flat is well-equipped for year-round comfort.
Situated in a pleasant cul-de-sac with convenient parking, this property provides both security and ease of access to local amenities. While the leasehold has about 90 years remaining and the neighborhood has certain challenges, such as above-average crime rates, the strong rental yield potential makes this property attractive for savvy investors. Don’t miss out on this chance to secure an income-generating asset in a city area that demands attention. Act quickly—opportunities like this don’t last long!
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