Summary - HOMENENE HOUSE FLAT 13 BUSHFIELD PETERBOROUGH PE2 5PP
1 bed 1 bath Flat
Immediate rental income from a sitting tenant with potential for uplift.
One-bedroom flat, 452 sq ft, practical investment size
A compact one-bedroom flat in Bushfield, Peterborough, offering immediate rental income and straightforward portfolio addition for investors. The property is leasehold with 93 years remaining and currently produces a gross annual income of £8,100 from a tenant who intends to remain. The building dates from the 1980s and includes communal grounds and double glazing.
The flat is an average-sized 452 sq ft with a medium living room, separate kitchen, bedroom and a three-piece bathroom. The interior is clean but requires cosmetic redecoration to maximise rent or resale value. On-street parking is available close to the building.
Buyers should note material considerations: the area is classed as very deprived with very high local crime rates, and the property is leasehold. A Buyer’s Premium will be applied to secure the sale. These factors affect long-term yields and management requirements, so factor in potential voids, service costs and local lettings demand when calculating returns.
For investors seeking a low-entry price point (£50,000) and an immediate let, this flat is a pragmatic buy-to-let opportunity. It suits landlords willing to manage a tenanted asset in a challenging area and to undertake modest cosmetic works to enhance rental value.
1 bedroom flat for sale in Bushfield, Peterborough,PE2 — £50,000 • 1 bed • 1 bath • 441 ft²
1 bedroom flat for sale in Bushfield, Peterborough, PE2 — £57,500 • 1 bed • 1 bath • 377 ft²
1 bedroom flat for sale in High Street, Peterborough, PE2 — £105,000 • 1 bed • 1 bath • 5393 ft²
1 bedroom flat for sale in Stagshaw Drive, Peterborough, PE2 — £80,000 • 1 bed • 1 bath • 333 ft²
1 bedroom flat for sale in Queens Walk, Peterborough, PE2 — £105,000 • 1 bed • 1 bath • 366 ft²
2 bedroom flat for sale in Osric Court, Peterborough, Cambridgeshire, PE1 — £115,000 • 2 bed • 1 bath • 786 ft²
