Set in a superb location in the City of Peterborough, yet on the edge of a beautiful nature reserve and the unspoilt Cambridgeshire countryside, with easy access to the City, A47 & A1. This property is on a quite small development with open views to countryside with the village of Eye in walking distance providing post office, restaurant`s, fish & chip shop, pubs etc.
Entrance into the apartment is greeted with fitted carpet and doors leading to all rooms
Lounge (4.14m x 3.79m max (13'6" x 12'5" max))
The lounge area has fitted carpet and benefits from a Juliet Balcony, and open plan to:
Kitchen (3.79m x 1.54m max (12'5" x 5'0" max))
Fitted with a matching range of base and eye level units with worktop space over, stainless steel sink with single drainer and mixer tap, washer/dryer, fridge/freezer, built-in electric fan assisted oven, built-in four ring gas hob with pull out extractor hood over, PVCu sealed unit double glazed window to side, tiled flooring.
Master Bedroom (3.06m x 2.15m max (10'0" x 7'0" max))
Double bedroom with PVCu sealed unit double glazed window to rear, door to:
Fitted with a two piece suite comprising of wash hand basin and low level WC and shower cubicle with tiled flooring.
Bedroom Two (3.06m x 2.59m max (10'0" x 8'5" max))
Double bedroom with itted carpet PVCu sealed unit double glazed window to rear.
Fitted with three piece suite with deep panelled bath, pedestal wash hand basin and WC, tiled splashbacks, tiled flooring.
The vendor has informed Belvoir there are 115 years remaining on the lease
The vendor has informed Belvoir the service charge payment is £1030.72 per annum approx
The vendor has informed Belvoir the ground rent per annum is £330.00 per annum approx
Based on a sale at £130k and an actual rental income of £640 pcm (please note that these figures are an illustration based on an average buy to let mortgage and deposit and actual costs may vary)
- 75% loan assuming standard btl loan at 2.49% (interest only) - Capital used £37,850 (including deposit, stamp duty and conveyance) - Annual pre tax profit of £3,873 = 10.23% pre tax income on capital used (these assumptions are based on a self managed service and include service and ground rent fees)
Every care has been taken with the preparation of these Particulars but complete accuracy cannot be guaranteed. If there is any point, which is of particular importance to you, please obtain professional confirmation. All measurements quoted are approximate. These Particulars do not constitute a contract or part of a contract
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Water consumption is based on average water usage for the predicted occupancy of the property based on the number of bedrooms.
Total annual consumption (in cubic meters) is then averaged into a monthly cost.
Note: If you have 2 separate suppliers for water and sewage, you may receive 2 separate bills.
The Council Tax cost displayed is based on the council tax band and on the basis of 2 adults living at the property. The monthly cost shown excludes any discounts and is rounded to the nearest pound.
Full information on Council Tax discount entitlements can be found on the Gov.UK's website.