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Property Listing Details

Property details

  • 1 bedroom
  • 1 bathroom
  • 1 reception room

Features

  • Total floor area 50sqm
  • Ideal investment
  • Ground floor apartment

Listing view statistics

Last 30 days: 96 page views

Since listed: 332 page views

Description

** ready made investment opportunity with tenant in situ ** modern One bedroom ground floor apartment situated in the sought after area of Hampton Hargate close to local amenities, The property offers open plan living accommodation finished to a high specification with good quality fittings throughout. The property further benefits from allocated parking and no forward chain.

Location

The Hampton's are situated to the South of Peterborough and offers a range of schooling options, a variety of facilities including a selection of Restaurants, a Leisure Centre as well as the popular Serpentine Green shopping Centre. The area further benefits from being within close proximity of the historic cathedral city of Peterborough.

Open Plan Lounge / Kitchen (3.4m x 4.3m max (11'1" x 14'1" max ))

The kitchen is fully Fitted with a matching range of base and eye level units with worktop space over, stainless steel sink, fitted electric fan assisted oven, four ring electric hob with extractor hood over, built in washer/dryer. Fridge with freezer box. PVCu double glazed window to front aspect, vinyl flooring.

The lounge area is fitted with carpet, radiator, TV and telephone points.

Storage

Storage cupboard in hallway

Master Bedroom (3.9m x 3.0m max (12'9" x 9'10" max ))

Double sized bedroom fitted with carpet, UPVc double glazed window to rear aspect.

Bathroom

Fitted with a three piece suite comprising of paneled bath with hand held shower attachment, pedestal wash hand basin, low level WC, Vinyl flooring.

Outside

One allocated parking space to the rear

Leasehold Information

The vendor informs us there were 125 years on the lease starting in 2007.

The vendor informs us the service charge is £789 and ground rent is £100

Investor Information

Based on a sale at £110k and potential rental income of £525pcm (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 of 2.79% (interest only)
- Capital used £32,150 (including deposit, stamp duty and conveyance)
- Annual pre tax profit of £2,483 = 7.72% pre tax income on capital used (these assumptions include a maintenance estimate)
- Gross yield 5.49%

Belvoir Disclaimer

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

You could get

Superfast broadband Superfast broadband

Up to 80 Mbps (Source: Ofcom)

Map & Nearby

Local Amenities

  • Peterborough 2.8 miles
  • Whittlesea 6.7 miles
  • Hampton Hargate Primary School 0.1 miles
  • Hampton Vale Primary School 0.3 miles

Local map of the area

Map and Street View Map showing location of property

Local Amenities

  • Peterborough 2.8 miles
  • Whittlesea 6.7 miles
  • Hampton Hargate Primary School 0.1 miles
  • Hampton Vale Primary School 0.3 miles

Market stats

Sale activity

Average estimated value for a flat in PE7:

  • £134,862
  • Price increase

  • £2,454
  • (1.853%)
  • Over the last 12 months

In the last 12 months

  • Average sale price

    £123,366
  • Properties sold

    32

Rental opportunities

Looking for an investment? The average rent for a 1 bedroom flat in PE7 is currently:

£468 pcm

Recent sales nearby

See all recent sales in PE7
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Estimated running costs

Based on available 3rd party data

Mortgage calculator

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How much could I borrow?

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Your home or property may be repossessed if you do not keep up repayments on your mortgage.

These results are not provided by NatWest and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

The Agent

Price history

Sold prices provided by Land Registry
7th Feb 2020 £107,500 First listed

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Property descriptions and related information displayed on this page are marketing materials provided by Belvoir. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Belvoir for full details and further information.