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£180,000

3 bed terraced house for sale
Alma Road, Peterborough, Cambridgeshire PE1

    • 3 beds

    • 1 bath

    • 1 reception

  • EPC Rating: E

  • Chain free
  • Freehold

Bairstow Eves - Peterborough Sales

Logo of Bairstow Eves - Peterborough Sales

About this property

  • Lucrative HMO

  • Central location 12% yield

  • 3 Double Bedrooms

  • Close to Ameneties

  • Ideal investment

  • New kitchen and bathroom (2021)

  • New carpets

  • HMO licence in place

  • Planning permission granted

  • No chain

Attention investors – fully licensed 3-bed HMO – over 12% yield

Located on the sought-after Alma Road, this fully HMO-compliant and licensed three-bedroom property offers an outstanding investment opportunity, currently generating an impressive rental yield of just over 12%. With planning permission granted and a strong rental history, it’s a turnkey addition to any portfolio.

The property has been recently renovated throughout, including new carpets, fresh décor, and a modern kitchen and bathroom fitted in 2021. Downstairs, the property features one double bedroom, a communal living space, kitchen, and shared bathroom, while upstairs you’ll find two further generously sized double bedrooms. The house also benefits from a well-sized rear garden, adding to its appeal for tenants.

Each room is providing a return of £600 pcm, producing a total monthly income of £1,800. With all compliance in place and strong tenant demand in the area, this is a high-yielding opportunity not to be missed.

Enquire now to arrange your viewing.

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More information

  • Tenure

    Freehold

  • Council tax band

    A band has not yet been confirmed.

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Property descriptions and related information displayed on this page are marketing materials provided by - Bairstow Eves - Peterborough Sales. 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 Bairstow Eves - Peterborough Sales for full details and further information.