Property photos
Sold STC
Leasehold
£105,000
2 bed flat for sale
Varity House, Peterborough PE12 beds
1 bath
1 reception
EPC rating: C
Local area information
Property location
Nearby amenities
- St Thomas More Catholic Primary School 0.5 miles
- St John Fisher Catholic High School 0.6 miles
- Peterborough 1.7 miles
- Whittlesea 4.4 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Features and description
- Leasehold
- Two bedroom ground floor apartment
- Cash investors only - tenant in situ
- 8.1% gross yield
- Stylish kitchen with appliances
- Modern living space
- En-suite shower room
- Off road parking
- Close to city centre
- No onward chain
Investors only - This two bedroom ground floor apartment offers a fantastic investment opportunity to cash investors, with the property available with a tenant in situ.
The accommodation comprises entrance hall, open plan kitchen and living area, main bedroom and en-suite shower room, second double bedroom and bathroom. Outside there is communal parking on site. The property benefits from electric heating and UPVC double glazing and is available for sale with no onward chain.
Investor/lease information:
Tenancy: 12 months AST from 20th June 2023, with a 6 month break clause.
Rent: £775pcm.
Yield: 8.1% gross. 7.3% net, after service charge and ground rent.
Lease: Expires 31st December 2139.
Ground rent: £200 per annum until 31st December 2024.
Service charge: £743.30 annually.
Entrance Hall
5.53m x 0.98m - 18'2” x 3'3”
Entrance door, laminate flooring, electric heater, airing cupboard with hot water cylinder and plumbing for washing machine.
Open Plan Kitchen And Living Area
4.32m x 4.33m - 14'2” x 14'2”
Two UPVC double glazed windows to rear aspect, range of matching base and eye level units, worktop space, stainless steel sink and drainer with mixer tap over, integrated fridge/freezer, electric oven and hob, extractor hood, laminate flooring and eletric heater.
Bedroom One
3.29m x 2.65m - 10'10” x 8'8”
Panel window, electric heater and fitted carpet.
En-Suite
1.66m x 1.89m - 5'5” x 6'2”
Three piece suite comprising shower enclosure, sink and pedestal and wc. Tiled flooring and electric heated towel rail.
Bedroom Two
3.16m x 2.58m - 10'4” x 8'6”
Panel window, electric heater and fitted carpet.
Outside
Ample communal parking on site to offer at least one space per apartment. Bin store and bicycle racks.
The accommodation comprises entrance hall, open plan kitchen and living area, main bedroom and en-suite shower room, second double bedroom and bathroom. Outside there is communal parking on site. The property benefits from electric heating and UPVC double glazing and is available for sale with no onward chain.
Investor/lease information:
Tenancy: 12 months AST from 20th June 2023, with a 6 month break clause.
Rent: £775pcm.
Yield: 8.1% gross. 7.3% net, after service charge and ground rent.
Lease: Expires 31st December 2139.
Ground rent: £200 per annum until 31st December 2024.
Service charge: £743.30 annually.
Entrance Hall
5.53m x 0.98m - 18'2” x 3'3”
Entrance door, laminate flooring, electric heater, airing cupboard with hot water cylinder and plumbing for washing machine.
Open Plan Kitchen And Living Area
4.32m x 4.33m - 14'2” x 14'2”
Two UPVC double glazed windows to rear aspect, range of matching base and eye level units, worktop space, stainless steel sink and drainer with mixer tap over, integrated fridge/freezer, electric oven and hob, extractor hood, laminate flooring and eletric heater.
Bedroom One
3.29m x 2.65m - 10'10” x 8'8”
Panel window, electric heater and fitted carpet.
En-Suite
1.66m x 1.89m - 5'5” x 6'2”
Three piece suite comprising shower enclosure, sink and pedestal and wc. Tiled flooring and electric heated towel rail.
Bedroom Two
3.16m x 2.58m - 10'4” x 8'6”
Panel window, electric heater and fitted carpet.
Outside
Ample communal parking on site to offer at least one space per apartment. Bin store and bicycle racks.
There are some planning applications within 0.5 miles of this home
Assess how they might enhance or detract from this home’s value.
Floor plans and tours
Floor plans (1)
Tours
No virtual tour available
More information
Unlock more data
Listed by
Optimum Lettings and Property Management Ltd
View agent properties.png){kind=logo}
Property descriptions and related information displayed on this page are marketing materials provided by - Optimum Lettings and Property Management Ltd. 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 Optimum Lettings and Property Management Ltd for full details and further information.