This attractive one-bedroom first-floor apartment in Gunthorpe, Peterborough, offers a reliable income stream and long-term potential for capital appreciation. With a tenant in situ generating £750 per month, the property currently yields over 7.8%. The apartment is located in a quiet, sought-after cul-de-sac with excellent transport links and amenities nearby. The leasehold property has 77 years remaining, with a ground rent of £120 per annum and a service charge of £33 (last year). The landlord is open to contributing towards the cost of extending the lease, which has been quoted at £8,000-£12,000. With a low-maintenance investment and a strong rental income, this property presents an exceptional opportunity for investors looking for a robust return and potential for long-term growth.