2 bedroom apartment for sale

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2 bedroom apartment for sale

Vicarage Farm Road, Peterborough, Cambridgeshire, PE1
£100,000

Our Summary

  • Investment Opportunity (CASH ONLY)– Tenant in SituA fantastic chance for landlords to acquire a spacious two-bedroom second-floor apartment, currently achieving £825 PCM with a tenant in placeApprox yield 9

Description

This is an investment opportunity for landlords to acquire a spacious two-bedroom second-floor apartment in Peterborough, currently rented out to a tenant at £825 PCM. The property offers a strong yield of 9.9%, providing immediate rental income. The modern apartment is located close to local amenities and the city centre, making it an attractive option for young professionals and small families. The property features a welcoming entrance hallway, bright living space, modern kitchen, two double bedrooms, and a stylish family bathroom. Additionally, it has a communal outdoor space and a designated parking space. With a reliable tenant already in situ, this property presents a solid addition to any buy-to-let portfolio, offering a strong rental return with minimal vacancy risk.