Granville Street, Peterborough 5 bed house for sale

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Granville Street, Peterborough 5 bed house for sale

Granville Street, Peterborough PE1
£230,000

Our Summary

  • 8%, making it a highly attractive investment opportunity
  • This is a well-presented and well-managed HMO offering immediate income and long-term investment potential

Description

This five-bedroom end-of-terrace House of Multiple Occupation (HMO) is a fully functioning and income-producing property, currently generating an annual income of £27,180. The property is fully let with established tenants on standard periodic tenancy agreements, offering a gross annual income of £27,180, which represents an approximate gross yield of 11.8%. The property has been well-maintained and benefits from uPVC double glazing and gas central heating, ensuring comfort and energy efficiency for tenants. The property is situated in the popular PE1 postcode, within easy reach of Peterborough city centre, the train station, and local amenities. The property is being sold as a going concern, delivering strong and consistent rental income from day one, making it an attractive investment opportunity for landlords or investors seeking a ready-made property.