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1 bedroom ground floor flat for sale
Huntly Grove, Peterborough, PE1
£70,000
Huntly Grove, Peterborough, PE1
£70,000
Our Summary
- It is important to note that this property is available for cash buyers only due to the lease having 62 years remaining, which will require extending
- For those looking to rent out the property, the estimated rental value stands at £850 per calendar month, offering a potential return on investment for landlords or property investors
- With its convenient location, modern amenities, and potential for adding value through lease extension, this property is sure to appeal to a range of discerning buyers looking to make a smart investment in the property market
Description
This ground floor flat is situated in a convenient location, close to the train station and city centre, and presents an excellent opportunity for a one-bedroom property with no forward chain. The property features a spacious lounge/dining room, a modern kitchen/breakfast room, a wet room with storage, and a well-appointed double bedroom with fitted wardrobes. The property also includes a single garage for secure parking and storage. With 62 years remaining on the lease, this property requires extending, making it suitable for cash buyers only. The property meets current safety standards and has a valid electrical certificate. For investors, the estimated rental value is £850 per month, offering a potential return on investment. Overall, this property is a fantastic prospect for buyers looking for a well-located, one-bedroom property with potential for adding value through lease extension.