Monument Street, Peterborough, PE1 1 bed flat for sale

>

Monument Street, Peterborough, PE1 1 bed flat for sale

Monument Street, Peterborough, PE1
£95,000

Our Summary

  • Categorised under Council Tax Band A at £1388, this property flaunts an appealing investment potential with a current rental income of £795 pcm, making it a lucrative proposition for landlords

Description

This one-bedroom flat in the heart of the city offers a unique opportunity for first-time buyers and investors alike. With a modest total floor area of 323 sq ft, the property features electric heating throughout and is categorised under Council Tax Band A. The flat comes with an allocated parking space, making it an attractive proposition for those who value convenience. With a current rental income of £795 pcm, the property has strong investment potential, and its 999-year lease from 1993 ensures long-term stability. The flat's practical design foregoes a garden in favor of off-street parking, and its location is just a stone's throw away from the city centre and train station, making daily commutes easy. With a modest ground rent and service charge, this flat is an alluring blend of functionality and practicality, making it an invaluable addition to any property portfolio.