5 bed detached house

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5 bed detached house

North Street, Stanground, Peterborough PE2
£325,000

Our Summary

  • Nestled in the desirable area of Stanground, presents a fantastic investment opportunity with a strong potential for rental income

Description

This spacious 5-bedroom detached bungalow in Stanground is an excellent investment opportunity, offering a strong potential for rental income and a high gross yield of 8.5%. Currently HMO-compliant, the property can be easily converted back into a family home, making it a versatile and adaptable option. With a garage and parking for two vehicles, it provides convenience and security for tenants. The location is desirable, with easy access to Peterborough city center and nearby amenities, including schools, shops, and recreational areas. The property's spacious layout and ample bedroom accommodation make it suitable for a range of tenants, from professional sharers to families, ensuring a reliable and steady income stream.