1 bedroom flat for sale

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1 bedroom flat for sale

Stagshaw Drive, Peterborough, PE2
£68,000

Our Summary

  • Considering the purchase price and the potential rental income that could be earned in future years, this will make for a worthwhile addition to an investors property portfolio
  • For greater detail on this property's investment potential, please see the Let Property Pack linked below
  • INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack)

Description

This 1-bedroom flat in Peterborough is a great investment opportunity for those looking to expand their portfolio. The property is located close to amenities, has a tenant already in place, and generates an annual gross income of £8,400. The well-kept home features a bedroom, lounge, bathroom, and kitchen, and with the current tenant having lived there for several years, there is minimal risk of vacancy. The property has the potential to produce even more rental income in the future, making it a worthwhile addition to an investor's portfolio. With the current tenant showing no intention of moving out, the property offers a smooth and secure investment opportunity.