2 Bed Flat For Sale Eagle Way, Peterborough, PE7
£155,000- Flat
1 of 11
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Last Updated: 26th April 2024
Description
yieldit are pleased to offer units available to purchase which tick all of the boxes for a fantastic investment. Offered with tenants in situ generating a healthy return in excess of 6% NET, with leases over 900 years and reasonable service charges and ground rent these properties will make a welcomed addition to any sized portfolio. \r
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Internally, the first-floor apartments consist of living area featuring Juliette balcony; separate fully fitted kitchens; two well-proportioned double bedrooms; ensuite shower room and family bathroom with three-piece suite. The apartments further benefit from an allocated parking space. \r
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Peterborough is one of the UK’s fastest growing cities and is predicted to be England’s fastest growing city by 2025. It is perfectly positioned to benefit from excellent transport links to Newcastle, London and Birmingham and offers a fast and reliable public transport system.\r
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According to Peterborough Council, it’s population is expected to grow over 17% from 200,000 to 235,000 over the next 15 years which means there will be an increasing demand for housing. The city is set to receive a huge £22.9million investment from the Towns Fund to make it an even better place to live, work and visit. Alongside this there are plans for a £100 million regeneration of North Westgate to create an eight-screen cinema, a new public square, new homes, shops and restaurants. The development of Fletton Quays will also provide office space, restaurant, leisure and retail opportunities and create hundreds of jobs. Enquire today to discuss this opportunity to invest in Peterborough!
Financial Breakdown
Gross Rent: £11,400.00
Net income: £9,971.61
Gross yield: 7.35%
Net yield: 6.43%
Please contact agent for full financial breakdown.
IMPORTANT NOTE TO PURCHASERS: These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser or lessee must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.
yieldit ref: YL-07752
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Internally, the first-floor apartments consist of living area featuring Juliette balcony; separate fully fitted kitchens; two well-proportioned double bedrooms; ensuite shower room and family bathroom with three-piece suite. The apartments further benefit from an allocated parking space. \r
\r
Peterborough is one of the UK’s fastest growing cities and is predicted to be England’s fastest growing city by 2025. It is perfectly positioned to benefit from excellent transport links to Newcastle, London and Birmingham and offers a fast and reliable public transport system.\r
\r
According to Peterborough Council, it’s population is expected to grow over 17% from 200,000 to 235,000 over the next 15 years which means there will be an increasing demand for housing. The city is set to receive a huge £22.9million investment from the Towns Fund to make it an even better place to live, work and visit. Alongside this there are plans for a £100 million regeneration of North Westgate to create an eight-screen cinema, a new public square, new homes, shops and restaurants. The development of Fletton Quays will also provide office space, restaurant, leisure and retail opportunities and create hundreds of jobs. Enquire today to discuss this opportunity to invest in Peterborough!
Financial Breakdown
Gross Rent: £11,400.00
Net income: £9,971.61
Gross yield: 7.35%
Net yield: 6.43%
Please contact agent for full financial breakdown.
IMPORTANT NOTE TO PURCHASERS: These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser or lessee must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.
yieldit ref: YL-07752
Agent Details
yieldit
Suite 2A Osprey House at The Nest, Broadway, Manchester, M50 2UE.
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Legal - YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT.
Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.