1 bedroom flat for sale

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1 bedroom flat for sale

St. Margarets Road, Peterborough PE2
£84,000

Price History

Initial price £90,000
13/02/25 £88,000
04/03/25 £86,000
14/03/25 £84,000
21/03/25 £82,000
28/03/25 £80,000
05/04/25 £88,000
11/04/25 £86,000
17/04/25 £84,000
Price Change -6.67%

Description

This 1-bedroom flat in Peterborough is a fantastic investment opportunity for those looking to expand their portfolio. The property is well-kept and features a lounge, bathroom, and kitchen, and is currently producing an annual gross income of £8,100. With the potential to increase the rent to a market rate of £8,592 with long-term tenants already in place, this property offers a worthwhile addition to an investor's portfolio. The current tenants have been living in the property for several years and have consistently paid their rent, making for a smooth transition for the new owner. With Let Property Sales committed to facilitating a seamless transaction process, this is an opportunity not to be missed.