St. Margarets Road, Peterborough PE2 1 bed flat for sale

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St. Margarets Road, Peterborough PE2 1 bed flat for sale

St. Margarets Road, Peterborough PE2
£88,000

Price History

Initial price £90,000
13/02/25 £88,000
Price Change -2.22%

Description

This 1-bedroom flat in Peterborough is an excellent investment opportunity for those looking to expand their portfolio. The property is well-maintained and features a lounge, bathroom, and kitchen, with a current annual gross income of £8,100. Although the rent could be increased to a market rate of £8,592 with long-term tenants already in place, the current occupants have been consistently paying their rent and intend to remain in the property. With a purchase price that allows for a worthwhile addition to an investor's portfolio, this flat offers a rewarding rental return and a smooth transaction process through Let Property Sales.