21b Manor House Street, Peterborough, Peterborough, PE1 2TL

Offers In Excess Of £650,000Freehold

77
Brochure

Key Information

Tenure:Freehold
Council tax band:Not available
Broadband:up to 1800Mbps
Mobile signal:*Based on indoor data coverage
EEO2ThreeVodafone

Key Features

Semi Detached Property
Commercial Investment
7 Studios with Kitchenette and En-Suites
Fully Renovated Throughout
Property Consists Three Bedroom HMO & 4 Bedroom HMO
Gross Income ÂŁ62,400

Description

Presenting an exceptional opportunity for discerning investors, this meticulously renovated 7-bedroom semi-detached house stands as a lucrative commercial investment. Boasting a unique configuration that includes 7 individual studios complete with kitchenettes and en-suites, this property promises a high potential for steady rental income.

Comprising a mix of a three-bedroom House in Multiple Occupation (HMO) as well as a four-bedroom HMO, this property is thoughtfully designed to cater to the needs of tenants seeking comfortable and private living spaces. The premises have been tastefully rejuvenated throughout, ensuring a contemporary and welcoming atmosphere.

Currently yielding a gross income of ÂŁ62,400, this property is primed to provide a favourable return on investment. Situated in a desirable location and offering a layout conducive to both communal living and individual privacy, this property stands as a compelling prospect for those seeking to expand their property portfolio with a sound, income-generating asset.

Arrange Viewing

The Beeches Primary School
(0.19 miles)
Good
Number of pupils: 584
Age Range: 5 - 11
The King's (The Cathedral) School
(0.32 miles)
Outstanding
Number of pupils: 1227
Age Range: 7 - 18
Bishop Creighton Academy
(0.45 miles)
Good
Number of pupils: 201
Age Range: 4 - 11
West Town Primary Academy
(0.51 miles)
Good
Number of pupils: 412
Age Range: 4 - 11
Richard Barnes Academy
(0.59 miles)
Number of pupils: 122
Age Range: 5 - 16
Queen's Drive Infant School
(0.61 miles)
Good
Number of pupils: 267
Age Range: 5 - 7
Lime Academy Abbotsmede
(0.62 miles)
Number of pupils: 428
Age Range: 3 - 11
Gladstone Primary Academy
(0.63 miles)
Requires Improvement
Number of pupils: 578
Age Range: 4 - 11
Thomas Deacon Academy
(0.78 miles)
Good
Number of pupils: 2382
Age Range: 7 - 19
Nene Gate
(0.8 miles)
Good
Number of pupils: 48
Age Range: 8 - 16

Property Calculators

Mortgage

Estimated Monthly Mortgage Payment:
ÂŁ3,420 /mo.25 Years, 5% Interest
Loan
ÂŁ585,000
Total Repay
ÂŁ1,025,956

Stamp Duty

You’ll have to pay the stamp duty of:
ÂŁ20,000
0% up to ÂŁ250,000
5% between ÂŁ250,000 and ÂŁ925,000
Your effective stamp duty rate is 3.08%
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