6 bedroom house share for sale

>

6 bedroom house share for sale

Charles Street, Peterborough, Cambridgeshire, PE1
£450,000

Our Summary

  • Freedom Homes Ltd - Turnkey HMO Investment Opportunity Property Address: Charles Street, Peterborough, PE1 5EP Sales Price: £450,000 Expected Gross Annual Income: £47,460 Gross Yield: 10
  • 55% Property Overview: Charles Street offers a fantastic investment opportunity in a high-demand rental area
  • Contact our team today to discuss this incredible investment opportunity or to arrange a viewing

Description

This property, located on Charles Street in Peterborough, is a turnkey HMO investment opportunity with a sales price of £450,000. The property has been fully refurbished to provide high-spec 5 studio rooms and 1 ensuite, each with a private kitchenette and access to a shared kitchen. The property is expected to generate a gross annual income of £47,460, with a gross yield of 10.55%. The monthly rental breakdown is as follows: Room 1-6, with a total monthly rental of £3,915. The property is fully managed by Freedom Homes Ltd, specialists in HMO management. The property is close to key amenities, including the Queensgate Shopping Centre and Perkins Engines, and has a strong tenant demand driven by its excellent transport links, growing economy, and affordable living. The property has a net annual income of £34,686, with a 25% deposit investment of £112,500.