6 bedroom house share for sale

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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 is a turnkey HMO investment opportunity in Peterborough, offering a gross annual income of £47,460 and a gross yield of 10.55%. The property, located on Charles Street, comprises five studio rooms and one ensuite room, each with private kitchenettes and access to a communal kitchen. The property is fully managed by Freedom Homes Ltd, a specialist in HMO management. The property is close to key amenities, including Queensgate Shopping Centre, Perkins Engines, and restaurants, bars, and cultural landmarks. The estimated annual expenditure is £11,720, leaving a net annual income of £35,118. The property is expected to attract strong tenant demand, driven by Peterborough's excellent transport links, growing economy, and affordable living. With a 25% deposit investment of £112,500, this property offers a high-yielding and capital growth potential investment opportunity.