For Sale3 Bedroom Terraced House in Alma Road, Peterborough, Cambridgeshire, PE1£180,000

Alma Road, Peterborough, Cambridgeshire, PE1

3 Bedroom Terraced House for sale
£180,000
Property Type
Terraced House
Bedrooms
× 3
Bathrooms
× 1
Receptions
× 1
Tenure
Freehold
Price
£180,000

Description

INVESTORS – FULLY LICENSED 3-BED HMO – OVER 12% YIELD Located on the sought-after Alma Road, this fully HMO-compliant and licensed three-bedroom property offers an outstanding investment opportunity, currently generating an impressive rental yield of just over 12%. With planning permission granted and a strong rental history, it’s a turnkey addition to any portfolio. The property has been recently renovated throughout, including new carpets, fresh décor, and a modern kitchen and bathroom fitted in 2021. Downstairs, the property features one double bedroom, a communal living space, kitchen, and shared bathroom, while upstairs you’ll find two further generously sized double bedrooms. The house also benefits from a well-sized rear garden, adding to its appeal for tenants. Each room is providing a return of £600 PCM, producing a total monthly income of £1,800. With all compliance in place and strong tenant demand in the area, this is a high-yielding opportunity not to be missed. Enquire now to arrange your viewing.

Alma Road, Peterborough, Cambridgeshire, PE1 on Map