"***Guide Price £500,000 £550,000***
An exceptional investment opportunity in the heart of Peterborough, this executive detached property on Oundle Road is currently operating as a high yield serviced accommodation, generating approximately £70,000 per annum. With seven bedrooms in use, the property can accommodate up to fourteen guests, making it ideal for short term lets or corporate stays. Previously granted planning permission for further extension, it offers potential for future development. The property benefits from spacious kitchen and dining areas, a storage room, an en suite, and two additional bathrooms. A dedicated car park adds to its convenience. Offered with no forward chain and the option to purchase the company within which the property is held, this is an attractive prospect for investors looking for a ready made income stream in a central location.
Designed to cater to the demands of serviced accommodation, this well presented home provides a practical and spacious layout. The ground floor includes a bright entrance hall leading into versatile living spaces, while the kitchen and dining areas are thoughtfully arranged to accommodate multiple occupants. A separate utility room and storage space enhance functionality. Upstairs, the well proportioned bedrooms offer flexibility, with one featuring an en suite for added privacy. The additional bathrooms are fitted to support high occupancy, ensuring comfort and convenience. Outside, the dedicated car park provides ample space for residents or guests. Situated in a prime location with excellent transport links and local amenities nearby, this property is perfectly positioned for both short and long term rental success. With further development potential and no onward chain, it presents an unmissable opportunity for investors seeking strong returns in a sought after area.
Entrance Hall 6.53 x 2.40 21 5" x 7 10"
Bedroom One 4.32 x 3.90 14 2" x 12 9"
Bathroom 1.91 x 2.37 6 3" x 7 9"
Dining Room 3.65 x 4.10 11 11" x 13 5"
Kitchen 4.07 x 3.03 13 4" x 9 11"
Utility Room 1.16 x 3.08 3 9" x 10 1"
Bedroom Two 4.48 x 4.08 14 8" x 13 4"
Storage Room Additional Bedroom 4.10 x 4.38 13 5" x 14 4"
Landing 3.76 x 2.40 12 4" x 7 10"
Bedroom Three 4.54 x 3.90 14 10" x 12 9"
En Suite To Bedroom Three 2.15 x 1.22 7 0" x 4 0"
Bathroom 1.90 x 2.36 6 2" x 7 8"
Bedroom Four 3.59 x 4.10 11 9" x 13 5"
Bedroom Five 2.57 x 2.40 8 5" x 7 10"
Hallway 1.49 x 2.12 4 10" x 6 11"
Bedroom Six 2.61 x 2.13 8 6" x 6 11"
Bedroom Seven 4.17 x 1.84 13 8" x 6 0"
Epc C 60
Tenure Freehold
Important Legal Information Construction Standard
Accessibility Adaptations Lateral Living
Building safety No
Known planning considerations None
Flooded in the last 5 years No
Sources of flooding n a
Flood defences No
Coastal erosion No
On a coalfield No
Impacted by the effect of other mining activity No
Conservation area No
Lease restrictions No
Listed building No
Permitted development No
Holiday home rental No
Restrictive covenant No
Business from property No
Property subletting No
Tree preservation order No
Other No
Right of way public No
Right of way private No
Registered easements No
Shared driveway No
Third party loft access No
Third party drain access No
Other No
Parking Driveway Private, Off Street Parking, Residents Parking
Solar Panels Yes Owned
Water Mains
Electricity Mains Supply, Solar PV Panels
Sewerage Mains
Heating Gas Mains
Internet connection Cable
Internet Speed up to 1800Mbps
Mobile Coverage EE Excellent, O2 Great, Three Excellent, Vodafone Great
Disclaimer If you are considering purchasing this property as a Buy to Let investment, please be advised that certain areas may be subject to Selective Licensing schemes. Prospective purchasers are strongly advised to carry out their own due diligence to ensure compliance with any applicable licensing requirements, including any associated fees or obligations.
All information is provided without warranty.
The information contained is intended to help you decide whether the property is suitable for you. You should verify any answers which are important to you with your property lawyer or surveyor or ask for quotes from the appropriate trade experts builder, plumber, electrician, damp, and timber expert.
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