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Chain free
Freehold

£180,000

3 bed terraced house for sale

Alma Road, Peterborough, Cambridgeshire PE1
3 beds
1 bath
1 reception
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£180,000

3 bed terraced house for sale
Alma Road, Peterborough, Cambridgeshire PE1

    • 3 beds

    • 1 bath

    • 1 reception

  • EPC Rating: E

Chain free
Freehold

About this property

  • Lucrative HMO

  • Central location 12% yield

  • 3 Double Bedrooms

  • Close to Ameneties

  • Ideal investment

  • New kitchen and bathroom (2021)

  • New carpets

  • HMO licence in place

  • Planning permission granted

  • No chain

Attention 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.

More information

  • Tenure

    Freehold

  • Council tax band

    A band has not yet been confirmed.

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Bairstow Eves - Peterborough Sales

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