Offers over
£50,000
1 bed flat for salePeacock Court Bridge Road, Lincolnshire PE12
1 bed
1 bath
EPC Rating: C
Leasehold
About this property
Vacant Possesion - same day viewings available!
Impressive 12% Potential Rental Yield
Potential Rental Income of £550 pcm
Offered with Vacant Possession
Ideal Buy-to-Let Investment
Excellent Portfolio
An exciting opportunity for investors to secure a high-yielding buy-to-let property at Bridge Road, offered with vacant possession and excellent rental potential.
The property has the potential to achieve approximately £550 pcm, offering an impressive 12% rental yield and making it an attractive option for landlords looking to maximise returns or expand their existing portfolio.
With well-proportioned accommodation and a practical layout suited to the rental market, the property provides a fantastic opportunity for an investor to secure, prepare and let out to their preferred tenant.
Situated within an established residential location with access to local amenities and transport connections, this is a strong investment opportunity combining an attractive purchase price with excellent income potential.
Please note that any systems, appliances, or services shown in the marketing photographs have not been tested by us and will be subject to the fixtures and fittings agreement with the seller.
Once your offer has been accepted, a £5,000 exclusivity deposit is required to secure the property. This deposit forms part of the final purchase price, it also forms as apart of the mortgage deposit if using a mortgage and is not an additional cost.
The reservation deposit ensures the property is immediately withdrawn from the market and reserved exclusively for you, helping to prevent gazumping, unnecessary delays and avoidable costs for both parties.
A non-refundable administration fee of £600 (including VAT) is also payable. This fee is separate from the purchase price and covers the administration required to prepare the legally binding agreement between the buyer and seller, granting you the exclusive right to purchase the property within the pre-agreed timeframe.
For cash buyers, searches and surveys must be indemnified in accordance with our Terms and Conditions.
The property has the potential to achieve approximately £550 pcm, offering an impressive 12% rental yield and making it an attractive option for landlords looking to maximise returns or expand their existing portfolio.
With well-proportioned accommodation and a practical layout suited to the rental market, the property provides a fantastic opportunity for an investor to secure, prepare and let out to their preferred tenant.
Situated within an established residential location with access to local amenities and transport connections, this is a strong investment opportunity combining an attractive purchase price with excellent income potential.
Please note that any systems, appliances, or services shown in the marketing photographs have not been tested by us and will be subject to the fixtures and fittings agreement with the seller.
Once your offer has been accepted, a £5,000 exclusivity deposit is required to secure the property. This deposit forms part of the final purchase price, it also forms as apart of the mortgage deposit if using a mortgage and is not an additional cost.
The reservation deposit ensures the property is immediately withdrawn from the market and reserved exclusively for you, helping to prevent gazumping, unnecessary delays and avoidable costs for both parties.
A non-refundable administration fee of £600 (including VAT) is also payable. This fee is separate from the purchase price and covers the administration required to prepare the legally binding agreement between the buyer and seller, granting you the exclusive right to purchase the property within the pre-agreed timeframe.
For cash buyers, searches and surveys must be indemnified in accordance with our Terms and Conditions.
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Monthly repayment
£250 per month
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The monthly repayments provided are estimates and should be used as a guide only. The actual amount you can borrow will depend on your personal financial situation and subject to a full application. For a more precise estimate, please use the Mojo mortgage calculator. Your home or property may be repossessed if you do not keep up repayments on your mortgage.
More information
Tenure
Leasehold (963 years)
Service charge
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Ground rent
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