5 bed end terrace house for sale

St. Michaels Gate, Peterborough, Cambridgeshire PE1

Situated in the established area of St Michaels Gate, Peterborough, this five-bedroom property offers excellent potential as an HMO investment, subject to the necessary consents and licensing.

The property was generating approximately **£2,100 per calendar month**, equating to **£25,200 per annum**.

Based on an asking price of **£250,000**, this reflects a **gross yield of approximately 10.1%**.

Key Features

* Five Bedroom HMO Investment Opportunity
* All Rooms with En-Suite Facilities
* Individual Kitchenettes to Each Room
* Additional Communal Kitchen (Top Floor)
* Well Maintained Throughout
* Communal Garden
* Garage & Off Road Parking
* Popular Location Close to Amenities & Transport Links

Description

Arranged over multiple floors, the property is currently configured to provide five individual rooms, each benefitting from its own en-suite shower room and kitchenette. The layout lends itself well to a multi-let setup, offering a practical balance of private and shared living.

A separate communal kitchen is located on the upper floor, complemented by a shared garden space to the rear. The property also benefits from a garage and off-road parking, adding further convenience for occupants.

Presented in good overall condition, the property is well suited for a buyer looking to establish or continue an HMO investment with minimal initial work required.

Investment Overview

The property was generating approximately **£2,100 per calendar month**, equating to **£25,200 per annum**.

Based on an asking price of **£285,000**, this reflects a **gross yield of approximately 8.8%**.

Prospective purchasers should note that any HMO use would be subject to obtaining the appropriate licence and complying with local authority requirements.

Accommodation & Room Measurements

**Bedroom 1**
3.1m x 2.9m (10'2" x 9'5")
En-Suite & Kitchenette

**Bedroom 2**
4.8m x 2.9m (15'7" x 9'5")
En-Suite & Kitchenette

**Bedroom 3**
4.1m x 2.9m (13'5" x 9'5")
En-Suite & Kitchenette

**Bedroom 4**
5.0m x 2.9m (16'4" x 9'5")
En-Suite & Kitchenette

**Bedroom 5**
4.0m x 2.9m (13'1" x 9'5")
En-Suite & Kitchenette

**Communal Kitchen (Top Floor)**
3.2m x 2.9m (10'5" x 9'5")

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