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3 bed Flat For Sale £195,000
Regency House, Princes Gate, Peterborough PE1


Description
** three bedroom apartment ** Belvoir are delighted to offer the rare opportunity to purchase this stunning apartment overlooking one of Peterborough's most prestigious parks. The apartment offers spacious living accommodation and boasts many attractive features including a balcony to the front aspect, en suite to master bedroom and integrated appliances. The property further benefits from secure allocated parking and is sold with no forward chain

Location

Peterborough is one of the fastest growing cities in the UK, which is delivering a billion pound regeneration programme, and boasts unrivalled transport links and exciting plans for growth. Regency house is situated close to the city centre and offers fantastic City Living for those who work locally but also for commuters who work in such areas as London and Cambridge as they are located in close proximity to the bus and railway stations.

Entrance Hall

Intercom system, fitted carpet

Kitchen / Breakfast Room (3.5m x 3.1m max (11'5" x 10'2" max ))

Fitted with a matching range of eye and base level units with worktop space over. Integrated washing machine, oven and separate four ring hob, dishwasher, microwave fridge/freezer, stainless steel circular sink, built in wine rack, two UPVc double glazed window to front aspect, wood effect laminate flooring.

Lounge (5.2m x 3.1m max (17'0" x 10'2" max ))

Fitted with carpet, wall mounted radiator, UPVc double glazed window to front aspect, UPVc double glazed window to side aspect, double glazed French patio doors to balcony.

Master Bedroom (3.6m x 3.1m max (11'9" x 10'2" max ))

Double sized bedroom fitted with carpet, french door to Juliette balcony, built in wardrobes, wall mounted radiator, door to;

En Suite

Fitted with a three piece suite comprising of a walk in shower cubicle, pedestal wash hand basin and low level WC, chrome heated towel rail.

Bedroom Two (3.5m x 3.2m max (11'5" x 10'5" max ))

Double sized bedroom fitted with carpet, wall mounted radiator, built in wardrobes.

Bedroom Three (3.4m x 2.4m max (11'1" x 7'10" max))

Bedroom fitted with carpet, wall mounted radiator.

Family Bathroom

Fitted with a three piece suite comprising of bath with shower over, pedestal wash hand basin and low level W/C

Leasehold Information

The vendor informs us there are 982 years left of an original 999 years.

The vendor informs us the service charge is currently £488.66 quarterly.

Outside

Allocated parking

Agents Note - Photographs

These photos are for general guidance only and were taken in 2019. Buyers must therefore view the property themselves before placing an offer

Investor Information

Based on a sale at £195k and potential rental income of £850 pcm (please note that these figures are an illustration based on an average buy to let mortgage and deposit and actual costs may vary)
- 75% loan assuming standard btl loan at 2.49% (interest only)
- Capital used £57,350 (including deposit, stamp duty and conveyance)
- Annual pre tax profit of £2,893= 5.04% pre tax income on capital used (these assumptions include a maintenance estimate)
- Gross yield 5.01%

Belvoir Disclaimer

Every care has been taken with the preparation of these Particulars but complete accuracy cannot be guaranteed. If there is any point, which is of particular importance to you, please obtain professional confirmation. All measurements quoted are approximate. These Particulars do not constitute a contract or part of a contract

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