2 bedroom flat for sale

  • £115,000
  • 9.9% Rental Yield
  • 70 ALI
Fellowes Road, Peterborough, PE2 8DS
For Sale

2 bedroom flat for sale

Fellowes Road, Peterborough, PE2 8DS
  • £115,000
  • 9.9% Rental Yield
  • 70 ALI

Overview

Updated on February 20, 2024
  • Property Type
  • 2
  • Bedroom
  • 1
  • Bathroom
    • Sq Ft
  • Year Built

Description

This meticulously designed 2-bedroom apartment is strategically situated in close proximity to local amenities and convenient transport links. With the added advantage of being available with No Onward Chain, this residence is nestled in a highly sought-after residential location, presenting an exceptional investment opportunity. The property boasts allocated parking and access to a communal garden, enhancing the overall appeal.

Upon entering the residence, you are welcomed into a well-appointed entrance hall featuring practical storage cupboards designed to accommodate coats and shoes seamlessly.

The hallway seamlessly connects to the bathroom, both bedrooms, the spacious lounge/diner, and a fully equipped kitchen. The kitchen showcases a sophisticated arrangement of wall and base units, complemented by integrated appliances such as an oven, gas hob, extractor fan, and fridge/freezer. Laminate flooring, and part-tiled walls for splashback.

The modernly designed lounge/diner exudes elegance with wood-paneled flooring, a radiator, and a large side-facing window. This open-plan space seamlessly integrates with the kitchen, providing abundant room for both living and dining furniture.

Bedroom 1 is a generously proportioned double bedroom featuring wood-paneled flooring, a radiator, and a side-facing window. Bedroom 2, a double bedroom though smaller, offers versatility with a side-facing window, wood-paneled flooring, and a radiator, making it an ideal space for an office, nursery, or an additonal bedroom.

The well-appointed bathroom encompasses a panelled bath with an overhead shower, a WC, and a pedestal hand wash basin.

Externally, the property enhances its appeal with allocated parking and access to a communal outdoor garden, completing the overall package of this outstanding residence.

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You can secure this property with an optional reservation deposit of £2,500. This forms part of the property's total purchase price and is not an additional fee. The deposit draws up a legally binding exclusivity agreement which gives exclusive rights to purchase the property within an agreed timeframe.

The reservation deposit guarantees that the seller will remove their property from the market as soon as the offer is accepted and the deposit is paid. This means that the property is reserved for you, giving you time to complete the sale without the risk of being gazumped.

The fixed exclusivity period (typically 8-10 weeks) allows you to prepare financing, surveys and property searches with the confidence that you aren't wasting money on a sale that may fall through.

Speak to one of our property specialists about our reservation deposit scheme to find out more.

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These particulars, whilst believed to be accurate, are set out as a general outline and are only intended as guidance and do not constitute any part of an offer or contract. Intending purchasers should not rely on them as statements of representation of fact but must satisfy themselves by inspection or otherwise as to their accuracy. No person employed by SmoothSale has the authority to make or give any representation or warranty in respect of the property. Photographs are reproduced for general information and it must not be inferred that any item shown is included for sale with the property. Prospective purchasers are advised to inspect the property and commission an expert report where appropriate.

Arical Liveability Index

70
Schools
Average
Restaurants
Good
Transport
Average
Services
Good
Groceries
Good
Safety
Outstanding

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Predicted Rental Yield

9.9%

Rental yield is the return a property investor is likely to achieve on a property

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