24 Belham Road, Peterborough, Cambridgeshire, PE1 3HS
- Unconditional Online Sale
- Offers in Excess of : £350,000
- Bedrooms: 5
- Bathrooms: 5
Licensed 5-Bed All-Ensuite HMO | £36,000 Annual Income | 10.29% Gross Yield | Prime Peterborough Location | Near City Centre, University & Employers | Professional Tenants | Fast London Rail Links | Regeneration Area | Turnkey Investment
Description
This modern, licensed, all-ensuite HMO offers a strong, income-generating investment in a prime Peterborough location. Fully let to working professionals, the property produces £36,000 in annual rental income, delivering a solid gross yield of 10.29% with stable occupancy and dependable returns. Well-presented throughout, it provides high-quality accommodation close to the city centre, university, and major employers, ensuring consistent tenant demand. Excellent connectivity via fast rail links to London in under 50 minutes, alongside easy access to the A1(M) and A47, further enhances its appeal. With ongoing city centre redevelopment and significant housing growth driving long-term demand and capital appreciation, this property represents a secure, high-yielding opportunity in one of the East of England’s most resilient rental markets.
Income Breakdown (Monthly)
| Room 1: £650.00 |
| Room 2: £650.00 |
| Room 3: £575.00 |
| Room 4: £550.00 |
| Room 5: £575.00 |
| Total Monthly Income: £3,000.00 |
| Total Annual Income: £36,000.00 |
Expenditure Breakdown (Monthly):
| Gas: £150.00 |
| Electric: £150.00 |
| Water: £100.00 |
| Council Tax: £145.00 |
| Broadband: £26.00 |
| Cleaner: £30.00 |
| Management (10%): £300.00 |
| Total Monthly Expenditure: £901.00 |
| Total annual Expenditure: £10,812.00 |
Investment Performance:
| Net Annual Income: £25,188.00 |
| Gross Yield: 10.29% |
| Net Yield: 7.20% |
Committed Sale Process
This property is offered for sale via the HMO X Committed Sale process. Buyers are advised to review the full Terms & Conditions of sale and all documentation contained within the legal pack before making an offer.
If your offer is accepted, a £3,500 reservation deposit will be required to secure the property and remove it from the market. The deposit is not a buyer’s fee and will be credited toward the purchase price on exchange.
Full details of the Committed Sale process are available within the legal pack or from the HMO X team.
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