30, St. Michaels Gate, Cambridgeshire, PE1 4YJ

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 **£285,000**, this reflects a **gross yield of approximately 8.8%**.

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") Disclaimer These particulars are intended as a general guide only and do not form part of any offer or contract.

All descriptions, dimensions, references to condition, necessary permissions for use and occupation, and other details are provided in good faith but without responsibility and should not be relied upon as statements or representations of fact.

Prospective purchasers or tenants should satisfy themselves as to the accuracy of all information by inspection or other means.

Plans, photographs, and floor areas are provided for illustrative purposes only and may not be to scale.

Any reference to appliances, services, or systems does not imply that they are in working order or have been tested.

We have not carried out a structural survey, nor have we tested any services, equipment, or facilities. Accordingly, we cannot confirm that these are in working order or fit for purpose.

In accordance with current regulations, we may receive a commission or referral fee from third-party service providers, including but not limited to mortgage brokers, financial advisors, conveyancers, surveyors, and insurance providers, should you choose to use their services.

Details of any such arrangements are available upon request. All measurements are approximate. Purchasers are advised to verify all information independently before proceeding with a transaction.