1-bedroom flat · PE2 8UB
Listing removedListed 72 days
Opportunity summary
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About
Looking for a low-maintenance investment with strong rental demand and an immediate return on your investment?
Based on a purchase price of £155,000 Stamp Duty = £8,350.00 Solicitor Fees = £1,000.00 Total Acquisition Cost = £164,350.00 Cashflow Analysis Monthly Rent = £1,150.00 Monthly Expenses = £692.89 (includes service charge, ground rent, management fees and monthly mortgage payments based on 75% LTV) Net Monthly Cashflow = £457.11 Annual Cashflow = £5,485.32 Return On Investment (ROI) Net Annual Cashflow = £5,485.32 Total Money Left In = £48,100.00 ROI (%) = 11.40% ***spacious & luxurious***large balcony***investment purchase only**We are thrilled to offer to the sales market this spacious one bedroom apartment positioned on the first floor of Kitson House which boasts luxurious and modern fixtures and fittings.
This includes an outstanding designer kitchen with quartz stone worktops along with remarkable high specification bathroom with porcelain tiling, all finished to the highest quality.
The apartment comprises open plan Kitchen/Living/Dining Area. The double bedroom is complete fitted wardrobes and the luxury bathroom comes with shower over bath.
The magnificent outside private terrace is very spacious and is perfect for entertaining and enjoying some Al fresco dining.
The high specification designer kitchen includes: Zanussi stainless steel electric fan oven Zanussi induction hob and Caple stainless steel chimney extractor Zanussi integrated fridge/freezer, washer/dryer and dishwasher Designer units by Oakwood Kitchens Quartz stone worktops and upstands Stainless steel splashback to hob Fascino stainless steel sink with oversized single bowl Fascino designer curved tap with clipped hose-spray extension Fascino instant boiling water tap Integrated stainless steel soap dispenser The luxury bathroom includes: Fascino digitally controlled Smart Tap Smart mirror with LED lighting, shaver socket, digital clock and de-mist pad Walnut vanity unit with integrated storage space and black porcelain worktop rak Ceramics basin rak Ceramics Hygiene+ WC with RAKRimless pan and soft close ergonomic design seat Fascino Smart Shower Heater chrome towel rails rak Ceramics porcelain wall and floor tiles Low-level LED strip lighting General specification of this apartment includes: Forest oak doors with polished chrome ironmongery, matching wrapped door-lining, architraves and skirtings Oak strip wood flooring to entrance hall, living area, dining area, kitchen and cloakrooms Carpets with underlay to bedroom Fitted double wardrobe to bedroom Virgin Media television and telephone points to living area and master bedroom Gas fired heating system via radiators Smoke alarm and co detectors Double glazed uPVC windows Allocated private parking space under building Audio entry system Sprinkler system installed overall dimensions 52.0 sq.
Metres - 559.7 sq.
Feet kitchen/living/dining 7875mm X 4253mm 25ft 10in X 13ft 11in master bedroom 5550mm X 2845mm 18ft 3in X 9ft 4in Leasehold information: 993 year lease remaining Annual service charge = £1054.66 Annual ground rent = £250.00 Explanation for clients about proving their identity When you buy and sell a property you need to prove your identity to estate agents, solicitors and others involved in the transaction.
This is to help prevent money laundering. The evidence we need: To comply with law, we need to get evidence of your identity as soon as possible.
Please bring in to our office your passport, or your photocard driving licence to prove your identity. We will need to check it, and to keep a copy.
If these documents are not available, please speak to us to establish what other evidence may be acceptable.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About 118 Kitson House, East Station Road, Peterborough
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