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Oundle Road, Peterborough, Cambridgeshire, PE2 9QP

Guide Price £500,000Freehold

732

Key Information

Tenure:Freehold
Council tax band:Not available
Broadband:up to 1800Mbps
Mobile signal:*Based on indoor data coverage
EEO2ThreeVodafone

Key Features

Executive Detached Property Currently Used As A Serviced Accommodation
Currently Seven Bedrooms In Use Sleeping Up To Fourteen People
Car Park Included
Kitchen/Dining Area, Storage Room, En-Suite & Two Bathrooms
Offered With No Forward Chain & Option To Buy The Company The Property Is With
Currently Achieving Approximately £70,000 Per Annum Through Serviced Accommodation
Planning Permission Previously Granted To Extend
Ideal Investment Opportunity In A Central Peterborough Location
Virtual Tour Available
EPC - C

Description

***Guide Price £500,000 - £550,000***
An exceptional investment opportunity in the heart of Peterborough, this executive detached property on Oundle Road is currently operating as a high yield serviced accommodation, generating approximately £70,000 per annum. With seven bedrooms in use, the property can accommodate up to fourteen guests, making it ideal for short-term lets or corporate stays. Previously granted planning permission for further extension, it offers potential for future development. The property benefits from spacious kitchen and dining areas, a storage room, an en-suite, and two additional bathrooms. A dedicated car park adds to its convenience. Offered with no forward chain and the option to purchase the company within which the property is held, this is an attractive prospect for investors looking for a ready-made income stream in a central location.

Designed to cater to the demands of serviced accommodation, this well-presented home provides a practical and spacious layout. The ground floor includes a bright entrance hall leading into versatile living spaces, while the kitchen and dining areas are thoughtfully arranged to accommodate multiple occupants. A separate utility room and storage space enhance functionality. Upstairs, the well-proportioned bedrooms offer flexibility, with one featuring an en-suite for added privacy. The additional bathrooms are fitted to support high occupancy, ensuring comfort and convenience. Outside, the dedicated car park provides ample space for residents or guests. Situated in a prime location with excellent transport links and local amenities nearby, this property is perfectly positioned for both short- and long-term rental success. With further development potential and no onward chain, it presents an unmissable opportunity for investors seeking strong returns in a sought-after area.

Entrance Hall 6.53 x 2.40 (21'5" x 7'10")

Bedroom One 4.32 x 3.90 (14'2" x 12'9")

Bathroom 1.91 x 2.37 (6'3" x 7'9")

Dining Room 3.65 x 4.10 (11'11" x 13'5")

Kitchen 4.07 x 3.03 (13'4" x 9'11")

Utility Room 1.16 x 3.08 (3'9" x 10'1")

Bedroom Two 4.48 x 4.08 (14'8" x 13'4")

Storage Room/Additional Bedroom 4.10 x 4.38 (13'5" x 14'4")

Landing 3.76 x 2.40 (12'4" x 7'10")

Bedroom Three 4.54 x 3.90 (14'10" x 12'9")

En-Suite To Bedroom Three 2.15 x 1.22 (7'0" x 4'0")

Bathroom 1.90 x 2.36 (6'2" x 7'8")

Bedroom Four 3.59 x 4.10 (11'9" x 13'5")

Bedroom Five 2.57 x 2.40 (8'5" x 7'10")

Hallway 1.49 x 2.12 (4'10" x 6'11")

Bedroom Six 2.61 x 2.13 (8'6" x 6'11")

Bedroom Seven 4.17 x 1.84 (13'8" x 6'0")

EPC - C
60

Tenure - Freehold

IMPORTANT LEGAL INFORMATION
Construction: Standard
Accessibility / Adaptations: Lateral Living
Building safety: No
Known planning considerations: None
Flooded in the last 5 years: No
Sources of flooding: n/a
Flood defences: No
Coastal erosion: No
On a coalfield: No
Impacted by the effect of other mining activity: No
Conservation area: No
Lease restrictions: No
Listed building: No
Permitted development: No
Holiday home rental: No
Restrictive covenant: No
Business from property: No
Property subletting: No
Tree preservation order: No
Other: No
Right of way public: No
Right of way private: No
Registered easements: No
Shared driveway: No
Third party loft access: No
Third party drain access: No
Other: No
Parking: Driveway Private, Off Street Parking, Residents Parking
Solar Panels: Yes - Owned
Water: Mains
Electricity: Mains Supply, Solar PV Panels
Sewerage: Mains
Heating: Gas Mains
Internet connection: Cable
Internet Speed: up to 1800Mbps
Mobile Coverage: EE - Excellent, O2 - Great, Three - Excellent, Vodafone - Great

Disclaimer: If you are considering purchasing this property as a Buy-to-Let investment, please be advised that certain areas may be subject to Selective Licensing schemes. Prospective purchasers are strongly advised to carry out their own due diligence to ensure compliance with any applicable licensing requirements, including any associated fees or obligations.

All information is provided without warranty.
The information contained is intended to help you decide whether the property is suitable for you. You should verify any answers which are important to you with your property lawyer or surveyor or ask for quotes from the appropriate trade experts: builder, plumber, electrician, damp, and timber expert.

Arrange Viewing

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Payment Calculator

Mortgage

Estimated Monthly Mortgage Payment:
ÂŁ2,501 /mo.25 Years, 4.5% Interest
Loan
ÂŁ450,000
Total Repay
ÂŁ750,374

Stamp Duty

You’ll have to pay the stamp duty of:
ÂŁ12,500
0% up to ÂŁ250,000
5% from ÂŁ250,000 to ÂŁ500,000
Your effective stamp duty rate is 2.5%

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