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South Street, Stanground, Peterborough, PE2 8EU

Guide Price £590,000Freehold

533

Key Information

Tenure:Freehold
Council tax band:D
Broadband:up to 1000Mbps
Mobile signal:*Based on indoor data coverage
EEO2ThreeVodafone

Key Features

Purchase Via Auction
Investors Only
Five Bed End Terrace And Two Commercial Properties
Commercial Property Tenanted
Yearly Income To Be Confirmed On Appointment
Car Park With Allocated Parking
Single Garage
EPC - No 29 - E, No 31 - B, No 33 - C
Virtual Tour Available

Description

*Auctioneer Comments*
This property is for sale by Modern Method of Auction allowing the buyer and seller to complete within a 56 Day Reservation Period. Interested parties’ personal data will be shared with the Auctioneer (iamsold Ltd). If considering a mortgage, inspect and consider the property carefully with your lender before bidding. A Buyer Information Pack is provided, which you must view before bidding. The buyer will pay £300 inc VAT for this pack. The buyer signs a Reservation Agreement and makes payment of a Non-Refundable Reservation Fee of 4.8% of the purchase price inc VAT, subject to a minimum of £6,600 inc VAT. This Fee is paid to reserve the property to the buyer during the reservation period and is paid in addition to the purchase price. The Fee is considered within calculations for stamp duty. Services may be recommended by the Agent/Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450. These services are optional.
Welcome to this unique investment opportunity located on South Street in Stanground, Peterborough. This property boasts both a spacious five-bedroom house but also two commercial units, making it a versatile and potentially lucrative investment. One of the standout features of this property is the car park, which offers allocated parking for all units. This is a valuable asset, especially in a busy area like Stanground, where parking can often be a challenge. Whether you are looking to expand your property portfolio, start a new business, or simply want a spacious home with additional income potential, this property on South Street is definitely worth considering. Don't miss out on this fantastic opportunity to own a property with multiple potential uses in a convenient location. Both commercial units are currently on long term lease at £700pcm each, the house has potential to be turned into an HMO and currently vacant but was generating £1700 pcm

Entrance Hall 1.82 x 4.07 (5'11" x 13'4")

Hallway 6.82 x 1.88 (22'4" x 6'2")

Reception Room 3.73 x 4.17 (12'2" x 13'8")

Living Room 5.51 x 6.05 (18'0" x 19'10")

WC 2.74 x 1.30 (8'11" x 4'3")

Hallway 1.08 x 6.26 (3'6" x 20'6")

Utility Room 1.77 x 1.45 (5'9" x 4'9")

Kitchen 4.78 x 3.92 (15'8" x 12'10")

Utility Room 1.40 x 1.32 (4'7" x 4'3")

Landing 1.09 x 4.33 (3'6" x 14'2")

Master Bedroom 3.79 x 6.04 (12'5" x 19'9")

En-Suite To Master Bedroom 1.60 x 3.53 (5'2" x 11'6")

Bedroom Two 6.06 x 3.40 (19'10" x 11'1")

En-Suite To Bedroom Two 2.12 x 1.73 (6'11" x 5'8")

Bedroom Three 4.87 x 4.18 (15'11" x 13'8")

Bedroom Four 4.91 x 4.23 (16'1" x 13'10")

Bathroom 3.03 x 1.87 (9'11" x 6'1")

Bedroom Five 4.82 x 2.32 (15'9" x 7'7")

Commercial Unit One 11.19 x 4.36 (36'8" x 14'3")

Storage Room 1.61 x 3.58 (5'3" x 11'8")

WC 1.43 x 1.85 (4'8" x 6'0")

Storage Room 4.79 x 1.43 (15'8" x 4'8")

Commercial Unit Two 4.99 x 4.37 (16'4" x 14'4")

Landing 3.85 x 2.30 (12'7" x 7'6")

Office 3.88 x 1.99 (12'8" x 6'6")

Hallway 1.98 x 1.78 (6'5" x 5'10")

Kitchen 2.17 x 1.62 (7'1" x 5'3")

Commercial Premises 4.47 x 4.48 (14'7" x 14'8")

WC 1.92 x 1.10 (6'3" x 3'7")

EPC
No 29 - E 51/74
No 31 - B 48
No 33 - C 74

Tenure -Freehold

IMPORTANT LEGAL INFORMATION
AWAITING CONFIRMATION

DRAFT DETAILS AWAITING VENDOR APPROVAL

Arrange Viewing

Stanground St Johns CofE Primary School
(0.14 miles)
Good
Number of pupils: 206
Age Range: 5 - 11
Southfields Primary School
(0.52 miles)
Good
Number of pupils: 604
Age Range: 4 - 11
Stanground Academy
(0.71 miles)
Good
Number of pupils: 1334
Age Range: 11 - 19
Oakdale Primary School
(0.83 miles)
Good
Number of pupils: 276
Age Range: 5 - 11
Old Fletton Primary School
(0.89 miles)
Good
Number of pupils: 427
Age Range: 3 - 11
Heritage Park Primary School
(1.02 miles)
Outstanding
Number of pupils: 212
Age Range: 4 - 11
Saint Michael CofE Primary School (Voluntary Aided)
(1.05 miles)
Requires Improvement
Number of pupils: 418
Age Range: 4 - 11
Bishop Creighton Academy
(1.05 miles)
Good
Number of pupils: 201
Age Range: 4 - 11
St Augustine's CofE (Voluntary Aided) Junior School
(1.07 miles)
Good
Number of pupils: 236
Age Range: 7 - 11
Woodston Primary School
(1.09 miles)
Number of pupils: 538
Age Range: 4 - 11

Payment Calculator

Mortgage

Estimated Monthly Mortgage Payment:
ÂŁ3,104 /mo.25 Years, 5% Interest
Loan
ÂŁ531,000
Total Repay
ÂŁ931,252

Stamp Duty

You’ll have to pay the stamp duty of:
ÂŁ17,000
0% up to ÂŁ250,000
5% between ÂŁ250,000 and ÂŁ925,000
Your effective stamp duty rate is 2.88%

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