2 bedroom flat for sale

FOR SALE AS AN INVESTMENT SUBJECT TO AN ASSURED SHORTHOLD TENANCY

PRICE: Offers in the region of £110,000 (Subject to contract)
GROSS INCOME: £7,680 p.a.

CUMBERLAND HOUSE forms part of a recently updated and improved purpose-built flat complex located on the corner of City Road and St John's Street, close to the Cathedral and the city centre. Local amenities including a wide range of leisure facilities, schools and the Queensgate shopping centre are within walking distance. The complex has an on-site caretaker and a community meeting/activity room.

THIS TWO-BEDROOM EIGHTH FLOOR FLAT dates from the 1960s and is for sale subject to an Assured Shorthold Tenancy currently rented out at £640pcm.

ENERGY PERFORMANCE CERTIFICATE

A copy of the full Energy Performance Certificate is available for inspection at our office.

COUNCIL TAX
Band 'A' payable to Peterborough City Council.

SERVICES
It is understood that all mains services are either connected, or are available for connection to the property.

THE ACCOMMODATION is as follows (N.B. All dimensions are approximate) :-

GROUND FLOOR
Communal Entrance Hall with security entry system. Lifts.

EIGHTH FLOOR
FLAT 86
Entrance Hall: Entrance door with spy-hole. Fitted carpet. Entry phone. Built-in cloaks closet. 2 built-in cupboards, one with slatted linen shelves. Built-in cupboard housing hot water cylinder. “Kyros” electric radiator.
Lounge: 15' 4” x 13' 4” (4.67m x 4.06m). South and west uPVC double-glazed windows. Fitted carpet. Service hatch from Kitchen. “Kyros” electric radiator. Television aerial socket. Telephone point.
Kitchen: 13' 7” x 9' 6” (4.14m x 2.90m). West facing uPVC double-glazed window. Walls part tiled. Vinyl flooring. Worktops with inset stainless-steel sink and with drawers and cupboards under. Matching wall-mounted cupboards. Built-in cupboard. Freestanding “Hotpoint” electric oven with 4-ring electric hob. Plumbing for washing machine.
Bedroom 1: 13' 6” x 9' 10” (4.12m x 3.00m). North facing uPVC double-glazed window. Fitted carpet. “Kyros” electric radiator.
Bedroom 2: (irregular shape) 13' 6" narrowing to 9' 11" x 9' 1" (4.12m narrowing to 3.02m x 2.77m). North facing uPVC double glazed window. Fitted carpet. "Kyros" electric radiator. Fitted wardobes.
Bathroom: 6' 8" x 5' 6" (2.03m x 1.68m). Tiled walls. Panelled bath with "Triton Enrich" shower over. Hand-basin. w.c. Dimplex electric heater.

GARDENS
Communal gardens and parking areas. (Some underground parking is also available to rent separately, subject to availability).

VIEWING AND DIRECTIONS
Viewing is only by prior arrangement through this Agency.

On foot from Queensgate car parks, leave the shopping centre via Boots/Long Causeway and turn left, then first right into Midgate. Continue to the junction and fork right into City Road at the side of the Passport Office. The entrance to the complex is a short distance further on the right.

TENURE
We are informed by the vendor that the property is held on a 125 year lease from the 26th September 1983. The vendor also informs us that the service charge for the period 2024/2025 is £1312.02, covering lighting, cleaning, maintenance of common parts and insurance etc. The ground rent is £10 per annum.


NOTES
The sale is subject to an existing Assured Shorthold tenancy at a rent of £640.00 per calendar month.

None of the appliances or services has been tested and prospective purchasers must satisfy themselves that they are in working order. The floor plan included in these particulars is intended as an approximate guide and its accuracy is not guaranteed.

The Agents for themselves and for the owner of this property hereby give notice that: (1) These particulars do not in any way constitute an offer or a contract; (2) Any intending purchasers/tenants must not rely on the statements made in these particulars as representations of fact, but must satisfy themselves by inspection or otherwise as to their correctness as they are made without acceptance of any responsibility on the part of the Agents or the owner; (3) No representation whatever in relation to this property is made or given by the Agents or the owner, nor has any person in their employment any authority to make or give any such representation or warranty.