South View Road, Peterborough, Cambridgeshire

HMO Sales Expert are specialists within the HMO and multi-unit marketplace across the UK. Our experienced team has a combined 100+ years of specific HMO experience including investing, managing, developing, valuing and selling. Every property is exclusively listed, direct to landlord, visited and quality-checked by our team and is sold with NO BUYER FEES or reservation costs. Full access to every financial detail and a pro-active and time-served team to assist you.

This high-yield investment property in Peterborough's PE4 6AG area presents a compelling opportunity with an annual income of £45,780, a gross yield of 10.65%, and a net yield of 7.24%. Featuring six en-suite bedrooms with high-quality finishes, it offers luxurious and comfortable living conditions for tenants. The property is expertly managed by Freedom Homes, specialists in HMO management, ensuring efficient operations and high tenant satisfaction.

Strategically located, the property provides easy access to local amenities, employment hubs, and excellent transport links, making it highly attractive to a diverse tenant base including young professionals, key workers, and students. Its proximity to major employers like Amazon, Perkins Engines, BGL Group, and Peterborough City Hospital drives consistent rental demand, supported by a robust local economy.

Additionally, the property benefits from excellent transport connections, being close to Peterborough railway station which offers direct services to London Kings Cross. It is also well-connected by major roads and public transport options. The ongoing regeneration in the area, including significant projects like Fletton Quays Development and the new University of Peterborough campus, further enhances its investment potential and attractiveness. This investment is ideal for those seeking a profitable and stable property in a dynamically developing area.

Income Breakdown (Monthly):

Room 1: £695.00
Room 2: £565.00
Room 3: £525.00
Room 4: £675.00
Room 5: £670.00
Room 6: £685.00

Total Monthly Income: £3,815.00

Annual Income: £45,780.00

Expenditure Breakdown (Monthly):

Gas: £250.00
Electric: £250.00
Water: £50.00
Council Tax: £161.00
TV License: £14.13
Broadband: £36.00
Cleaner: £0.00 (not listed)
Management: £457.80

Total Monthly Expenditure: £1,218.93

Annual Expenditure: £14,627.16

Net Annual Income: £31,152.84 (calculated as Total Income - Total Expenditure)

Gross Yield: 10.65% (calculated as Annual Income / Purchase Price)

Net Yield: 7.24% (calculated as Net Annual Income / Purchase Price)

Commentary:

The room rates and expenditure figures are based on current data. The property's financial performance indicates a solid gross yield of 10.65% and a net yield of 7.24%, reflecting its potential as a valuable investment. This financial summary does not account for potential vacancy periods or additional management costs not listed, which could impact net income and yield calculations.