D B Freeman & Daughters, 11-13 High Causeway, Peterborough, Whittlesey, PE7 1AE

£875,000Freehold

10102
Brochure

Key Information

Tenure:Freehold
Council tax band:Not available
Broadband:up to 80Mbps
Mobile signal:*Based on indoor data coverage
EEO2ThreeVodafone

Key Features

Freehold
Occupied Shop Premises
Parking Area To The Rear
Potential Return Of £75,000 per Annum
Town Centre Location
Two x 5 Bedroom HMO's

Description

Welcome to High Causeway, Whittlesey, a great opportunity to invest in two blocks of studio apartments with a shop below. This property is situated in the centre of the town, providing easy access to amenities and transport links.

This two-block property is comprised of 10 bedroom studio apartments, all fully refurbished with kitchenettes and ensuites. It offers potential investors an ideal investment opportunity to generate an annual income of £84,000 combined. There is also a car park area at the rear of the property.

The location of High Causeway, Whittlesey is ideal for commuters as it provides easy access to the A1, A47 and other major roads. It is also close to Peterborough train station which provides direct services to London King’s Cross in just over an hour.

Whittlesey itself is a picturesque market town located 12 miles north of Peterborough city centre. It is a popular destination for tourists due to its many attractions such as Ely Cathedral, Flag Fen archaeological site and the Nene Valley Railway. There are also plenty of shops, restaurants and pubs in the area.

This investment opportunity should not be missed! If you would like to arrange a viewing or find out more information about this property please do not hesitate to contact us today.

Arrange Viewing

Park Lane Primary & Nursery School
(0.33 miles)
Good
Number of pupils: 471
Age Range: 3 - 11
Sir Harry Smith Community College
(0.41 miles)
Good
Number of pupils: 1089
Age Range: 11 - 18
Alderman Jacobs School
(0.51 miles)
Good
Number of pupils: 684
Age Range: 3 - 11
New Road Primary & Nursery School
(0.83 miles)
Requires Improvement
Number of pupils: 164
Age Range: 2 - 11
Coates Primary School
(2.32 miles)
Good
Number of pupils: 182
Age Range: 5 - 11
Heritage Park Primary School
(3.32 miles)
Outstanding
Number of pupils: 212
Age Range: 4 - 11
Saint Michael CofE Primary School (Voluntary Aided)
(3.63 miles)
Requires Improvement
Number of pupils: 418
Age Range: 4 - 11
Southfields Primary School
(3.97 miles)
Good
Number of pupils: 604
Age Range: 4 - 11
Oakdale Primary School
(3.99 miles)
Good
Number of pupils: 276
Age Range: 5 - 11
Stanground Academy
(4.2 miles)
Good
Number of pupils: 1334
Age Range: 11 - 19

Property Calculators

Mortgage

Estimated Monthly Mortgage Payment:
£4,604 /mo.25 Years, 5% Interest
Loan
£787,500
Total Repay
£1,381,094

Stamp Duty

You’ll have to pay the stamp duty of:
£31,250
0% up to £250,000
5% between £250,000 and £925,000
Your effective stamp duty rate is 3.57%
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