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    King Street, Peterborough, Peterborough, PE1 1LT

    £1,800,000

    777
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    Property Calculators

    Mortgage

    Estimated Monthly Mortgage Payment:
    £8,551 /mo.25 Years, 4% Interest
    Loan
    £1,620,000
    Total Repay
    £2,565,287

    Stamp Duty

    You’ll have to pay the stamp duty of:
    £129,750
    0% up to £125,000
    2% from £125,000 to £250,000
    5% from £250,000 to £925,000
    10% from £925,000 to £1,500,000
    12% from £1,500,000 to £1,800,000
    Your effective stamp duty rate is 7.21%
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    King Street, Peterborough, Peterborough, PE1 1LT

    £1,800,000

    7 Bedrooms7 Bathrooms7 Receptions

    Key Information

    Tenure:Not available
    Council tax band:D
    Broadband:up to 1000Mbps
    Mobile signal:*Based on indoor data coverage
    EEO2ThreeVodafone

    Key Features

    Fantastic Investment
    City Centre Location
    Finished To A High Standard
    Commercial Shop & 7 Brand New One Bedroom Apartments
    £123,200 Per Annum Income

    Description

    * 7 x One Bedroom Apartments * Annual Income £123,200 per annum * Fully Refurbished in 2022 * 5 Minutes from Peterborough Train Station *

    Kingsgate is set over three floors: Ground level is currently leased to William H Brown, the first floor has 4 × 1 bedroom apartments and the top floor has 3 × 1 bedroom apartments. Combined Income of £123,200 per annum.

    All seven apartments are spacious with modern fixtures and fittings throughout along with air conditioning units, and video monitoring access systems.

    Location:
    Kingsgate is a vibrant and bustling area in Peterborough city centre, with plenty of shops, restaurants, bars and entertainment venues all nearby. The train station is just a short walk away, providing easy access to destinations across the region. For those looking for some green space, Central Park is just a few minutes away and provides some tranquil surroundings for those moments of relaxation.

    This is an exciting and rare opportunity to purchase an office building with seven brand new one bedroom apartments in the heart of Peterborough city centre. Don’t miss out – call us today to arrange a viewing.

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