Stanwick Court

INVESTMENT SUMMARY

16 Stanwick Court is a well-presented two-bedroom apartment in the heart of Peterborough city centre, moments from the mainline railway station. It’s offered for sale with an established sitting tenant in place, no void period, no letting-up costs, income from day one.

The tenant has been in the property since May 2019, with an excellent payment history and no arrears, currently paying £810 per calendar month.

KEY DETAILS

• Property Type: Two-bedroom apartment
• Guide Price: £132,000
• Current Rent: £810 pcm (£9,720 p.a.)
• Tenancy: In situ since May 2019 – no arrears
• Tenure: Leasehold – 215 years from 1 January 1985 (c. 174 years remaining)
• Ground Rent: Peppercorn (nil/nominal)
• Service Charge: £128 pcm (£1,536 p.a.)

YIELD & RETURN ANALYSIS

• Annual Rental Income: £9,720
• Gross Rental Yield: 7.4%
• Less Annual Service Charge: £1,536
• Less Ground Rent: £0 (peppercorn)
• Net Annual Income: £8,184
• Net Yield: 6.2%

LOCATION & CONNECTIVITY

• Peterborough railway station – approx. 5 minutes’ walk
• Direct trains to London King’s Cross from 47 minutes, frequent departures
• Direct services to Cambridge, Leeds and the East Coast Main Line
• West Town Primary Academy (rated Good) – approx. 0.3 miles
• The King’s (The Cathedral) School – top 3% of secondary schools nationally
• Peterborough City Hospital – approx. 1.5 miles
• Queensgate Shopping Centre, Peterborough Cathedral and Nene Park all within walking distance

WHY INVEST IN PETERBOROUGH

• Sub-50-minute rail access to Central London – a cheaper alternative to closer commuter towns
• One of the UK’s fastest-growing cities for population and housing
• Entry price well below Peterborough’s average sold price, with room for capital growth
• Ongoing regeneration around the station and riverside
• Diverse, expanding local employment base plus strong London commuter demand
• Proven tenant demand, evidenced by the long-standing tenancy already in place

WHY THIS INVESTMENT

• Income from day one, with a proven, reliable tenant
• Gross yield of 7.4%, well ahead of typical UK buy-to-let averages
• Long lease with peppercorn ground rent – easy to mortgage and resell
• Low entry price broadens the buyer pool for a future exit
• Prime walk-to-station location with strong transport-led growth fundamentals