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See how verdicts work2-bedroom flat · PE2 8QT
For saleListed 4 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A turn-key city centre investmentThis first-floor flat at Farnsworth Court has been recently redecorated throughout and is already producing income, let at £775 per calendar month - an amazing 9.30% gross yield against the £99,950 guide price.The accommodation extends to approximately 52.1 sq m (560.9 sq ft) and comprises an entrance hall with storage cupboard, a generous 20'3" lounge/dining room with laminate flooring, a fitted kitchen with plumbing for a washing machine and space for a cooker, two bedrooms and a three-piece family bathroom with shower over the bath.
Windows are uPVC double glazed throughout, with wall-mounted electric heating.Outside, an allocated parking space is included.
The position is hard to beat for tenant demand: A city centre location within walking distance of Peterborough train station and close to everyday amenities.
Offered with no onward chain and a long lease of 162 years remaining, this is a straightforward, low-maintenance addition to any portfolio.Walkable to the stationFarnsworth Court sits in a city centre location on Fleet Way, within walking distance of Peterborough train station and close to everyday amenities - the kind of address that keeps void periods short.
I M P O R T A N T I N F O R M A T I O NThese particulars, whilst believed to be accurate, are set out as a general outline only for guidance and do not constitute any part of an offer or contract.Intending purchasers should not rely on them as statements or representations of fact, but must satisfy themselves by inspection or otherwise as to their accuracy.
No person in this firm's employment has the authority to make or give any representation or warranty in respect of the and appliances (including central heating if fitted) have not been tested, and purchasers are advised to satisfy themselves as to their working order and condition.
If a property is unoccupied at any time there may be reconnection charges for any switched off, disconnected or drained services or appliances.
All measurements are approximate.The marketing material may not tell you everything you need to know about the property, so you are required to complete your own due diligence before viewing the property and/or making an offer.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
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FAQ
About Fleet Way, Peterborough
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