2-bedroom flat · PE4 6JU
Sold STCReduced £10k (−8.3%) on 20 MayListed 412 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
WERRINGTON is a picturesque Conservation village located about 4 miles north of the city centre and forms one of Peterborough's most popular residential neighbourhoods.
Local amenities include shopping facilities, several schools, restaurants and public houses.
Werrington district shopping centre with a Tesco supermarket and health centre is within a few minutes drive.
THIS PURPOSE BUILT TWO BEDROOM FIRST FLOOR FLAT is believed to have been built in the 1970s and has brick elevations with an interlocking tiled roof.
ENERGY PERFORMANCE CERTIFICATE A copy of the full Energy Performance Certificate is available for inspection at our office. COUNCIL TAX Band 'A' payable to Peterborough City Council.
THE ACCOMMODATION is as follows (N.B. All dimensions are approximate) :- GROUND FLOOR Communal Entrance Hall: Security Entry System. Stairs off to first floor.
FIRST FLOOR Communal Landing: L-shaped Entrance Hall: Panelled entrance door with spy hole. Radiator. Built-in cupboard housing “Glow-worm” gas-fired boiler serving central heating and hot water.
Walk-in storage cupboard with electric light and shelves. Trap-door to roof-void. Lounge/Diner: Sealed unit double glazed windows with side and rear garden aspects. Twin radiator. Telephone point.
TV aerial socket. Door to:- Kitchen: Side aspect. Stainless steel sink with drawer and cupboards under. Worktops with drawers and cupboards under. Tall larder unit. Wall-mounted cupboards. Radiator.
Electric cooker point. Bedroom 1: uPVC double glazed window with aspect to communal garden. Bedroom 2: Window with aspect to communal garden. Bathroom: Two walls part-tiled.
Panelled bath with mixer tap and shower attachment. Hand-basin. W.C. Radiator. Extractor fan. GARDENS Communal Gardens with store cupboard and meter cupboard.
VIEWING & DIRECTIONS Viewing is only by prior arrangement through this Agency. Leave Peterborough city centre via Broadway towards Northminster. Turn left onto Northminster.
Take the third left onto New Road. At the roundabout, take the 3rd exit onto Boongate. At the roundabout, take the 1st exit onto the Frank Perkins Parkway/A1139 to Wisbech/A47/Sleaford/A15.
At the roundabout, take the first exit onto Paston Parkway/A15. At Gunthorpe Roundabout, take the second exit and stay on Paston Parkway/A15.
At Werrington Roundabout, take the first exit onto Fulbridge Road. Take the first right onto Skaters Way. Take the fourth left onto Gatenby. Keep left and this property is on the left.
TENURE We are informed by the Vendor that there are currently no service charges or ground rent payable under the lease, which is 125 years from 17th April 1989.
Vacant possession will be given on completion of sale. SERVICES It is understood that all mains services are either connected, or are available for connection to the property.
NOTES None of the appliances or services has been tested and prospective purchasers must satisfy themselves that they are in working order.
The floor plan included in these particulars is intended as an approximate guide only and its accuracy is not guaranteed. The approximate floor area is 660 sq. ft.(61 sq. m).
The Agents for themselves and for the owner of this property hereby give notice that: (1) These particulars do not in any way constitute an offer or a contract; (2) Any intending purchasers/tenants must not rely on the statements made in these particulars as representations of fact, but must satisfy themselves by inspection or otherwise as to their correctness as they are made without acceptance of any responsibility on the part of the Agents or the owner; (3) No representation whatever in relation to this property is made or given by the Agents or the owner, nor has any person in their employment any authority to make or give any such representation or warranty.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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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
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