2-bedroom flat · PE2 8TY
To rentListed 20 days
Opportunity summary
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About
** Zero Deposit Guarantee Available ** Sharman Quinney are pleased to offer to the Rental Market this luxury purpose built two bedroom penthouse located at The Mill Yard, Fletton Quays set on the south bank of the River Nene!
London Kings Cross – Approx 45 mins with direct trainline Outside boasts river views, parking and EV Charging, secure cycle stores as well as thoughtfully crafted and well maintained communal grounds!
Secure By Design - Site-wide CCTV, audio entry systems and secure private entrances.
Upon entrance you will be greeted with an extensive modern beautifully crafted space designed for living and dining boasting a BRAND NEW HIGH SPEC modern fitted kitchen with integrated appliances and an abundance of versatile space.
Floor to ceiling windows allowing substantial natural light and boasting striking views out over the River Neve and surrounding!
Access form the living area out onto the balcony also overlooking the south bank of River Nene! Master bedroom finished in neutral décor, fitted carpets and window blinds!
Large windows allowing an abundance of natural light and views out.
Ensuite shower room to Master boasting a modern fitted three piece suite including large format shower, chrome mixer taps and fitted large wall mirror.
Second double bedroom matching the same specification and fittings, Modern fitted bathroom boasting a three piece suit with shower over boasting chrome mixer taps and heated towel radiator, wood effect luxury vinyl tiled flooring and a fitted large mirror.
Available for viewings commencing 1st November 2026 and Occupation 1st December 2026! * Contact the office today to register your interest!
About The Mill Yard Set on the south bank of the River Nene, The Mill Yard brings 80 brand new apartments to one of Peterborough's most exciting riverside regeneration areas.
At its heart sits the historic mill building itself — built in 1848 and now sensitively converted into homes and ground floor commercial space — alongside three newly built blocks: Engine House, River House and Cathedral House.
It's a development built on the working history of the site — the mill, the river, the wharf — reimagined as a place people are genuinely proud to call home.
A mix of 1, 2 and 3 bedroom apartments, most with private balconies, now released to the market, with move-ins from December 2026. Council Tax Band: Holding Deposit: £426.00
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
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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
About 603 Cathederal House, Fletton Quays
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