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See how verdicts work2-bedroom flat · PE7 1AY
For saleListed 1227 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Detailed Description Ideal investment opportunity consists of four apartments (two to front and two the rear) all have tenants in situ, monthly rent collection of £2000.00PCM combined, one of the four apartments is advertised on this listing, this first-floor apartment comprising of two bedrooms, open plan lounge/kitchen and fitted bathroom.
The property benefits from Upvc double glazing and electric radiator heating.
The front two apartment with no allocated parking space, however the rear two apartments have an allocated parking for one space each.
For an idea of the income/rent revenue, please contact of us to discuss further on Communal entrance: Access via intercom system. Landing: Access to the apartment.
Kitchen / lounge: 14'6" x 14'6" (4.42m x 4.42m) , Fitted a range of wall and base units in white, complementary work surface. Stainless steel drainer with mixer taps over.
Single electric oven and four ring ceramic hob, extractor fan over. Additional work surface to side with plumbing and space for washing machine and space for small fridge. Double radiator.
Laminate flooring. Upvc double glazed window to front. Door and one step down to: Inner hallway: Smooth ceiling. Laminate flooring. Double radiator. Built-in two storage cupboards. Smoke detector.
Doors to bedrooms and bathroom. Bedroom one: 11'1" x 11'0" (3.38m x 3.35m) , Smooth ceiling. Telephone point. Double radiator. Upvc double glazed window to side. Laminate flooring.
Bedroom two: 15'1" x 9'8" (4.60m x 2.95m) , Smooth ceiling. Double radiator. Laminate flooring. Upvc double glazed window to rear and side. Television point.
Bathroom: Fitted three piece suite comprising of panelled bath with shower attachment and shower screen over, closed coupled WC. Wash hand basin.
Parking: The apartment has no allocated parking space, parking can be used to the rear of the block at no charge.
Leasehold information: The ground rent is £50 pa until and include the 20th December 2040 thereafter increase to £100.00 pa until and include the 20th December 2065 and £150.00 pa until and include the 20th December 2090 .
Service charge: £850.00 pa subject to Lease confirmation.
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
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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
Agent & docs
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FAQ
About Flats 2-4-7-8, Queen Street, Peterborough
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