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See how verdicts work1-bedroom flat · PE1 2QR
Listing removedListed 232 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
** Offering NO UPWARD CHAIN is this first floor flat, presenting an excellent opportunity for both first-time buyers and investors alike.
Offered with vacant possession upon completion with the property briefly comprises, open plan living space, double bedroom and a three piece bathroom.
Outside to the rear of the building there is an allocated parking space. ** Offering no upward chain and an ideal first time buy or, an investment opportunity is this, first floor one bedroom flat.
Centrally located within Peterborough with close proximity of the City Centre and within walking distance of the Train Station, the property is also conveniently located near to local amenities including the Town Park, in brief, the property comprises.
The main front door leads into a communal hallway with stairs leading to the first floor and door to the apartment.
From here, enter into the hallway entrance, with a built-in airing cupboard and further storage cupboard.
An open plan living/kitchen space offers a comfortable living area with window to the front, housing range of wall and floor level fitted units, space is available for washing machine and a cooker.
To the rear of the hallway, you’ll find a double bedroom with window to the rear aspect and a three piece bathroom suite.
Outside, to the rear of the apartment building there is an allocated parking space.
Tenure: Leasehold 88 years remaining Ground Rent: £67 pa Service Charge: £1300 pa Entrance Hall: - Open Plan Living: - 5.64m max x 3.44m max (18'6" max x 11'3" max) - Bedroom: - 4.13m x 2.45m (13'6" x 8'0") - Bathroom: - 2.47m x 1.53m (8'1" x 5'0") -
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
FAQ
About Princes Street, Peterborough
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