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See how verdicts work2-bedroom flat · PE7 1RS
Sold STCListed 49 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
If space, practicality and value are high on your list, this ground-floor flat deserves a quick look.
Offered at £100,000, it has the kind of layout that works well day to day, together with much more storage than you would normally expect at this price.
The living room is a good size, with a wide window bringing in plenty of natural light., there is ample room to create separate sitting and dining areas without the space feeling crowded.
The fitted kitchen has a useful range of wall and base units, generous worktop space, an integrated oven and hob, and room for the everyday appliances.
It is separate from the living room, which will suit buyers who prefer to keep cooking and relaxing areas apart.
There are two bedrooms, giving flexibility for a couple, a guest room, home office or hobby space.
Storage is a particular strength: the flat has three separate storage cupboards of its own, plus a further private storage cupboard in the communal hallway.
The shower room is larger than many you find in flats and has been arranged with accessibility in mind.
It includes a generous shower area, electric shower and grab rails, while the ground-floor position means there are no stairs within the flat.
An intercom entry system provides a convenient way to manage visitors. Outside, residents can use the communal garden, which is mainly shared with the flat above.
There is parking in the residents' car park as well as plenty of on-street parking nearby. This is a practical, well-proportioned home with scope for a new owner to add their own style over time.
At this price, and with two bedrooms, accessible features and so much storage, we expect it to attract plenty of attention. Arrange your viewing early if you do not want to miss it.
Please note: We are currently awaiting confirmation from the leasehold company.
However, we understand that the ground rent is £10 per year (a nominal/peppercorn rent) and the service charge is approximately £350 per year.
Full details of the lease, ground rent and service charges should be verified by the buyer’s solicitor prior to exchange of contracts.
Disclaimer While every effort is made to ensure the information provided is as accurate as possible including property particulars your conveyancer is legally responsible for ensuring any purchase agreement fully protects your position.
Rooms Kitchen: 3.75m x 2.45m (12'4" x 8'0") Lounge Diner: 4.08m x 4.22m (13'5" x 13'10") Storage Cupboards x4 Shower Room: 2.76m x 1.55m (9'1" x 5'1") Bedroom 2: 2.17m x 2.96m (7'1" x 9'9") Main Bedroom: 3.39m x 2.96m (11'1" x 9'9") Car Park Communal Garden ID Verification As with all estate agents, Cannon & Co Sales and Lettings must adhere to ID and Money Laundering Regulations.
To comply with these regulations and prevent fraud and illegal activities, we are required to verify the identity of our clients.
This process involves an electronic ID verification, which incurs a fee of £15 plus VAT per person. This fee will be invoiced.
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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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.
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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 Richardson Way, Whittlesey, Peterborough, Cambridgeshire
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