2-bedroom flat · PE2 8TY
To rentListed 1 day
Opportunity summary
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About
WELCOME TO THE MILL YARD – BRAND NEW RIVERSIDE LIVING AT FLETTON QUAYS!
Symonds & Greenaway are delighted to introduce The Mill Yard, an exciting collection of 80 brand-new apartments situated within the prestigious Fletton Quays development in Peterborough.
Set on the south bank of the River Nene, The Mill Yard combines contemporary riverside living with the character and heritage of one of Peterborough’s most historic locations.
At the heart of the development sits The Mill, an original building dating back to 1848 which has been sensitively restored and converted, alongside three newly built apartment buildings – Engine House, River House and Cathedral House.
Together, the four buildings create a distinctive new residential community comprising a selection of beautifully designed one, two and three-bedroom apartments.
Designed with modern living in mind, The Mill Yard offers stylish contemporary accommodation within an impressive riverside setting.
Most apartments benefit from their own private balcony or terrace, with selected homes enjoying views across the River Nene and surrounding Fletton Quays development.
Residents also benefit from passenger lifts serving every floor, fibre broadband connectivity, secure audio entry systems, site-wide CCTV, parking, EV charging provision and dedicated secure cycle storage.
The location is one of The Mill Yard’s biggest attractions.
Positioned within Fletton Quays, residents are within walking distance of Peterborough city centre, Peterborough Cathedral, Queensgate Shopping Centre and the city’s restaurants, bars and leisure facilities.
Peterborough Railway Station is also within easy reach, providing excellent mainline connections including direct services to London King’s Cross in approximately 45–50 minutes, making The Mill Yard an ideal location for commuters as well as those working locally.
The riverside setting is set to be further enhanced by a new pedestrian bridge connecting Fletton Quays directly with the Embankment, creating even better pedestrian access between the development and the city.
With its combination of heritage architecture, brand-new homes, riverside surroundings and excellent city-centre connectivity, The Mill Yard represents an exciting new standard of rental accommodation in Peterborough.
THE MILL YARD – HERITAGE. RIVERSIDE. REIMAGINED. Early viewing is highly recommended. Contact Symonds & Greenaway Estate Agents today for further information or to arrange your viewing.
*Holding Deposit = £330.00 * EPC & Council Tax TBC.
PROPERTY DETAILS: - THE MILL YARD DEVELOPMENT - BRAND NEW HOME - PRIVATE BALCONY - GROUND FLOOR - TWO BATHROOMS - ZERO DEPOSIT SCHEME AVAILABLE (SUBJECT TO T&C'S) - PARKING AND EV CHARGING POINTS - SECURE CYCLE STORAGE - RIVERSIDE SETTING - WIFI ELECTRIC RADIATORS - UNFURNISHED - DIRECT LINKS TO LONDON - AVAILABLE FROM DECEMBER - £1450.00 RENT (PCM) - £1550.00 TENANCY DEPOSIT Permitted payments For properties in England, the Tenant Fees Act 2019 means that in addition to rent, lettings agents can only charge tenants (or anyone acting on the tenants behalf) the following permitted payments: Holding deposits (a maximum of 1 weeks rent); Deposits (a maximum deposit of 5 weeks rent for annual rent below £50,000, or 6 weeks rent for annual rental of £50,000 and above); Payments to change a tenancy agreement eg.
Change of sharer (capped at £50 or, if higher, any reasonable costs); Payments associated with early termination of a tenancy (capped at the landlords loss or the agents reasonably incurred costs); this will be done a pro rate basis.
Utilities, communication services (eg.
Telephone, broadband), TV licence and council tax; Reasonable costs for replacement of lost keys or other security devices; Contractual damages in the event of the tenants default of a tenancy agreement; and Any other permitted payments under the Tenant Fees Act 2019.
Tenant protection In addition to publishing relevant fees, lettings agents are also required to publish details of: The Redress Scheme – MN: PRS042633. The Property Ombudsman – RN: EO2874.
Client Money Protection Scheme – AN: A8201. This office is a member of ICO. We protect our deposits with The Deposit Protection Scheme.
Some images may have been digitally enhanced or virtually staged for marketing purposes. Interested parties are strongly advised to view the property in person before making any offer or commitment
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 103 River House, Fletton Quays, Peterborough, PE2
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