2-bedroom flat · PE1 5HY
For saleListed 84 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
** GUIDE PRICE £100,000-£120,000 ** Located in the heart of Peterborough, Star Mews is a well-presented first-floor apartment offered with no forward chain, making it an ideal opportunity for first-time buyers or savvy investors.
This spacious property boasts two double bedrooms, providing comfortable living just a short walk from Peterborough University and the train station.
With on-street parking, access to a garden, and easy links to Frank Perkins Parkway, convenience is at the forefront.
Set within a vibrant city centre location, this home offers a perfect blend of accessibility and lifestyle.
Set within the desirable Star Mews development in Peterborough, this well-designed first-floor apartment offers a practical and comfortable layout, perfect for first-time buyers, investors, or those seeking a conveniently located home.
The property opens into a welcoming entrance hall, leading into a spacious lounge ideal for relaxing or entertaining, with plenty of natural light enhancing the living space.
The separate kitchen is thoughtfully arranged with ample cabinetry and workspace, positioned adjacent to the lounge for ease of access.
Two generously sized double bedrooms provide flexible accommodation, with the master bedroom offering a bright and quiet retreat, while the second bedroom is well-suited for guests, a home office, or sharers.
A modern bathroom is located just off the hallway, featuring a clean, functional layout.
The apartment also benefits from access to a shared garden area, creating a pleasant outdoor space rarely available with city centre living.
Ideally located within walking distance of Peterborough University and the mainline train station, the property offers excellent commuter links and urban convenience.
On-street parking and easy access to the Frank Perkins Parkway further enhance its appeal, and with no forward chain, this property represents a rare and ready-to-move-into opportunity in the heart of Peterborough.
Entrance Hall - 3.14 x 0.90 (10'3" x 2'11") - Lounge - 3.53 x 4.28 (11'6" x 14'0") - Kitchen - 2.24 x 2.97 (7'4" x 9'8") - Master Bedroom - 2.62 x 4.29 (8'7" x 14'0") - Bathroom - 2.27 x 1.57 (7'5" x 5'1") - Bedroom Two - 3.17 x 2.32 (10'4" x 7'7") - Epc - D - 65/77 Tenure - Leasehold - At the time of marketing the vendor has informed us of the current lease terms.
Exact figures will be confirmed by your solicitor upon receipt of the management pack, when a sale has been agreed.
Years Remaining on the lease - 84 years Ground rent £35 per annum Service charge £319.20 per annum Important Legal Information - Construction: Standard Accessibility / Adaptations: None Building safety: No Known planning considerations: None Flooded in the last 5 years: No Sources of flooding: n/a Flood defences: No Coastal erosion: No On a coalfield: No Impacted by the effect of other mining activity: No Conservation area: No Lease restrictions: No Listed building: No Permitted development: No Holiday home rental: No Restrictive covenant: No Business from property NOT allowed: No Property subletting: No Tree preservation order: No Other: No Right of way public: No Right of way private: No Registered easements: No Shared driveway: No Third party loft access: No Third party drain access: No Other: No Parking: On Street Parking Solar Panels: No Water: Mains Electricity: Mains Supply Sewerage: Mains Heating: Gas Mains Internet connection: TBC Internet Speed: up to 1000Mbps Mobile Coverage: EE - Great, O2 - Great, Three - Great, Vodafone - Great Disclaimer: If you are considering purchasing this property as a Buy-to-Let investment, please be advised that certain areas may be subject to Selective Licensing schemes.
Prospective purchasers are strongly advised to carry out their own due diligence to ensure compliance with any applicable licensing requirements, including any associated fees or obligations.
All information is provided without warranty. The information contained is intended to help you decide whether the property is suitable for you.
You should verify any answers which are important to you with your property lawyer or surveyor or ask for quotes from the appropriate trade experts: builder, plumber, electrician, damp, and timber expert.
Draft Details Awaiting Vendor Approval -
Value & comps
No previous sales on record.
Returns
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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.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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.
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