Studio flat · PE1 2TD
To rentListed 55 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Symonds & Greenaway are delighted to offer FOR RENT this well presented Studio on Park Road, Peterborough, PE1.
This BRAND NEW STUDIO is AVAILABLE END OF OCTOBER and offers convenient CITY CENTRE LIVING for it's residents.
The property is finished to a high standard and is an ideal studio for couples who commute to London or require access to major transport routes.
The Studio benefits from being fully furnished with its own Kitchenette. There is a laundry room available for tenants and a communal garden.
The Studio also features: FOUR HOUR HEATING SYSTEM, MICROWAVE GRILL, WARDROBE, TABLE & CHAIRS, TV, AIRFRESHENER SYSTEM, FRIDGE/FREEZER, WIFI, HOB and COMMUNAL LOUNGE.
The property is located in Peterborough's City Centre and is just minutes away from; QUEENSGATE SHOPPING CENTRE, TRAIN STATION, FOOD OUTLETS, NIGHTLIFE and OTHER POPULAR AMENITIES.
For anyone looking for CITY CENTRE LIVING, this really does offer it all...!! Viewings are HIGHLY ADVISED. To find out more, please contact our Lettings team.
HOLDING DEPOSIT £165.00 PROPERTY DETAILS: - STUDIO TO RENT - CITY CENTRE LOCATION - COUPLES WELCOME - COMMUNAL GARDEN - AIRFRESHENER SYSTEM - WIFI - ALL BILLS INCLUDED (EXCLUDING COUNCIL TAX) - LIVE VIDEO TOURS AVAILABLE - £735.00 RENT (PCM) - £848.00 INITIAL DEPOSIT - CALL TO FIND OUT MORE 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
We're still gathering serviced-accommodation data for this area.
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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 Studio 16, Park Road, Peterborough, PE1
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