2-bedroom flat · PE3 6AS
For saleListed 33 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
£200,000 - £220,000 (Guide Price) Situated on Waterfield Close, within a short walk of Peterborough train station and close to local amenities, this well-presented two-bedroom apartment offers over 500 sqft of light and modern living accommodation.
The heart of the apartment is the bright and airy open-plan kitchen and living area, creating a great space for both relaxing and entertaining.
The kitchen offers a range of storage and worktop space, along with integrated appliances including a dishwasher and fridge freezer.
The property boasts two double bedrooms, with the master bedroom benefiting from its own en-suite shower room. The accommodation is completed by a modern three-piece bathroom suite.
Externally, the apartment benefits from two allocated parking spaces.
Property disclaimer Anti-Money Laundering Regulations: We are required by law to conduct anti-money laundering checks on all those selling or buying a property.
Whilst we retain responsibility for ensuring checks and any ongoing monitoring are carried out correctly, the initial checks are carried out on our behalf by Lifetime Legal, who will contact you once you have an offer accepted on a property you wish to buy.
The cost of these checks is £75 (incl VAT), which covers the cost of obtaining relevant data and any manual checks and monitoring which might be required.
This fee will need to be paid by you before we issue a memorandum of sale, directly to Lifetime Legal, and is non-refundable.
We will receive some of the fee taken by Lifetime Legal to compensate for its role in the provision of these checks.
General: We strive for accuracy in our sales details, but they should be viewed as an overview of the information. If you're interested in a specific aspect of the property, please contact our office.
We recommend this, especially if you're considering a long journey to inspect the property. The provided dimensions are intended as a rough guide and may not be exact.
Services: We haven't tested the services, equipment, or appliances in this property.
We strongly recommend that potential buyers obtain their own surveys or service checks before submitting a purchase offer.
The details provided are given in good faith, yet they shouldn't be perceived as factual representations or components of a deal.
Points mentioned in these particulars should be confirmed independently by potential buyers.
No individual associated with Frank Modern possesses the authority to provide guarantees or make statements about this property.
EPC Rating: B Location Waterfield Close is conveniently located 3/4 mile from Peterborough Train Station making it ideal for London commuters.
It is also located close to Peterborough School and the amenities located in the Thorpe Road area.
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 advisors 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.
Area
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FAQ
About 29 Waterfield Close, Peterborough
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