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See how verdicts work2-bedroom flat · PE2 8DS
For saleListed 3 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Tenure: Leasehold Step inside this recently redecorated two bedroom first-floor flat, offering approximately 538 sq ft of well-planned living space that’s perfect for first-time buyers, investors or anyone looking for a low-maintenance home (with no forward chain, you could be moving in sooner than you think).
The fresh new carpets and modern interior mean there’s nothing to do except unpack and start enjoying your new space.
Both bedrooms are well-proportioned, giving you plenty of flexibility whether you need a peaceful main bedroom, a guest room or a comfortable spot to work from home.
The lounge/dining room is a great size, with lots of natural light making it a bright and inviting place to relax or entertain friends.
Electric heating throughout ensures warmth and comfort, with the added bonus of being able to control room temperatures individually, so everyone can set their own perfect climate.
The bathroom is generous, featuring a shower over the bath, wash hand basin and WC, making daily routines easy and comfortable.
If you’re thinking about investing, the estimated rental value of £950-£975 per month offers a strong potential yield, while the secure gated allocated parking (plus visitor spaces) means parking is never a worry.
The location is super convenient, with local shops on Fletton High Street just a short stroll away and Peterborough Railway Station and the city centre about a mile from your door, making it ideal for commuters or anyone who loves having amenities close at hand.
The flat is leasehold, with 78 years remaining, a service charge of £1,440 per annum and ground rent of £250 per annum, giving you clear information to plan your purchase.
This is a fantastic opportunity to secure a move-in-ready home in a great spot, whether you’re stepping onto the property ladder, adding to your portfolio or simply looking for an easy, comfortable place to call your own.
EPC Rating: C Hallway (4.08m x 1.06m) Bedroom One With Wardrobe Recess (3.20m x 2.61m) Bedroom Two (3.24m x 2.27m) Bathroom (2.44m x 1.95m) Lounge/Diner (4.41m x 3.31m) Kitchen (3.06m x 1.95m) Communal Garden Communal green area across the road from the flat.
Parking - Secure Gated Secure gated allocated parking space within the residents' car park to the rear of the block, complemented by additional visitor parking spaces, providing convenient and secure parking for both residents and guests.
Disclaimer These particulars are provided as a guide only and do not form part of any contract.
Whilst every effort has been made to ensure accuracy, purchasers or tenants should satisfy themselves as to all matters by inspection, survey and independent professional advice.
Measurements, floor plans, photographs and descriptions are for illustrative purposes only and may not be to scale.
Services, appliances and fittings have not been tested and no warranty is given as to their condition.
Some photographs, floor plans and marketing materials may have been digitally enhanced or edited using artificial intelligence (ai) or other technology for marketing purposes.
Such images should be regarded as illustrative and may not represent the property's exact current condition.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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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FAQ
About 137 Fellowes Road, Peterborough
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