2-bedroom flat · PE3 6DS
For saleListed 10 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This well-presented two-bedroom flat is offered for sale with no forward chain, making it a fantastic option for buyers looking for a smooth and straightforward purchase.
Situated on the second floor, the apartment offers approximately 527 sq ft of thoughtfully arranged living space.
The spacious lounge and dining area is a real highlight, featuring a Juliet balcony with open front-facing views that flood the room with natural light.
The main double bedroom also benefits from a Juliet balcony and fitted double wardrobes, while the second bedroom includes fitted wardrobes as well, so storage will never be an issue.
The bathroom is fitted with a three-piece suite, including a panelled bath with shower over, wash hand basin and WC, providing everything you need for comfortable, everyday living.
The property is heated throughout by an electric storage heating system, ensuring a cosy environment year-round.
With a location just a 10-15 minute walk from Peterborough Railway Station and the city centre, and with regular bus routes nearby, you will have excellent access to both local amenities and commuter links.
Local shops, a doctors' surgery and everyday essentials are just a short stroll away, adding to the convenience.
The flat is held on a 999-year lease from 25 December 1994, so there are approximately 967 years remaining. Service charge and ground rent are currently set at £300 per quarter (£1,200 per annum).
Outside, the property offers allocated parking at the front, making coming home hassle-free.
There are also visitor parking bays available, so guests will have no trouble finding a space when they come to visit.
The communal grounds are well-maintained, providing a pleasant setting and adding to the overall appeal of the development.
This is a great opportunity for first-time buyers, investors or anyone seeking a low-maintenance home in a convenient location.
Whether you are commuting, working from home or simply looking for a well-connected spot close to the heart of Peterborough, this flat ticks all the boxes.
Arrange your viewing today to see what this lovely apartment and its surroundings have to offer.
EPC Rating: D Hallway (4.58m x 1.00m) Lounge/Dining Room With Juliette Balcony (4.94m x 3.51m) Bathroom (2.03m x 1.79m) Bedroom Two With Fitted Wardrobes (2.68m x 1.73m) Bedroom One With Juliette Balcony & Wardrobes (3.81m x 2.62m) Kitchen (3.73m x 2.05m) Parking - Allocated Parking There is allocated parking at the front of the property along with visitor parking bays.
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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About 19 Sovereign Place, Peterborough
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