1-bedroom flat · PE4 5BD
Sold STCListed 113 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
***CASH BUYERS ONLY!*** This first floor ONE BEDROOM apartment is being sold with NO ONWARD CHAIN, situated within a popular cul-de-sac position in Werrington, making an ideal first-time home or investment opportunity.
The accommodation is accessed via its own separate entrance from the ground floor, with stairs rising to the first floor lounge diner, hosting access onto the kitchen, whilst an inner hall connects the lounge diner to the double bedroom, which benefits from useful built-in storage, as well as the three-piece family bathroom.
Outside there is both garden and allocated parking, with the apartment being situated within close proximity to bus routes and amenities, such as the Werrington Centre.
EPC Rating: D Lounge / Diner 2.71m x 4.57m Kitchen 1.71m x 3.38m Bedroom 3.58m x 2.55m Bathroom 1.71m x 2.04m Leasehold There are two lease elements with this property, these being a lease relating to the land the property is built on (CB407778) and the lease of the property itself (CB55410).
Lease CB407778 – lease to the grounds (underlease): Date: 7th October 2015 Term: 99 years from and including 7th October 2015 Lease CB55410 – lease of the property: Date: 25th November 1983 Term: 120 years from 29th September 1983 We have been advised of an annual service charge payable of £33, in addition to ground rent payable half-yearly of £37.70.
Note to Buyers Intending purchasers will be asked to complete our anti-money laundering and compliance checks, as well as provide evidence of funds in order to proceed with a successful offer.
We would ask for your co-operation in order that there will be no delays with the agreed purchase.
Newton Fallowell and our partners provide a range of services to buyers, although you are free to use alternative providers.
We can refer you on to Mortgage Advice Bureau for help with finance – we may receive a fee of £200 if you take out a mortgage through them.
We can also refer you to our recommended solicitors, who we may receive a fee in the region of £300 from if you use their services.
Parking - Off street Disclaimer These particulars are provided in good faith but do not constitute representations of fact or form part of any contract.
All information should be independently verified by prospective buyers or tenants.
Neither Newton Fallowell nor its employees or agents has authority to make or give any warranty in relation to the property. Measurements are approximate.
We have not tested any services, systems or appliances. Buyers are advised to obtain their own surveys and inspections.
We may refer you to third-party services, including financial and legal providers, from which we may receive a fee.
Anti-money laundering checks are required and are carried out by Lifetime Legal at a cost of £62 (inc. VAT), payable before a sale can proceed and non-refundable. We may receive a share of this fee.
Value & comps
No previous sales on record.
Returns
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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 advisers before making any investment decisions.
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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 Somerville, Werrington, Peterborough, PE4
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