2-bedroom flat · PE7 8JQ
Listing removedListed 67 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A modern top floor apartment with lake views, located within walking distance of the local amenities.
The apartments benefits from an allocated off-road parking space within secured area, PRIVATE BALCONY overlooking the lakes, UPVC double glazing and GAS CENTRAL HEATING.
ENTRANCE HALL Door from communal landing. Front Entrance door. HALLWAY Storage cupboard. Airing cupboard housing wall mounted gas fired central heating boiler.
OPEN PLAN KITCHEN/LIVING AREA 19' 1'' x 21' 0'' (5.81m x 6.40m) Fitted with a range of wall mounted and base units with work surface over. UPVC window to rear elevation.
UPVC window to front elevation. UPVC French doors to rear elevation leading to balcony. Integrated four-ring gas hob with stainless steel extractor hood over. Integrated electric oven.
Integrated washing machine. Integrated fridge/freezer. Space and plumbing for dishwasher. Tiled surrounds. BEDROOM ONE 8' 11'' x 9' 11'' (2.72m x 3.02m) UPVC window to front elevation.
BEDROOM TWO 8' 11'' x 9' 2'' (2.72m x 2.79m) UPVC window to front elevation.
BATHROOM Fitted with a three-piece suite comprising WC with low level cistern, wash hand basin and panelled bath with thermostatic shower mixer unit over. Tiled flooring. Tiled surrounds.
Chrome heated towel rail. EXTERNAL Leading from the lounge area is a private balcony overlooking the rear of the development looking out towards the lakes.
Externally there is one allocated off-road parking space located in a secured parking area and on-street parking is also available nearby. SECURITY DEPOSIT £1148.00 COUNCIL TAX Band B.
REFERENCING AND HOLDING DEPOSIT Each applicant over the age of 18 years old will be required to be referenced and will be required to provide photographic identification and proof of address/residency.
A holding deposit of one weeks rent will be requested at point of application. Until payment has been received viewings will continue on the property.
Should the tenancy then not proceed due to the decision of ourselves as agent or the Landlord then this will be repaid to you in full.
A decision on this will be made within 15 days of the payment being made and the holding fee returned to you within 7 days of the decision being made not to proceed.
This payment though will not be refunded in the event that you withdraw your application to rent the property, you fail your right to rent checks or you provide false or misleading information on your application form leading to the application failing.
Should the tenancy proceed as planned then this holding charge will be converted in to part payment of the...
AGENTS NOTES These particulars whilst believed to be correct at time of publishing should be used as a guide only.
Any electrical items other than those used for heating, lighting or cooking are provided on the understanding that the Landlord will not be held liable for their repair or replacement should they breakdown unless otherwise agreed.
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
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FAQ
About Four Chimneys Crescent, Peterborough
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