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See how verdicts work2-bedroom house · PE1 4YS
For saleListed 1353 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
CATHEDRAL GREEN COURT is a prestigious purpose-built complex of retirement living flats for ages 55 and over with 24 hour support which provides excellent social facilities, located close to the city centre.
THIS GROUND FLOOR TWO BEDROOM FLAT is believed to have been built in the 1990s and has brick elevations with an interlocking tiled roof.
The complex has a spacious communal lounge, guest suite and communal gardens. There are various activities organized for residents who wish to participate.
ENERGY PERFORMANCE CERTIFICATE A copy of the full Energy Performance Certificate is available for inspection at our office. COUNCIL TAX Band 'C' payable to Peterborough City Council.
THE ACCOMMODATION is as follows (N.B.
All dimensions are approximate) :- GROUND FLOOR Communal Entrance: THE FLAT L-shaped Entrance Hall: 10' 11” x 6' 8” (3.33m x2.03m) narrowing to 4' 7” (1.40m), excluding built-in storage cupboard.
Entrance door with spyhole. Coved ceiling. Fitted carpet. Radiator. Open-plan Lounge/Kitchen: Lounge Area: 16' 7” x 9' 10” (5.06m x 3.0m). uPVC double glazed full-length window with front aspect.
Coved ceiling. Fitted carpet. Electric “coal-effect” fire with timber surround. Radiator. TV point. Telephone point. uPVC double glazed door leading to patio area.
Kitchen Area: 9' 10” x 6' 1” (3.0m x 1.85m). Coved ceiling. Walls part tiled. Vinyl flooring. Worktops with inset 1¼ bowl stainless-steel sink and with drawers and cupboards under.
Wall-mounted cupboards. Eye level “Zanussi” oven. “Hotpoint” four-ring ceramic hob with “Creda” three-speed filter/light over.
“Glow-Worm Ultracom 30cxi” gas-fired combination boiler serving central heating and hot water. Bedroom 1: 16' 7” x 9' 2” (5.06m x 2.79m), including built-in wardrobe.
Double glazed window with front aspect. Fitted carpet. Radiator. TV point. Telephone point. Bedroom 2: 11' 10” x 6' 9” (3.61m x 2.06m). Double glazed window with front aspect. Coved Ceiling.
Fitted carpet. Radiator. Telephone point. Shower/Wet Room: 9' (2.74m) x 6' 2” (1.88m) max. Walls part tiled. Walk-in shower with glazed screen. Pedestal hand-basin. Close-coupled W.C.
Chrome ladder-style towel rail/radiator. Extractor fan. GARDENS Communal Gardens VIEWING & DIRECTIONS Viewing is only by prior arrangement through this Agency.
Leave Peterborough city centre via Broadway, turn right at the traffic lights into Crawthorne Road and the complex is on the left.
TENURE We are informed by the Vendor that the property is held on a 125 year lease from the 1st April 2000.
The vendor also informs us that for the year ending March 2023 the service charge, including ground rent, maintenance and cleaning of common areas is £792.35 per month.
Vacant possession will be given on completion of sale. SERVICES It is understood that all mains services are either connected, or are available for connection to the property.
NOTES None of the appliances or services have been tested and prospective purchasers must satisfy themselves that they are in working order.
The floor plan included in these particulars is intended as an approximate guide only and its accuracy is not guaranteed.
The Agents for themselves and for the owner of this property hereby give notice that: (1) These particulars do not in any way constitute an offer or a contract; (2) Any intending purchasers/tenants must not rely on the statements made in these particulars as representations of fact, but must satisfy themselves by inspection or otherwise as to their correctness as they are made without acceptance of any responsibility on the part of the Agents or the owner; (3) No representation whatever in relation to this property is made or given by the Agents or the owner, nor has any person in their employment any authority to make or give any such representation or warranty.
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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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
Agent & docs
FAQ
About Cathedral Green Court: City Centre
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