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See how verdicts work2-bedroom flat · PE1 1ES
For saleReduced £9.9k (−7.7%) on 20 MayListed 344 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Located in the heart of Peterborough city centre, this attractive top floor apartment at Viersen Platz offers stylish riverside living within walking distance of the train station, with direct fast links to London Kings Cross.
Featuring a private balcony with river views, modern interiors, and allocated off-street parking, this property is perfectly suited to first-time buyers or investors looking for a contemporary home in a prime, convenient location.
Set within the heart of Peterborough’s vibrant city centre, this stylish top floor apartment at Viersen Platz offers contemporary living with the added benefit of serene river views and the convenience of being just a short stroll from Peterborough train station, providing direct links to London Kings Cross in under an hour.
The property opens into a welcoming entrance hall, leading through to a bright and spacious lounge diner, perfectly designed for modern living and entertaining, with direct access to a private balcony overlooking the river – an ideal spot to relax and unwind.
The separate kitchen is well-appointed with modern fittings and ample workspace, making it both functional and inviting.
There are two comfortable bedrooms, including a generous master bedroom, both offering a peaceful retreat from the bustle of the city, along with a well-presented bathroom featuring a contemporary suite.
The apartment further benefits from an allocated off-street parking space, ensuring convenience for residents.
With its prime location, appealing layout, and picturesque views, this apartment represents an excellent opportunity for first-time buyers or investors seeking a property in a sought-after riverside development close to all amenities and transport links.
Entrance Hall - 2.81 x 0.87 (9'2" x 2'10") - Lounge Diner - 3.61 x 5.43 (11'10" x 17'9") - Balcony - 1.97 x 0.91 (6'5" x 2'11") - Kitchen - 2.80 x 1.67 (9'2" x 5'5") - Master Bedroom - 2.78 x 3.00 (9'1" x 9'10") - Bathroom - 1.94 x 1.65 (6'4" x 5'4") - Bedroom Two - 2.79 x 2.64 (9'1" x 8'7") - Epc - C - 75/78 Tenure - Leasehold - At the time of marketing the vendor has informed us of the current lease terms.
Exact figures will be confirmed by your solicitor upon receipt of the management pack, when a sale has been agreed.
Years Remaining on the lease - 89 years Ground rent £160 per annum Service charge £2085.66 per annum Important Legal Information - Construction: Standard Accessibility / Adaptations: None Building safety: No Known planning considerations: None Flooded in the last 5 years: No Sources of flooding: n/a Flood defences: No Coastal erosion: No On a coalfield: No Impacted by the effect of other mining activity: No Conservation area: No Lease restrictions: Yes Listed building: No Permitted development: No Holiday home rental: No Restrictive covenant: No Business from property NOT allowed: No Property subletting: No Tree preservation order: No Other: No Right of way public: No Right of way private: No Registered easements: No Shared driveway: Yes Third party loft access: No Third party drain access: No Other: No Parking: Communal Car Park Allocated Space Solar Panels: No Water: Mains Electricity: Mains Supply Sewerage: Mains Heating: Electric Room Heaters Internet connection: Cable Internet Speed: up to 1000Mbps Mobile Coverage: EE - Great, O2 - Excellent, Three - Excellent, Vodafone - Excellent Disclaimer: If you are considering purchasing this property as a Buy-to-Let investment, please be advised that certain areas may be subject to Selective Licensing schemes.
Prospective purchasers are strongly advised to carry out their own due diligence to ensure compliance with any applicable licensing requirements, including any associated fees or obligations.
All information is provided without warranty. The information contained is intended to help you decide whether the property is suitable for you.
You should verify any answers which are important to you with your property lawyer or surveyor or ask for quotes from the appropriate trade experts: builder, plumber, electrician, damp, and timber expert.
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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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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