We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work1-bedroom flat · PE1 3BB
Listing removedReduced £5k (−6.3%) on 20 MayListed 420 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Discover a well-positioned one-bedroom flat situated on St. Martins Street in Peterborough.
Its appealing location, near key amenities, bustling retail centres, and excellent transportation connections as well as the well-designed living space, efficient kitchen, and comfortable bedroom make it an enticing prospect for savvy investors seeking steady rental income.
These details are prepared as a general guide only, and should not be relied upon as a basis to enter into a legal contract, or to commit expenditure.
An interested party should consult their own surveyor, solicitor or other professionals before committing themselves to any expenditure or other legal commitments.
If you are thinking of purchasing this property as a buy-to-let, we have a variety of property management schemes available, ranging from the traditional to our highly popular Guaranteed Rental Income Scheme which offers hassle free property management whilst guaranteeing the rent even if the property is vacant!
EPC rating: C. Tenure: Leasehold, Length of lease (remaining): 86 years 4 months, Entrance Ground floor entrance into hallway with stairs to first floor landing. Doors to flats left and right.
Parking Secure parking accessed via security key to ample communal parking spaces. Garage en bloc. Kitchen 2.67m x 2.24m (8'9" x 7'4") PVCu double glazed window to rear. Breakfast bar.
Range of eye & base level units with worktops over. Plumbing for washing machine. Space for under counter fridge and freezer. Stainless steel sink unit. Tiled splash backs.
Lounge 3.82m x 2.75m (12'6" x 9'0") Open plan to kitchen. PVCu double glazed window to rear. Storage heater.
Door to: Bedroom 3.25m x 3m (10'8" x 9'10") PVCu double glazed window to front. Storage heater. Fitted wardrobes.
Shower room 2.53m x 1.3m (8'4" x 4'3") PVCu double glazed window to front. Modern shower enclosure. Pedestal hand wash basin. Airing cupboard housing hot water tank. WC.
Lease details Ground rent - £25 pa Service charge - £1101.33 pa Years left on lease - 90
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.
Area
Agent & docs
FAQ
About St Martins Street, Central, Peterborough, PE1
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