2-bedroom flat · PE1 5AX
No longer listedReduced £50 (−5%) on 24 SepListed 53 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*** MODERN 1st FLOOR APARTMENT *** Belvoir are pleased to bring to the market this 2 bedroom first floor apartment near the city centre.
The apartment offers, entrance hall, 2 double bedrooms, open plan lounge/diner/kitchen, bathroom & en-suite off master bedroom & balcony. Externally there is secure parking for 1 vehicle.
uPVC double glazing & gas central heating. AVAILABLE NOW!!! EPC rating: B. Entrance Hall Hardwood door, secure entry phone system, radiator, storage cupboard & boiler cupboard, fitted carpet.
Open Plan Lounge/Diner/Kitchen uPVC windows, eye & base level units with complimentary worktop & tiled splash back, integrated fridge/freezer, dishwasher and washing machine, electric oven with gas hob & extractor fan over, TV point, radiator, vinyl flooring & fitted carpet.
Master Bedroom uPVC sliding patio door leading onto balcony, fitted double wardrobe, radiator, fitted carpet.
En-suite Three piece bathroom suite comprising of low level WC, wash hand basin & shower cubical, part tiled walls, radiator, vinyl flooring.
Bedroom 2 uPVC sliding door leading onto balcony, radiator, fitted carpet.
Bathroom Three piece bathroom suite comprising of low level WC, wash hand basin & panelled bath with handheld shower, radiator, vinyl flooring.
External Secure parking for 1 vehicle & communal gardens. Disclaimer Every care has been taken with the preparation of these Particulars but complete accuracy cannot be guaranteed.
If there is any point, which is of particular importance to you, please obtain professional confirmation. All measurements quoted are approximate.
These Particulars do not constitute a contract or part of a contract
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
Agent & docs

FAQ
About Hammonds Drive, Peterborough, PE1
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