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See how verdicts work2-bedroom flat · PE2 8WR
Listing removedReduced £10k (−6.5%) on 21 JunListed 329 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Tenure: Leasehold This modern and well-presented two-bedroom ground-floor flat is offered with no forward chain, providing an excellent opportunity for a smooth and swift purchase.
The property benefits from a long lease of 998 years (from 2019), with a ground rent of £125 per year and a service charge of £111.87 per month.
Designed for comfortable single-level living, the flat features a spacious open-plan living, dining, and kitchen area, complete with a fully integrated kitchen and two sets of French doors that flood the space with natural light.
The internal floor area measures approximately 603 square feet, ensuring well-planned and practical accommodation.
Bedroom One is complemented by an en-suite shower room, while the main bathroom serves both residents and guests. Modern comforts include gas central heating and uPVC double glazing throughout.
The property is ideally located within a short walk of local shops, bus stops, and amenities, while the train station and city centre are just 4.3 miles away, offering excellent transport links for commuters and those seeking easy access to urban facilities.
Two allocated parking spaces add further convenience for residents and visitors alike.
Externally, the property enjoys a pleasant communal lawn area to the front, providing an attractive outlook and a welcoming approach to the building.
The two allocated parking spaces are situated in the rear car park, ensuring secure and accessible parking at all times.
The communal grounds are well maintained, offering a tidy and appealing environment for all residents.
The flat’s ground-floor position allows for easy movement to and from the communal areas, making it particularly suitable for those seeking step-free access.
This property combines modern living with practical features and a convenient location, making it an ideal choice for first-time buyers, downsizers, or investors alike.
Early viewing is highly recommended to appreciate the space and lifestyle on offer.
EPC Rating: B Entrance Hallway (3.02m x 1.21m) Bathroom (2.25m x 1.70m) Kitchen/Dining/Lounge Area (5.60m x 3.41m) Bedroom One (3.61m x 3.06m) En-Suite (2.06m x 1.18m) Bedroom Two (3.15m x 2.50m) Garden Communal lawn area to the front of the flat.
Parking - Allocated Parking There are two allocated parking spaces in the rear car park.
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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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 62 Constantine Drive, Peterborough
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