2-bedroom flat · PE3 6AS
Let agreedReduced £50 (−4.3%) on 27 AugListed 87 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Contemporary two bedroom apartment is positioned on the ground floor of a purpose built block and benefits from having it's very own private entrance with spacious hallway and storage.
The apartment is perfectly situated in the fine cathedral city of Peterborough, which boasts a variety of attractions and amenities. It's a great place to live, work and enjoy life.
Living here means you are excellently placed for transport links. Journeys to Cambridge, London and the north of England are extremely straightforward.
The A1 can be reached in under 10 minutes by car and Peterborough railway station is a 10-minute walk away, affording journeys to London Kings Cross in as little as 49 minutes.
The apartments is located within easy reach of a variety of local schools, which between them offer education from nursery right through to university.
Benefits of Renting a Modern Apartment They are built to the latest specifications and standards meaning a more energy-efficient home.
With the latest regulations and specifications it's unlikely you'll need to worry about maintenance repairs.
Kitchen/dining/living area - 7.24m x 3.61m (23'9" x 11'10") Master bedroom - 3.43m x 2.87m (11'3" x 9'5") Bedroom 2 - 3.32m x 2.70m (10'11" x 8' 10") Total area - 678 sq. Ft.
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 39, Waterfield Close, Peterborough
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