1-bedroom flat · PE1 2TZ
Listing removedListed 227 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*** NO ONWARD CHAIN *** '' Located in the heart of the city centre, this one bedroom ground floor flat benefits from no onward chain.
Featuring a kitchen/living space, bedroom, shower room and entrance. There is also a parking space to the rear of the block.
Viewings are highly recommended to appreciate the central location and condition. EPC Energy Rating - D/ Council Tax Band - A''.
Entrance 6' 3" x 3' 5" (1.91m x 1.04m) (approx) Cupboard and radiator.
Kitchen / Living 17' 4" x 10' 4" (5.28m x 3.15m) (approx) Fitted with a range of base units with work surfaces over, stainless steel sink unit with a mixer tap, integrated oven, hob with extractor fan over, plumbing for a washing machine, integrated fridge / freezer and electric radiator.
Two windows to rear. Bedroom 1 9' 3"(min) (2.82m) 10' 2" (max) x 10' 5" (3.10m x3.17m)(approx) Two windows to rear and electric radiator.
Shower Room 4' 6" x 6' 8" (1.37m x 2.03m) (approx) Fitted with a three piece suite comprising low level W/C, wash hand basin, shower cubicle and heated towel rail.
Outside Gated Parking with one allocated space. Agent Notes 1 The floorplan is for illustrative purposes only. Fixtures and fittings do not represent the current state of the property.
Not to scale and is meant as a guide only. Agent Notes 2 Lease details are 250 years from 25th March 2016 therefore leaving 242 years remaining.
The service charge is £752.46 from September 2024 til 24th March 2025 The Ground Rent charge is £129.59 from September 2024 til 24th March 2025.
Value & comps
No previous sales on record.
Returns
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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 Park Road, Peterborough, PE1
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