2-bedroom flat · PE2 8NW
Let agreedListed 34 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Vira Lettings are pleased to present this impressive and generously proportioned two bedroom apartment on Hawksbill Way, offering spacious modern living within easy reach of Peterborough city centre and railway station.
The centrepiece of the apartment is the excellent open plan living space.
The generous lounge provides plenty of room for separate living and dining areas, while large glazed doors bring in excellent natural light and open directly onto the private balcony.
The balcony provides a valuable additional outdoor space and makes the apartment particularly appealing during the warmer months.
The kitchen forms part of the open plan living area and has been finished with a clean contemporary design, offering extensive cabinet storage and worktop space.
Integrated appliances include a dishwasher and fridge freezer, with white goods provided as part of the tenancy.
Both bedrooms are generously proportioned, providing plenty of space for bedroom furniture and storage.
The layout makes the apartment particularly suitable for professionals or a couple wanting additional space for guests or home working.
The bathroom is another particularly useful feature, providing both a full size bath and a separate shower enclosure alongside the wash basin and WC.
Further benefits include air conditioning, central heating and secure basement parking, providing considerably more practicality than many city apartments.
The property is well positioned for access into Peterborough city centre.
Peterborough railway station is approximately 1 km from the postcode, while Fletton Quays, London Road and a range of shops, restaurants and everyday amenities are also within easy reach.
The apartment is offered with white goods only. Furniture shown within the photographs belongs to the current occupier and is not included with the tenancy.
For someone looking for a spacious modern apartment with secure parking, outdoor space and excellent access to central Peterborough, this property offers a particularly strong combination of location and internal space.
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 136 Hawksbill Way, Peterborough, PE2 8NW
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