Chain-free modern flat with allocated parking—suitable for buyers who can manage lease constraints..
Chain-free two-bedroom first-floor flat, ready to occupy
A well-presented two-bedroom first-floor flat in a modern block on Fellowes Road, offered chain-free and ready for immediate occupation. The apartment has allocated off-street parking, a practical contemporary kitchen, and double glazing throughout, making it a straightforward, low-hassle option for an owner-occupier or cash investor.
Important practical points are clear: the flat is leasehold with 79 years remaining and a ground rent of £250 plus an average service charge of £1,350. The relatively short remaining lease may restrict mortgage options and could deter some lenders, so buyers should check finance suitability or plan for a lease extension.
The property sits in a convenient location close to local shops, schools rated Good, and links into the city centre. Heating is via electric storage heaters and mains electricity is the primary fuel, which can mean higher running costs compared with gas-heated homes—budget accordingly. The surrounding area shows higher crime levels and local deprivation indicators; buyers should view the neighbourhood in person to assess suitability.
Overall this compact 568 sq ft flat suits a buyer seeking an affordable entry into Peterborough or an investor targeting straightforward rental income, provided they are comfortable with leasehold constraints and running-cost implications. The sale being chain-free simplifies a prompt completion where needed.
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