Low-maintenance one-bedroom close to the city centre, ideal for downsizers.
Top-floor one-bedroom in Over-55s development with lift access
Recently re-fitted kitchen and modern re-fitted shower room
Spacious lounge/diner and built-in bedroom wardrobe
No upward chain — vacant possession possible on purchase
Lease 59 years remaining — many lenders likely to refuse mortgages
Service charge high: £372.28 pcm (£4,467.36 pa)
Electric storage heaters and older double glazing — consider running costs
Communal gardens, laundry and sitting rooms; no private garden
This top-floor one-bedroom apartment sits within an Over-55s development in central Peterborough. The flat is recently refurbished with a re-fitted kitchen and shower room, a spacious lounge/diner and a fitted double wardrobe in the bedroom. Lift access, communal sitting and laundry rooms, and well-kept communal gardens provide low-maintenance living and on-site social space.
Practical benefits include no upward chain, close proximity to the city centre and local amenities, very low council tax (Band A), and good mobile and broadband connectivity. Heating is by electric storage heaters, and the property has double glazing (installed before 2002), so running costs should be considered alongside the affordable asking price.
Important drawbacks: the lease has 59 years remaining — many mortgage lenders may refuse to lend, which will limit market appeal and could affect purchase options. Service charges are above average (£372.28 pcm / £4,467.36 pa) and the wider area records higher crime levels and marked deprivation, which buyers should weigh against the flat’s convenience and communal facilities. Viewing is recommended to judge suitability for downsizing or retirement living.
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