Summary -
6 Monksfield Mews,PETERBOROUGH,PE1 5GY
PE1 5GY
2 bed 3 bath Semi-Detached
Chain-free, low-maintenance home with driveway and private garden.
50% shared ownership; additional monthly rent £313.60
A practical 50% shared-ownership dormer bungalow designed for over-55s, offered chain-free and ready to occupy. The ground floor provides an open-plan lounge/kitchen, a downstairs bedroom/reception and a shower room, while the first floor holds a large main bedroom with an en-suite. Off-street parking and a private rear garden add low-maintenance outside space.
Financially the home is straightforward: leasehold with 109 years remaining, an additional monthly rent of £313.60 for the other share, and an annual service charge of £720 (below average). Council tax is described as low and there is no scheduled ground rent review period; buyers should confirm all charges and shared-ownership terms before proceeding.
Location advantages include quick links to Peterborough town centre, the train station and the A1, plus fast broadband and good mobile signal. Local amenities and a range of schools are nearby. Be aware the area records higher crime and very high deprivation levels; this may affect resale prospects and insurance costs.
This property will suit a 55+ buyer looking to downsize into a modern, low-maintenance home with scope to personalise. It offers comfortable living and sensible running costs, but shared-ownership obligations and local area challenges are material factors to consider.
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