Summary - ASHFIELDS 58 THE DRIVE PETERBOROUGH PE3 6DJ
2 bed 1 bath Apartment
Practical 2-bed flat with solid rental potential near transport links.
Central location near city centre and train station
Set close to Peterborough city centre and the train station, this two-bedroom apartment offers straightforward, city-centre rental potential. The layout includes an entrance hall, lounge/diner, kitchen, two bedrooms and a bathroom across about 636 sq ft — a practical size for long-term tenants or sharers. Local amenities, schools and transport links are all within easy reach, supporting strong lettability.
The building is a post‑1980s mid-terrace block with double glazing and modest communal grounds. Heating is by electric storage heaters and the apartment appears well presented internally, making it suitable for immediate letting with minimal upfront work. The council tax band is low, which helps running costs for occupants.
Important tenure and cost details for buyers: the flat is leasehold with 89 years remaining, an average annual service charge of around £1,236 and a ground rent of £10. These factors affect mortgage options and long-term ownership costs and should be checked with a lender or solicitor before purchase.
Notable concerns that affect investor considerations include a very high local crime level and electric-only heating, which may deter some tenant profiles and affect energy efficiency ratings. Prospective purchasers should arrange their own checks on services and consider a survey to confirm condition and running costs.
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