Summary - 53, Fellowes Road PE2 8DS
2 bed 1 bath Flat
Compact, well-located flat close to station — sensible buy for first-timers or landlords.
- Two bedrooms with open-plan 19ft lounge/diner
- Integrated kitchen appliances included
- Allocated off-street parking space
- No onward chain, quick sale potential
- Lease approx. 80 years left — lender risk
- Service charge c. £1,330/year; ground rent £250/year
- Electric storage heating; double glazed
- Local area has higher crime rates
This first-floor two-bedroom flat on Fellowes Road offers practical city living with an open-plan lounge/diner and integrated kitchen appliances. The apartment sits within a modern development built 2003–2006 and benefits from allocated off-street parking and a well-kept communal garden. Walking distance to Peterborough station and the city centre gives strong transport and amenity access.
The property is offered with no onward chain, which can speed a purchase for a first-time buyer or investor. Internal space is sensible rather than generous: rooms are average in size and the total area is compact at about 582 sq ft. Heating is by electric storage heaters and double glazing is fitted throughout.
Important practical points: the lease has approximately 80 years remaining and ground rent and service charge apply (£250 pa ground rent; c. £1,330 pa service charge). Mortgage lenders often refuse or impose strict conditions on flats with shortish leases, so buyers should verify mortgageability before committing. The area records higher crime levels and the neighbourhood is classified as a private-renting area with some deprivation indicators.
For buyers seeking a straightforward, low-stairs city flat close to transport links, this presents good value and rental potential. For buyers needing long-term security or standard mortgage lending, investigating lease-extension costs and lender criteria is essential before proceeding.
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