Summary -
Flat 25,50 Alma Road,PETERBOROUGH,PE1 3FG
PE1 3FG
1 bed 1 bath Flat
Affordable city-centre retirement or low-entry investment near shops and transport.
NO ONWARD CHAIN — quick completion possible
Purpose-built over-55s development with communal facilities
One double bedroom and practical shower wet room
Approx. 494 sq ft — compact, efficient layout
EPC rating B — good energy performance
Leasehold tenure — check remaining term and covenants
High service charge £9,840 pa — significantly increases ownership costs
Urban location; very deprived area and higher local crime rates
Priced at £35,000 and offered with NO ONWARD CHAIN, this second-floor, one-bedroom apartment sits within an over-55s development and offers an affordable purchase price for a retirement buyer or investor. The flat (approx. 494 sq ft) includes a double bedroom, a shower wet room for easy access, a separate kitchen and a light lounge/diner with a Juliet balcony. The development provides strong communal amenities such as maintained gardens, a residents’ lounge, craft room, laundry and an on-site café. EPC B confirms reasonable energy efficiency for the size.
Buyers should note this is a leasehold property with a high annual service charge of £9,840, which will significantly affect running costs and rental yield. The building sits in an urban area recorded as very deprived with higher local crime levels; that context will matter for both personal security and investment considerations. Parking is available but described as arrangement-based rather than guaranteed private parking.
This apartment suits a purchaser seeking low-entry-cost ownership within a supported, social retirement environment or an investor looking for an affordable city-centre unit to let to over-55s. The accommodation is compact and low-maintenance, with communal life and facilities that reduce the need for private outdoor space. Factor in the substantial service charge and leasehold terms when comparing net costs against other options.
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