City-centre location — 5-minute walk to Peterborough train station
Open-plan living/kitchen/dining — modern layout
Two double bedrooms; master with en-suite shower room
Secure gated parking space included
Long lease — 250-year original, c.240 years remaining
Main heating: electric room heaters — likely higher running costs
Area records high crime and high deprivation levels
No forward chain — quick, straightforward sale possible
This second-floor, two-bedroom flat in the heart of Peterborough offers a straightforward, chain-free purchase for a first-time buyer or investor seeking city-centre convenience. The open-plan living, kitchen and dining area provides a modern feel, while two double bedrooms (master with en-suite) suit young professionals or sharers.
Practical benefits include a secure gated parking space and a long lease (250 years from 2015, c.240 years remaining). Ground rent is £300 per year and council tax band B is approximately £1,700 annually — predictable holding costs to factor into your budget. EPC rating C indicates average energy performance.
Buyers should note material drawbacks: main heating is by electric room heaters rather than central heating, which can mean higher running costs, and the wider area records high crime and significant deprivation indicators. The building appears modern (circa early 1990s) with double glazing, but the property may suit buyers prepared to accept basic urban living rather than a quiet suburban setting.
Overall this flat delivers strong access to transport (about five minutes’ walk to Peterborough station), shops and city-centre amenities. It’s attractive for those prioritising location and low upfront barriers to purchase, but less appropriate for buyers needing low running costs or a very low-crime neighbourhood.
