Summary -
17 Townsend Close,PETERBOROUGH,PE1 2SQ
PE1 2SQ
2 bed 1 bath Flat
Affordable Victorian apartment close to Queensgate shopping and schools.
65% shared ownership; option to buy remaining 35% for £52,500
A compact two-bedroom first-floor flat in a Victorian red-brick building, offered as a 65% shared ownership. The apartment combines period character—high ceilings and large sash windows—with a modern open-plan lounge/kitchen and a fitted gas kitchen. Two allocated parking spaces and communal gardens are rare city-centre perks.
Practical details suit a first-time buyer: 110 years remain on the lease, the Vaillant gas combi boiler provides central heating, and council tax is in Band B. The seller currently pays £130.32 pcm for the remaining 35% share; there is an option to buy the freeholder’s 35% share for £52,500 (both subject to contract). Annual service charge is about £1,513.44.
Be clear about the local context: the property sits within a very deprived area with very high recorded crime levels, close to Queensgate shopping and local schools. The flat is small at c.608 sq ft and will suit buyers who prioritise location and affordability over expansive living space. Some fixtures and appliances have not been tested and any purchaser should verify condition during inspection.
This home is best for a buyer seeking an affordable route into city-centre living with scope to staircase to full ownership. The shared-ownership arrangement reduces upfront cost but brings ongoing rent for the retained share and an additional step if you later choose to buy 100% ownership.
2 bedroom flat for sale in Townsend Close, Peterborough, Cambridgeshire, PE1 — £94,250 • 2 bed • 1 bath • 688 ft²
2 bedroom flat for sale in Hammonds Drive, Peterborough, PE1 — £130,000 • 2 bed • 1 bath
2 bedroom flat for sale in London Road, Peterborough, Cambridgeshire, PE2 — £101,500 • 2 bed • 1 bath • 617 ft²
2 bedroom flat for sale in London Road, Hempsted, PE2 — £101,500 • 2 bed • 1 bath
3 bedroom terraced house for sale in Brickenden Road, Peterborough, PE4 — £64,500 • 3 bed • 1 bath • 659 ft²
2 bedroom semi-detached house for sale in Monksfield Mews, Peterborough, PE1 — £74,950 • 2 bed • 3 bath • 954 ft²
