Comfortable central flat for over-55s with communal facilities and parking.
First-floor two-bedroom apartment in over-55s retirement complex
Short walk to Peterborough city centre and mainline station
Communal lounges, gardens and secure on-site parking
Lift and stair access; alarm call/intercom system fitted
Gas central heating and double glazing throughout
Leasehold with 100 years remaining; sold at online auction
High annual service charge £9,508; affects running costs
Local area: higher crime and marked deprivation—consider safety
A purpose-built two-bedroom first-floor retirement apartment, positioned a short walk from Peterborough city centre and the station. The block provides communal lounges, maintained gardens and secure on-site parking, making it practical for those wanting low-exertion living close to local amenities.
The flat has an open-plan lounge/diner, fitted main bedroom, second bedroom and a bathroom. Double glazing, gas central heating and an emergency alarm/call system are in place, and the building is served by lift and stairs for access. Chain free and sold via Secure Sale online bidding with a stated starting bid of £80,000.
Notable costs and local context are important: the lease has 100 years remaining but the annual service charge is high at £9,508, and the wider area records higher crime and significant deprivation. These factors affect running costs, communal budgets and suitability for buyers sensitive to service charges or seeking a quiet, low-crime neighbourhood.
This property suits a buyer over 55 seeking convenience, communal support and central access to shops, transport and services. It also offers potential for an investor aware of retirement-block realities, but prospective purchasers should factor the high service charge, communal living rules and the auction sale process into any offer.
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