Summary - 5 KESTEVEN WALK, EASTGATE, PETERBOROUGH PE1 5DR
2 bed 1 bath Flat
Chain-free two-bedroom flat near Peterborough station — long lease and communal garden..
No onward chain — ready for a quicker sale
115 years remaining on lease — long leasehold security
Walking distance to station and city centre — strong connectivity
Communal landscaped grounds — pleasant shared outdoor space
Service charge £275/year; ground rent £275/year — verify commitments
840 sq ft; two bedrooms — average-sized, practical layout
Mains gas central heating and double glazing — standard comfort
Area has high deprivation — assess local investment risks
This two-bedroom second-floor flat in Kesteven Walk offers a straightforward city-centre base for a first-time buyer or buy-to-let investor. The apartment has a generous living room, separate kitchen, bathroom and useful built-in storage, arranged across an average-sized 840 sq ft footprint with standard ceiling heights. Double-glazed windows and gas central heating via a boiler and radiators provide everyday comfort.
The location is a strong practical draw: within easy walking distance of Peterborough railway station and the city centre, with fast broadband and excellent mobile signal. The block faces communal landscaped grounds and offers off-street pedestrian access, making it a quiet city spot despite being close to urban amenities. The lease is long at 115 years and the property is offered chain free, simplifying purchase.
Important practical points: the flat is leasehold with both ground rent and service charge at £275 per year. The service charge is described as below average, but buyers should confirm service arrangements and any upcoming maintenance. Basic checks are recommended because appliances, wiring, plumbing and drains have not been tested or verified.
The surrounding area is classified as an urban cultural mix with a very deprived wider area profile; local amenities and several well-rated schools are within reach. This flat is suited to someone seeking an affordable, centrally located starter home or a straightforward rental investment, provided they accept the leasehold terms and check the building’s service history and utilities.
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