Summary - 42, FELLOWES ROAD PE2 8DS
2 bed 1 bath Apartment
Compact, low-maintenance home close to station — ideal for first-time buyers or investors.
Ground-floor two-bedroom apartment, approx 453 sq ft
A compact two-bedroom ground-floor apartment offering low-maintenance city living within easy walking distance of Peterborough city centre and the train station. The block is modern (built 2003–2006), double-glazed and includes one allocated off-street parking space — practical for a first home or a buy-to-let with good local rental demand and fast broadband.
Internally the flat is modest in size (about 453 sq ft) with a lounge/diner, two bedrooms, separate kitchen and bathroom plus two entrance cupboards for storage. Electric storage heating and mains electricity supply simplify services and reduce communal charges; council tax sits in a very low band, helping running costs.
Important considerations: the property is leasehold with approximately 79 years remaining and a small ground rent of £250. Some mortgage lenders may refuse to lend on the basis of the lease length, so buyers should check finance options early. The area scores as deprived with higher crime levels than average, which may affect resale or lettability for some buyers.
Overall this apartment suits a first-time buyer comfortable with a compact home or an investor looking for simple, low-upkeep accommodation close to transport links. Factor in potential lease extension costs and confirm mortgage availability before proceeding.
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