Summary - Broadway, Peterborough PE1 1RS
2 bed 1 bath Apartment
Low-maintenance city investment with strong commuter demand and long lease.
- Two bedrooms, one bathroom; modern open-plan living space
- Ten-minute walk to Peterborough train station, excellent connectivity
- Long lease: 191 years remaining
- Average annual service charge £1,447; ground rent £270
- Located in a very deprived area with high local crime levels
- Strong tenant demand locally; good for hands-off landlord model
- No flood risk; fast broadband and excellent mobile signal
A practical buy-to-let in central Peterborough, this two-bedroom apartment combines modern finish with commuter convenience. The open-plan living/kitchen and neutral decor support broad tenant appeal, while integrated appliances and low-maintenance flooring reduce upkeep and void risk.
Positioned a ten-minute walk from Peterborough train station, the property benefits from strong rental demand and excellent mobile and broadband connectivity — useful for professionals and students. The long lease (191 years) gives tenure security, and the absence of flood risk removes a common insurer concern.
Investors should weigh meaningful running costs and location factors: the apartment carries an average annual service charge (£1,447) and ground rent (£270), and it sits in a very deprived area with a high local crime rate. These factors affect net yield and management requirements but are offset by strong lettability and a hands-off management profile for standard tenancies.
This is best suited to someone seeking an income-producing, low-maintenance urban asset with clear commuter appeal. An internal inspection, full EPC and confirmation of communal/parking arrangements are recommended to finalise rental and refurbishment plans.
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