Summary - 163, WELLINGTON STREET PE1 5DU
1 bed 1 bath Flat
Compact central flat offering commuter convenience and rental potential.
Ground-floor one-bedroom flat in central Peterborough, near train station
This ground-floor one-bedroom flat sits in the heart of Peterborough, a short walk from the city centre and the train station — a clear plus for commuters and buy-to-let demand. The accommodation includes a living room, kitchen, bedroom with fitted storage and a family bathroom. Fast broadband and excellent mobile signal support modern living and renting.
The property is leasehold with a low reported ground rent and mains gas heating via a boiler and radiators. The building dates from the early 20th century with solid brick walls; this gives character but also means the property may benefit from improved insulation and general updating. The bedroom is a modest size and the overall layout is traditional and straightforward.
Location is the main draw: proximity to shops, transport links and several well-rated schools supports resale and rental appeal. However, the immediate area has high crime levels and is classed as very deprived, so prospective buyers should weigh local market conditions and tenant demand carefully. No flooding risk is recorded.
Suitable for an investor seeking a centrally located rental or a downsizer/first-time buyer wanting a compact city base, this flat offers clear potential but will likely require some cosmetic or efficiency upgrades to maximise value.
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