Fellowes Road, Peterborough PE2 2 bed flat for sale

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Fellowes Road, Peterborough PE2 2 bed flat for sale

Fellowes Road, Peterborough PE2
£115,000

Price History

Initial price £125,000
17/05/25 £115,000
Price Change -8.00%

Description

This two-bedroom top-floor apartment in Fletton is a great opportunity for first-time buyers or investors, with no onward chain. The property is situated within walking distance of the city centre and station, as well as local schools and amenities. The apartment features an entrance hall, lounge/diner, kitchen, two bedrooms, and bathroom, with electric heating and UPVC double glazing throughout. Outside, there is an allocated parking space. The property is leasehold, with 79 years remaining on the lease, and comes with a service charge and ground rent. The estimated rent is £875 per month, offering a gross yield of 8.4% and a net yield of 7.2% after expenses. Early viewing is recommended to take advantage of this attractive investment opportunity.