Peterborough PE2 1 bed flat for sale

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Peterborough PE2 1 bed flat for sale

Peterborough PE2
£65,000

Price History

Initial price £75,000
01/02/25 £65,000
Price Change -13.33%

Description

This one-bedroom flat is being sold with no onward chain and could be an ideal addition to a property portfolio or a first-time investment. The property features a spacious lounge, kitchen, and bathroom, and benefits from communal car parking to the front and side of the building. Situated within walking distance of the city centre, it's a perfect first home for tenants or a base for those who need to work in the city. The flat has been well-managed and has provided a good income for the current owner, with recent window replacements and a remaining lease of 92 years. With a ground rent of approximately £100 per annum and a service charge of £1700 per annum, this property offers a solid investment opportunity.