2 bedroom apartment for sale

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• We are excited to introduce this Prime Property. A Large 2 Bedroom Apartment in a Prime Location in  Park Road, Peterborough *Rare Auction Property*

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• *Hereward Tower, 17, Broadway, Peterborough, City Of Peterborough PE1 1GY sold for £157,000,86, Russell Street, Peterborough, City Of Peterborough PE1 2BJ sold for £160,000, 27 Cathedral View, Wentworth Street, Peterborough, City Of Peterborough PE1 1DS sold for £174,500*

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• The property is in walk-in condition, featuring a contemporary design with significant potential for personal customisation and finishing touches. It could potentially attract rental income of £1,000 - £1,100 PCM (£12,000 - £13,200 P/A) an astonishing 8%-10% Yield based on the Guide price. 

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• If used as a part holiday the property could achieve £96 per night, based on comparables on Air BNB. This would produce a jaw-dropping annual income of £24,528 based on a 70% occupancy, (Subject to gaining the necessary planning and information)

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• This property is sure to appeal to shrewd investors and Owner-occupiers. A fantastic BRRR and capital growth opportunity and a great property for a family to get on the property ladder! *RARE AUCTION PROPERTY*

We are excited to introduce this Prime Property. A Large 2 Bedroom Apartment in a Prime Location in  Park Road, Peterborough *Rare Auction Property*

This property is sure to appeal to shrewd investors and Owner-occupiers. A fantastic BRRR and capital growth opportunity and a great property for a family to get on the property ladder! *RARE AUCTION PROPERTY*

Flat comprises: Hallway Living Room / Kitchen, Bedroom with ensuite, Second Bedroom with ensuite and Bathroom, benefits from new airconditioning system and ample storage throughout.(72msq)

Local Sales

*Hereward Tower, 17, Broadway, Peterborough, City Of Peterborough PE1 1GY sold for £157,000,86, Russell Street, Peterborough, City Of Peterborough PE1 2BJ sold for £160,000, 27 Cathedral View, Wentworth Street, Peterborough, City Of Peterborough PE1 1DS sold for £174,500*

If used as a part holiday the property could achieve £96 per night, based on comparables on Air BNB. This would produce a jaw-dropping annual income of £24,528 based on a 70% occupancy, (Subject to gaining the necessary planning and information)

The property is in walk-in condition, featuring a contemporary design with significant potential for personal customisation and finishing touches. It could potentially attract rental income of £1,000 - £1,100 PCM (£12,000 - £13,200 P/A) an astonishing 8%-10% Yield based on the Guide price. 

The property has a Guide price that is sure to appeal to investors looking for a property that they can put their stamp on.

Potentially high-yielding investment property, subject to planning and gaining the necessary information. 

This lot is open to immediate offers. Should you wish to offer NOW, you can do so via our “Offer Now” button on our website.

This property is offered at a fantastic price to ensure an Auction sale.

The property will feature in our upcoming timed online auction. To participate in the live auction, you must have a bidding account created. For further details on how to have a bidding account created please contact the team.

Location:

Park Road in Peterborough is a vibrant and well-connected area offering a blend of urban convenience and green spaces. Located close to the city centre, it provides easy access to a variety of local amenities, including Queensgate Shopping Centre, numerous restaurants, cafes, and the beautiful Central Park, perfect for walks and recreation. 

The area benefits from excellent transport links, with Peterborough railway station just a short distance away, offering regular services to London, Cambridge, and other major cities. Local bus routes are frequent and connect various areas across Peterborough. For drivers, the A1(M) motorway is easily accessible, providing efficient routes to the north and south. Park Road's central location makes it ideal for those seeking both convenience and community living.