Central Court, North Street, Peterborough, PE1 2RN
- PROPERTY TYPE
Flat
- BEDROOMS
2
- BATHROOMS
2
- SIZE
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Key features
- Spacious and well-presented 2 bed flat (532 sq ft)
- Competitively priced for 28-day auction and chain free
- Great opportunity for savvy investors
- Rental estimate of £800 pcm provided by Belvoir Lettings (11.29% gross yield)
- Council Tax Band B
- EPC Energy Rating 'B'
- Fully-fitted and modern kitchen (162.61 sq ft)
- Large en-suite master bedroom (90.10 sq ft)
- Generous second bedroom (83.25 sq ft)
- Modern bathroom (38.76 sq ft)
Description
Bidding opens on the 27th of February at 12:00 and closes on the 5th of March at 12:00 with a GUIDE PRICE of £85,000.
Property Solver Online Auctions presents this stunning and spacious 532 sq ft flat in Central Court, North Street in Peterborough offering modern urban living in a prime city-centre location making it perfect for a savvy investor.
Enter this well-presented property, where style meets functionality. The beautifully designed 162.61 sq ft kitchen boasts sleek integrated appliances, modern cabinetry, and expansive windows that flood the space with natural light. Its generous layout allows for the addition of a family dining area or a stylish lounge, making it perfect for everyday convenience.
Both bedrooms are well-proportioned and thoughtfully designed. The 90.10 sq ft master bedroom benefits from a private 27.30 sq ft ensuite shower room, while the 83.25 sq ft second bedroom offers ample space. The modern 38.76 sq ft bathroom is finished to a high standard, featuring a bathtub with an overhead shower.
A recently updated secure entry system adds peace of mind, while allocated parking ensures convenience for residents.
Located just a short walk from Peterborough’s vibrant shopping, dining, and transport links, this flat is an excellent choice for investors.
Property Solvers Auctions has spoken with Belvoir Lettings who have provided an estimate of £800 per calendar month - generating a competitive gross yield of 11.29% (based on guide price).
With easy access to the train station and major road networks, this home offers the perfect balance of comfort, style, and convenience in a highly sought-after location.
More Information
The Property Solvers Auctions enquiry line is open 24/7 and we're happy to answer any questions.
28-day unconditional auction terms + conditions, AML requirements and fees are available on our website (Google "Property Solvers Auctions" and select "Auction Property for Sale" in the navigation).
The preliminary legal pack can be viewed directly via the auction listing itself. Property Solvers Auctions will update the legal pack and inform all parties that express interest in bidding. For conveyancing searches that are not received in time for the auction, a Professional Indemnity Insurance policy can be taken out.
Notice to Bidders
This property is being sold under Property Solvers' Unconditional Auction terms. Once the virtual hammer falls, the buyer has exchanged contracts at the fall of the virtual gavel. The minimum deposit of 10% will then need to be paid into the Property Solvers client account (unless otherwise agreed).
Property Solvers will then transfer the 10% deposit to the conveyancer's account. The buyer is under contract to complete on the sale within 28 days. Failing to do so means that the buyer will lose the deposit paid to Property Solvers in addition to abortive legal costs.
As part of the Property Solvers Online Auction process, bidders will be required to register online and provide proof of ID documents (passport and photo driving license). For a full list of requirements please see the legal pack documents.
Buyer Reservation Fee
A 2% + VAT (non-refundable) fee (subject to a minimum of £2,400 including VAT) plus a £150 (including VAT) processing fee will be due from the winning bidder.
Generally speaking, guide prices are provided as an indication of each seller's minimum expectation, i.e. 'the reserve'. They are not necessarily figures which a property will sell for and may change at any time before the auction.
Virtually every property will be offered subject to a reserve (a figure below which the auctioneer cannot sell the property during the auction) which we expect will be set within the guide range or no more than 10% above a single figure guide.
- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Off street
- GARDENA property has access to an outdoor space, which could be private or shared.
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- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Central Court, North Street, Peterborough, PE1 2RN
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Visit our security centre to find out moreDisclaimer - Property reference 26552. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Property Solvers, London. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Property Solvers, London on 08000 443798.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”
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