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1 bed flat for sale

£90,000

Varity House, Vicarage Farm Road, Fengate, Peterborough PE1

1
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Property features

  • Ground floor apartment
  • One double bedroom
  • Brand new shower room
  • New kitchen with appliances
  • Electric heating
  • Secure parking
  • No forward chain
  • Great investment buy

Property description



This ground floor apartment is located in Varity House, Fengate just a short drive from the City Centre. The accommodation offers entrance hallway with security entry phone, double bedroom, shower room, open plan lounge/diner/kitchen. There is a built in fridge, electric oven, hob and extractor hood. The washing machine is located in a double cupboard along with the hot water tank. The apartment has electric heating and double glazing. Outside there secure allocated parking. Viewing is highly recommended.

Situated in on the edge of the City of Peterborough offers good access to the City Centre and all its facilities within walking distance. Peterborough is a city in Cambridgeshire and is approximately 45 minutes away from both Leicester and Cambridge. Peterborough has excellent transport links with a mainline train service to London Kings Cross (50 minutes), and the A1/A47 running past the city providing links to the North and the South.

Ground Rent: £150 - Service Charge: £900 - Lease: 125 years The property would rent out for £550 pcm. Would generate approx 7% gross yield.


Entrance hallway


Solid wood door, grey wood effect flooring, entry phone, doors to;


Bedroom one


9' 11" x 9' 11" (3.02m x 3.02m)
Two large frosted windows, electric heater, grey carpet.


Shower room


5' 11" x 5' 11" (1.80m x 1.80m)
Three piece suite comprising of corner shower unit with glass doors, low level WC, pedestal wash handbasin, extractor fan, heated towel rail, grey wood effect flooring.


Double door storage cupboard


Large hot water tank, washing machine with fitted worktop over, electric metres.


Open plan lounge/diner


13' 11" x 16' 11 max" (4.24m x 5.16m)
Electric heater, grey wood effect flooring, opening to;


Kitchen area


5' 11" x 13' 05" (1.80m x 4.09m)
UPVC window to the front aspect, fitted kitchen with white gloss base and eye level units with matching worktops, single drainer sink unit with mixer taps, fitted electric oven and hob, extractor hood, integrated fridge, electric heater.


Outside


Secure allocated parking.

Ground Rent: £150 - Service Charge: £900 - Lease: 125 years The property would rent out for £550 pcm.


Property info

Floorplan(s): Floorplan 1

View original

Market activity
Average price paid £149,401 Sales 552 Current average value £160,149 (Zoopla Zed-Index) Value change £3,290 ▲ 2.10%

Property value data/graphs for PE1

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £233,302 £186 3.4 £215,059
Semi-detached £165,614 £169 3.0 £161,864
Terraced £135,967 £178 2.7 £132,526
Flats £118,014 £182 1.7 £112,162

Current asking prices in PE1

Average: £175,004
Avg. current asking prices in PE1
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £73,571
(7)
£127,237
(40)
£190,941
(86)
£296,750
(38)
£335,833
(6)
Flats £116,947
(92)
£158,765
(47)
£105,000
(2)
- -
All £113,880
(99)
£144,269
(87)
£188,988
(88)
£296,750
(38)
£335,833
(6)

Current asking rents in PE1

Average: £645 pcm
Avg. current asking prices in PE1
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £475 pcm
(29)
£637 pcm
(10)
£826 pcm
(16)
£1,182 pcm
(5)
-
Flats £581 pcm
(92)
£720 pcm
(41)
- - -
All £555 pcm
(121)
£704 pcm
(51)
£826 pcm
(16)
£1,182 pcm
(5)
-

Fun facts for PE1

Highest value in PE1
Highest value streets Zed-Index
Park Crescent £603,587
Broadway Gardens £456,512
Barkston Drive £320,951
Broadway £317,984
Foxdale £298,237
Highest turnover in PE1
Highest turnover streets Turnover
Crawthorne Road 63.8%
Kimbolton Court 50.0%
Isherwood Close 40.0%
Pope Way 38.9%
Ascot Drive 38.1%

What Zoopla users think of Peterborough

Overall rating:

  • currently 3.5 stars
Good - 73% (249 ratings)

Ratings breakdown:

  • currently 3.5 stars
Community & safety
  • currently 3 stars
Entertainment & nightlife
  • currently 4 stars
Parks & recreation
  • currently 3.5 stars
Restaurants & shopping
  • currently 3.5 stars
Schools & public services
  • currently 4 stars
Transport & travel

Rate Peterborough:

Tell us what you think of this area by rating these categories.
Please note your vote will only be counted once.

Community & safety
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Entertainment & nightlife
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Parks & recreation
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Restaurants & shopping
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Schools & public services
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Transport & travel
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5

Nearby transport

  • Peterborough (1.5 miles)
  • Whittlesea (4.5 miles)
  • Stamford (Lincs) (12.2 miles)
  • London Luton Airport (49.1 miles)
  • East Midlands Airport (49.9 miles)
  • London Stansted Airport (51.6 miles)
  • West Lynn Ferry Landing (28.1 miles)
  • King's Lynn Ferry Landing (28.2 miles)
  • Blackfriars Millennium Pier (74.0 miles)

Nearby schools

View all schools in Peterborough
  • St Thomas More Catholic Primary School (0.3 miles)
  • Lime Academy Abbotsmede (0.6 miles)
  • Newark Hill Academy (0.8 miles)
  • Uppingham School (21.5 miles)
  • Harington School (23.1 miles)
  • Cambridge Arts and Sciences Sixth Form and Tutorial College (29.0 miles)
  • St John Fisher Catholic High School (0.4 miles)
  • Nene Gate (0.4 miles)
  • City of Peterborough Academy (0.5 miles)
Note: Distances are straight line measurements

Local info for Peterborough

AskMe Q&A for Peterborough

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For more information about this property, please contact
Capitol Lettors Sales and Letting Agents, PE1 on +44 1733 734005 * (local rate)

Monthly running costs Beta

£509 Monthly total

Mortgage

Purchase price
Deposit (10%) 9,000
Repayment term 25
Interest rate 1.5
Your payment £323 /mo How Much Could I Borrow

These results are not provided by NatWest and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

Your home or property may be repossessed if you do not keep up repayments on your mortgage.

Home Insurance

Rebuild value up to £1,000,000 Contents value up to £75,000 Average insurance cost £18/mo (£217/yr)
Compare insurance deals now In partnership with uSwitch
Home insurance costs explained

Home Insurance is based on the average price of a building and contents quote for a property in this area in the last 48 months.

Source: Autonet Insurance Ltd

Energy

Gas £18 Electricity £24 Estimated energy cost £42/mo

Similar properties could save up to £128

How Much Could I Save? In partnership with uSwitch
Energy costs explained

The estimated energy cost for this property has been calculated using actual energy usage data for a property of this type, number of bedrooms and region.

Estimated consumption

Gas: 5700 kWh/year
Electricity: 1800 kWh/year

Source: National Energy Efficiency Data Framework

Council Tax

Local authority

Peterborough

Estimated tax band A Council tax cost £100 /mo
when paid over 10 months
Council tax costs explained

The Council Tax cost displayed is based on the council tax band and on the basis of 2 adults living at the property. The monthly cost shown excludes any discounts and is rounded to the nearest pound.

Full information on Council Tax discount entitlements can be found on the Gov.UK’s website.

Water

Supply £10 Sewerage £16 Estimated water cost £26 /mo
Water costs explained

Water consumption is based on average water usage for the predicted occupancy of the property based on the number of bedrooms.

Total annual consumption (in cubic meters) is then averaged into a monthly cost.

Note: If you have 2 separate suppliers for water and sewage, you may receive 2 separate bills.

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Capitol Lettors Sales and Letting Agents, and do not constitute property particulars. Please contact Capitol Lettors Sales and Letting Agents for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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