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Grovelands, Peterborough, PE3 6AQ

£120,000Leasehold

211

Key Information

Tenure:Leasehold
Service charge:£1,260 per year
Ground rent:£42 per year
Time remaining on lease:149 years
Council tax band:B
Broadband:up to 1000Mbps
Mobile signal:*Based on indoor data coverage
EEO2ThreeVodafone

Key Features

First Floor Apartment
Single Garage
NO FORWARD CHAIN!
City Centre Location
Ideal First Time Purchase, Downsize Or Investment
Local Amenities
Local Schooling
Walking Distance To Peterborough City Centre And Train Station
Easy Access To The A47
EPC - C, Virtual Tour Available

Description

Located in the heart of Peterborough, this well-presented first-floor apartment in Grovelands offers the perfect blend of convenience and comfort. With no forward chain, it presents an ideal opportunity for first-time buyers, investors, or those looking to downsize. The property boasts a sought-after city centre location, placing you within easy walking distance of Peterborough’s vibrant centre, train station, and a variety of local amenities. With excellent access to the A47, nearby local schooling, and the added benefit of a single garage, this apartment combines practicality with lifestyle, making it a smart and appealing choice.

This spacious and well-designed first-floor apartment in Grovelands, Peterborough, offers a superb layout ideal for modern living. At the heart of the home is a generous lounge diner, perfect for relaxing or entertaining, with plenty of natural light enhancing the inviting atmosphere. The separate kitchen is smartly arranged to maximise functionality, offering ample storage and preparation space. The property features two well-proportioned bedrooms, with the master providing an especially comfortable retreat. The second bedroom offers flexibility, making it suitable for guests, a home office, or additional storage. A central entrance hall connects all rooms seamlessly, while the bathroom is conveniently located, offering both practicality and privacy. Thoughtfully laid out and offering a clear sense of space and flow, this apartment makes the most of its footprint. Combined with its city centre location, walking distance to amenities and transport links, and the benefit of a single garage, it represents a fantastic opportunity for first-time buyers, investors, or those looking to downsize with style.

Entrance Hall 3.07 x 1.61 (10'0" x 5'3")

Lounge Diner 3.32 x 5.17 (10'10" x 16'11")

Kitchen 2.13 x 3.81 (6'11" x 12'5")

Master Bedroom 3.02 x 4.14 (9'10" x 13'6")

Bathroom 1.61 x 3.10 (5'3" x 10'2")

Bedroom Two 2.51 x 3.05 (8'2" x 10'0")

EPC - C
72/82

Tenure - Leasehold
At the time of marketing the vendor has informed us of the current lease terms. Exact figures will be confirmed by your solicitor upon receipt of the management pack, when a sale has been agreed.
Years Remaining on the lease - 149 years
Ground rent £42 per annum
Service charge £1260 per annum

IMPORTANT LEGAL INFORMATION
Construction: Standard
Accessibility / Adaptations: None
Building safety: No
Known planning considerations: None
Flooded in the last 5 years: No
Sources of flooding: n/a
Flood defences: No
Coastal erosion: No
On a coalfield: No
Impacted by the effect of other mining activity: No
Conservation area: No
Lease restrictions: Yes
Listed building: No
Permitted development: No
Holiday home rental: Yes
Restrictive covenant: Yes
Business from property NOT allowed: Yes
Property subletting: Yes
Tree preservation order: No
Other: No
Right of way public: No
Right of way private: No
Registered easements: Yes
Shared driveway: No
Third party loft access: No
Third party drain access: No
Other: Yes
Parking: Detached Garage
Solar Panels: No
Water: Mains
Electricity: Mains Supply
Sewerage: Mains
Heating: Electric Room Heaters
Internet connection: TBC
Internet Speed: up to 1000Mbps
Mobile Coverage: EE - Excellent, O2 - Excellent, Three - Great, Vodafone - Great

Disclaimer: If you are considering purchasing this property as a Buy-to-Let investment, please be advised that certain areas may be subject to Selective Licensing schemes. Prospective purchasers are strongly advised to carry out their own due diligence to ensure compliance with any applicable licensing requirements, including any associated fees or obligations.

All information is provided without warranty.
The information contained is intended to help you decide whether the property is suitable for you. You should verify any answers which are important to you with your property lawyer or surveyor or ask for quotes from the appropriate trade experts: builder, plumber, electrician, damp, and timber expert.

DRAFT DETAILS AWAITING VENDOR APPROVAL

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West Town Primary Academy
(0.22 miles)
Good
Number of pupils: 412
Age Range: 4 - 11
Richard Barnes Academy
(0.37 miles)
Inadequate
Number of pupils: 122
Age Range: 5 - 16
The Peterborough School
(0.42 miles)
Number of pupils: 600
Age Range: 4 - 20
Brewster Avenue Infant School
(0.55 miles)
Good
Number of pupils: 221
Age Range: 3 - 7
The Beeches Primary School
(0.58 miles)
Good
Number of pupils: 584
Age Range: 5 - 11
St Augustine's CofE (Voluntary Aided) Junior School
(0.59 miles)
Good
Number of pupils: 236
Age Range: 7 - 11
Nene Valley Primary School
(0.68 miles)
Good
Number of pupils: 313
Age Range: 5 - 11
Bishop Creighton Academy
(0.78 miles)
Good
Number of pupils: 201
Age Range: 4 - 11
Gladstone Primary Academy
(0.9 miles)
Good
Number of pupils: 578
Age Range: 4 - 11
The King's (The Cathedral) School
(0.92 miles)
Outstanding
Number of pupils: 1227
Age Range: 7 - 18

Payment Calculator

Mortgage

Estimated Monthly Mortgage Payment:
£600 /mo.25 Years, 4.5% Interest
Loan
£108,000
Total Repay
£180,090

Stamp Duty

You’ll have to pay the stamp duty of:
£0
0% up to £120,000
Your effective stamp duty rate is 0%

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