For sale Flat

4 HAMMONDS DRIVE

PETERBOROUGH, FENGATE, CITY OF PETERBOROUGH PE1 5AA

2 beds 1 baths 797 sq ft Listed 16 Jun 2026 (-34d)

£131,000

Reduced on 9 Jul 2026

Save

# 2 bedroom apartment for sale (PE1 5AA)

## Property Details

| Key | Value |
|-----|-------|
| Address | 4 HAMMONDS DRIVE, PETERBOROUGH, FENGATE, CITY OF PETERBOROUGH PE1 5AA |
| Price | £131,000 |
| Bedrooms | 2 |
| Bathrooms | 1 |
| Construction age | England and Wales: 2007-2011 |
| Floor area | 74 m² |
| Last sold | £100,000 Jul 2024 |

## EPC Rating & Upgrade Cost

- **Current rating:** B
- **Potential rating:** B
- **Expiry date:** 26/03/2034
- **Current heating cost:** £371/year

[View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/5634-3427-8300-0433-6222)

## Description

Boasting a sleek design and efficient layout, this apartment is primed for excellent rental income potential. The open-plan living area provides a welcoming space for tenants, while the well-appointed bedrooms offer privacy and relaxation. Investors will appreciate the low maintenance cost of this property, ensuring a high return on investment.

In addition to its attractive features, this apartment benefits from being situated in a growing rental market in Peterborough, making it a lucrative investment opportunity. Don't miss your chance to acquire this exclusive property designed for investors seeking long-term financial gains.

Please get in touch with us if you wish to discuss this property investment or other buy to let opportunities.

Council Tax Band - B

EPC - C

Ref No: 10008

About CityRise

CityRise has continued with the same ethos it was founded upon; tailor-making the best property investment solutions across the UK to suit our client’s investment goals. As a company, we adopt an authentic and personal approach whilst guiding you to the right investment. Regardless of whether you are adding to an existing portfolio, or are a first-time investor, our team of experts will be with you from start to finish. You will receive independent, professional advice whilst we search the market for the property that best suits your strategy and goals.

## Property Photos

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## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 4 HAMMONDS DRIVE, FENGATE, PETERBOROUGH, CITY OF PETERBOROUGH, PE1 5AA | £100,000 | 01/07/2024 | Flat |
| 4 HAMMONDS DRIVE, FENGATE, PETERBOROUGH, CITY OF PETERBOROUGH, PE1 5AA | £125,000 | 05/03/2020 | Flat |
| 4 HAMMONDS DRIVE, FENGATE, PETERBOROUGH, CITY OF PETERBOROUGH, PE1 5AA | £122,500 | 05/08/2016 | Flat |

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 188 HAMMONDS DRIVE, FENGATE, PETERBOROUGH, CITY OF PETERBOROUGH, PE1 5AX | £130,000 | 26/09/2025 | Flat |
| [Same street] 72 HAMMONDS DRIVE, FENGATE, PETERBOROUGH, CITY OF PETERBOROUGH, PE1 5AA | £123,000 | 24/02/2025 | Flat |
| 32 JAMES AVENUE, PETERBOROUGH, CITY OF PETERBOROUGH, PE1 5BL | £140,000 | 06/12/2024 | Flat |
| 23 JAMES AVENUE, PETERBOROUGH, CITY OF PETERBOROUGH, PE1 5BL | £145,000 | 26/10/2023 | Flat |
| 1 MILLER WAY, FENGATE, PETERBOROUGH, CITY OF PETERBOROUGH, PE1 5BD | £145,000 | 26/10/2023 | Flat |
| 6 FLAT 1 ATKINSON STREET, PETERBOROUGH, CITY OF PETERBOROUGH, PE1 5HW | £114,000 | 24/10/2023 | Flat |
| 238 HAMMONDS DRIVE, FENGATE, PETERBOROUGH, CITY OF PETERBOROUGH, PE1 5AX | £122,000 | 20/10/2023 | Flat |
| 20 HARTLEY AVENUE, PETERBOROUGH, CITY OF PETERBOROUGH, PE1 5FT | £145,000 | 29/09/2023 | Flat |
| [Same street] 70 HAMMONDS DRIVE, FENGATE, PETERBOROUGH, CITY OF PETERBOROUGH, PE1 5AA | £130,000 | 12/06/2023 | Flat |
| 9 RUDD CLOSE, FENGATE, PETERBOROUGH, CITY OF PETERBOROUGH, PE1 5BE | £145,000 | 12/06/2023 | Flat |
| 270 HAMMONDS DRIVE, FENGATE, PETERBOROUGH, CITY OF PETERBOROUGH, PE1 5AX | £145,000 | 12/05/2023 | Flat |
| 15 RUDD CLOSE, FENGATE, PETERBOROUGH, CITY OF PETERBOROUGH, PE1 5BE | £147,000 | 05/05/2023 | Flat |
| [Same street] 72 HAMMONDS DRIVE, FENGATE, PETERBOROUGH, CITY OF PETERBOROUGH, PE1 5AA | £86,000 | 03/03/2023 | Flat |
| [Same street] 66 HAMMONDS DRIVE, FENGATE, PETERBOROUGH, CITY OF PETERBOROUGH, PE1 5AA | £122,000 | 13/12/2022 | Flat |
| 220 HAMMONDS DRIVE, FENGATE, PETERBOROUGH, CITY OF PETERBOROUGH, PE1 5AX | £146,000 | 31/10/2022 | Flat |
| [Same street] 132 HAMMONDS DRIVE, FENGATE, PETERBOROUGH, CITY OF PETERBOROUGH, PE1 5AA | £120,000 | 01/08/2022 | Flat |
| [Same street] 24 HAMMONDS DRIVE, FENGATE, PETERBOROUGH, CITY OF PETERBOROUGH, PE1 5AA | £143,000 | 22/07/2022 | Flat |
| 8 MILLER WAY, FENGATE, PETERBOROUGH, CITY OF PETERBOROUGH, PE1 5BD | £143,000 | 08/07/2022 | Flat |
| [Same street] 130 HAMMONDS DRIVE, FENGATE, PETERBOROUGH, CITY OF PETERBOROUGH, PE1 5AA | £124,500 | 30/06/2022 | Flat |
| 232 HAMMONDS DRIVE, FENGATE, PETERBOROUGH, CITY OF PETERBOROUGH, PE1 5AX | £125,000 | 25/06/2022 | Flat |
| 23 JAMES AVENUE, PETERBOROUGH, CITY OF PETERBOROUGH, PE1 5BL | £130,000 | 27/05/2022 | Flat |
| 134 HARTLEY AVENUE, PETERBOROUGH, CITY OF PETERBOROUGH, PE1 5FT | £135,000 | 27/05/2022 | Flat |
| [Same street] 56 HAMMONDS DRIVE, FENGATE, PETERBOROUGH, CITY OF PETERBOROUGH, PE1 5AA | £60,750 | 10/05/2022 | Flat |
| [Same street] 36 HAMMONDS DRIVE, FENGATE, PETERBOROUGH, CITY OF PETERBOROUGH, PE1 5AA | £130,000 | 29/04/2022 | Flat |
| [Same street] 124 HAMMONDS DRIVE, FENGATE, PETERBOROUGH, CITY OF PETERBOROUGH, PE1 5AA | £33,750 | 28/04/2022 | Flat |
| 152 HARTLEY AVENUE, PETERBOROUGH, CITY OF PETERBOROUGH, PE1 5FT | £145,000 | 17/04/2022 | Flat |
| 17 JAMES AVENUE, PETERBOROUGH, CITY OF PETERBOROUGH, PE1 5BL | £135,000 | 08/04/2022 | Flat |
| 30 JAMES AVENUE, PETERBOROUGH, CITY OF PETERBOROUGH, PE1 5BL | £145,000 | 08/04/2022 | Flat |
| 25 HAMMONDS DRIVE, FENGATE, PETERBOROUGH, CITY OF PETERBOROUGH, PE1 5AZ | £141,500 | 18/03/2022 | Flat |
| 236 HAMMONDS DRIVE, FENGATE, PETERBOROUGH, CITY OF PETERBOROUGH, PE1 5AX | £106,000 | 04/03/2022 | Flat |
| [Same street] 32 HAMMONDS DRIVE, FENGATE, PETERBOROUGH, CITY OF PETERBOROUGH, PE1 5AA | £115,000 | 17/09/2021 | Flat |

**Street average:** £108,000 (11 sales)
**Area average:** £136,475 (20 sales)

## Price vs local average

*Outcode + property type (HousePrices, last 2 years).*

- **Local average:** £101,656 (12 Flat, PE1, 2024–2026)
- **Deviation:** +28.9%

## Rental Range

*ONS Price Index of Private Rents (Peterborough). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £883/mo
- **Realistic:** £981/mo
- **Optimistic:** £1,079/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for Peterborough (Apr 2025 – Mar 2026).*

- **LHA floor (this property size):** £698/mo

## 1% Rule

- **Rent ratio:** 0.75% (weak for cashflow)
- **Max investor price (0.8%):** £122,625
- **Target investor price (1%):** £98,100

*Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on Area rent estimate.*

## Price per Square Metre

- **£/m²:** £1,770/m²

## Capital growth trend

*Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.*

- **5y growth:** -25.8%
- **10y growth:** -24.7%

## House Price Index (HM Land Registry)

*Official index for City of Peterborough; Flats and maisonettes series; as of April 2026.*

- **1y growth (index):** -2.4%
- **5y growth (index):** 6%
- **10y growth (index):** 28.5%

## Flood risk

- **Zone:** 1
- **Risk:** Low
- **Source:** Job (default Low)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)

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Property details

Tenure

LEASEHOLD

Floor area

74 m²

EPC rating

Year built

England and Wales: 2007-2011

Last sold

£100,000 Jul 2024

Price per m²

£1,770/m²

Local average

£101,656 (+28.9%)

Street crime

662 incidents within 1 mile (May 2026)

Key features

***Investors only***
Spacious 2-bedroom apartment
Open-Plan Living/Dining Area
High tenant demand
Excellent local amenities
Hands-off Investment

Description

CityRise are thrilled to present this investment opportunity in Peterborough. This modern and stylish 2-bedroom, 1 bathroom apartment is tailor-made for first time investors and for those who are looking to expand their investment portfolio. Located in a sought-after area with access to essential amenities, this property offers convenience and comfort to potential tenants.

Boasting a sleek design and efficient layout, this apartment is primed for excellent rental income potential. The open-plan living area provides a welcoming space for tenants, while the well-appointed bedrooms offer privacy and relaxation. Investors will appreciate the low maintenance cost of this property, ensuring a high return on investment.

In addition to its attractive features, this apartment benefits from being situated in a growing rental market in Peterborough, making it a lucrative investment opportunity. Don't miss your chance to acquire this exclusive property designed for investors seeking long-term financial gains.

Please get in touch with us if you wish to discuss this property investment or other buy to let opportunities.

Council Tax Band - B
EPC - C

Ref No: 10008

About CityRise

CityRise has continued with the same ethos it was founded upon; tailor-making the best property investment solutions across the UK to suit our client’s investment goals. As a company, we adopt an authentic and personal approach whilst guiding you to the right investment. Regardless of whether you are adding to an existing portfolio, or are a first-time investor, our team of experts will be with you from start to finish. You will receive independent, professional advice whilst we search the market for the property that best suits your strategy and goals.

Listed by

Leeds

CityRise Ltd

Reference: 89773779

EPC Rating & Upgrade Cost

Current rating: B

Potential rating: B

Inspection date: 27/03/2024

Expiry date: 26/03/2034

Current heating cost: £371/year

Potential heating cost: £371/year

View full EPC on gov.uk

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Price history

-18% since 2016

Event	Date	Price	% change
Listed for sale	—	£131,000	+31%
Sold	01/07/2024 (2 years ago)	£100,000	-20%
Sold	05/03/2020 (6 years ago)	£125,000	+2%
Sold	05/08/2016 (9 years ago)	£122,500	—

Source: HM Land Registry Price Paid Data. Crown copyright.

Sold Comparables

Same street and nearby sales within 0.25 miles (last 5 years). Data from Land Registry Price Paid.

Address	Price	Date	Type
188 HAMMONDS DRIVE, FENGATE, PETERBOROUGH, CITY OF PETERBOROUGH, PE1 5AX	£130,000	26/09/2025	Flat
Same street 72 HAMMONDS DRIVE, FENGATE, PETERBOROUGH, CITY OF PETERBOROUGH, PE1 5AA	£123,000	24/02/2025	Flat
32 JAMES AVENUE, PETERBOROUGH, CITY OF PETERBOROUGH, PE1 5BL	£140,000	06/12/2024	Flat
23 JAMES AVENUE, PETERBOROUGH, CITY OF PETERBOROUGH, PE1 5BL	£145,000	26/10/2023	Flat
1 MILLER WAY, FENGATE, PETERBOROUGH, CITY OF PETERBOROUGH, PE1 5BD	£145,000	26/10/2023	Flat
6 FLAT 1 ATKINSON STREET, PETERBOROUGH, CITY OF PETERBOROUGH, PE1 5HW	£114,000	24/10/2023	Flat
238 HAMMONDS DRIVE, FENGATE, PETERBOROUGH, CITY OF PETERBOROUGH, PE1 5AX	£122,000	20/10/2023	Flat
20 HARTLEY AVENUE, PETERBOROUGH, CITY OF PETERBOROUGH, PE1 5FT	£145,000	29/09/2023	Flat
Same street 70 HAMMONDS DRIVE, FENGATE, PETERBOROUGH, CITY OF PETERBOROUGH, PE1 5AA	£130,000	12/06/2023	Flat
9 RUDD CLOSE, FENGATE, PETERBOROUGH, CITY OF PETERBOROUGH, PE1 5BE	£145,000	12/06/2023	Flat
270 HAMMONDS DRIVE, FENGATE, PETERBOROUGH, CITY OF PETERBOROUGH, PE1 5AX	£145,000	12/05/2023	Flat
15 RUDD CLOSE, FENGATE, PETERBOROUGH, CITY OF PETERBOROUGH, PE1 5BE	£147,000	05/05/2023	Flat
Same street 72 HAMMONDS DRIVE, FENGATE, PETERBOROUGH, CITY OF PETERBOROUGH, PE1 5AA	£86,000	03/03/2023	Flat
Same street 66 HAMMONDS DRIVE, FENGATE, PETERBOROUGH, CITY OF PETERBOROUGH, PE1 5AA	£122,000	13/12/2022	Flat
220 HAMMONDS DRIVE, FENGATE, PETERBOROUGH, CITY OF PETERBOROUGH, PE1 5AX	£146,000	31/10/2022	Flat
Same street 132 HAMMONDS DRIVE, FENGATE, PETERBOROUGH, CITY OF PETERBOROUGH, PE1 5AA	£120,000	01/08/2022	Flat
Same street 24 HAMMONDS DRIVE, FENGATE, PETERBOROUGH, CITY OF PETERBOROUGH, PE1 5AA	£143,000	22/07/2022	Flat
8 MILLER WAY, FENGATE, PETERBOROUGH, CITY OF PETERBOROUGH, PE1 5BD	£143,000	08/07/2022	Flat
Same street 130 HAMMONDS DRIVE, FENGATE, PETERBOROUGH, CITY OF PETERBOROUGH, PE1 5AA	£124,500	30/06/2022	Flat
232 HAMMONDS DRIVE, FENGATE, PETERBOROUGH, CITY OF PETERBOROUGH, PE1 5AX	£125,000	25/06/2022	Flat
23 JAMES AVENUE, PETERBOROUGH, CITY OF PETERBOROUGH, PE1 5BL	£130,000	27/05/2022	Flat
134 HARTLEY AVENUE, PETERBOROUGH, CITY OF PETERBOROUGH, PE1 5FT	£135,000	27/05/2022	Flat
Same street 56 HAMMONDS DRIVE, FENGATE, PETERBOROUGH, CITY OF PETERBOROUGH, PE1 5AA	£60,750	10/05/2022	Flat
Same street 36 HAMMONDS DRIVE, FENGATE, PETERBOROUGH, CITY OF PETERBOROUGH, PE1 5AA	£130,000	29/04/2022	Flat
Same street 124 HAMMONDS DRIVE, FENGATE, PETERBOROUGH, CITY OF PETERBOROUGH, PE1 5AA	£33,750	28/04/2022	Flat
152 HARTLEY AVENUE, PETERBOROUGH, CITY OF PETERBOROUGH, PE1 5FT	£145,000	17/04/2022	Flat
17 JAMES AVENUE, PETERBOROUGH, CITY OF PETERBOROUGH, PE1 5BL	£135,000	08/04/2022	Flat
30 JAMES AVENUE, PETERBOROUGH, CITY OF PETERBOROUGH, PE1 5BL	£145,000	08/04/2022	Flat
25 HAMMONDS DRIVE, FENGATE, PETERBOROUGH, CITY OF PETERBOROUGH, PE1 5AZ	£141,500	18/03/2022	Flat
236 HAMMONDS DRIVE, FENGATE, PETERBOROUGH, CITY OF PETERBOROUGH, PE1 5AX	£106,000	04/03/2022	Flat
Same street 32 HAMMONDS DRIVE, FENGATE, PETERBOROUGH, CITY OF PETERBOROUGH, PE1 5AA	£115,000	17/09/2021	Flat

Street average: £108,000 (11 sales)

Area average: £136,475 (20 sales)

Capital growth trend

Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).

5y growth -25.8%

10y growth -24.7%

House Price Index (HM Land Registry — official index, not sold-price averages): City of Peterborough. Series: Flats and maisonettes. As of April 2026.

1y (index) -2.4%

5y (index) 6%

10y (index) 28.5%

Rental Range

Estimated market rent for Peterborough. Low = conservative, Realistic = average, Optimistic = best case.

Low £883/mo

Realistic £981/mo

Optimistic £1,079/mo

Based on Local Authority from postcode lookup → Peterborough.

LHA (30th percentile) floor for Peterborough: £698/mo (Apr 2025 – Mar 2026)

Location

Map view View on Google Maps View on OpenStreetMap Street View PE1 5AA

Nearby

Nearest stations, universities and amenities (distance from property).

Type	Name	Distance
Shop	Howdens Joinery	0.1 miles
Shop	Crown Decorating Centre	0.1 miles
Bus stop	Unknown	0.2 miles
Bus stop	Star Inn	0.2 miles
University	ARU Peterborough	0.3 miles
University	City College Peterborough	0.6 miles
Train station	Peterborough (NVR)	0.8 miles
Train station	Peterborough	1.0 miles
Hospital	Peterborough City Hospital	2.3 miles
Hospital	Unknown	2.9 miles

Street-level crime

Category	Count
Violence and sexual offences	239
Anti-social behaviour	121
Shoplifting	58
Public order	56
Criminal damage and arson	39
Other theft	33
Drugs	21
Vehicle crime	20
Other crime	15
Burglary	13
Theft from the person	13
Robbery	12
Bicycle theft	11
Possession of weapons	11
Total incidents	662

Within 1 mile during May 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name	Type	Distance	Ofsted
Bishop Creighton Academy	Primary	0.3 miles	Good — 26 Nov 2023
Clare Lodge	Other	0.6 miles	— (No rating)
NeneGate	Other	0.7 miles	Good — 22 Nov 2017
Lime Academy Abbotsmede	Primary	0.7 miles	Good — 28 Apr 2022
Stanground St Johns CofE Primary School	Primary	0.7 miles	Good — 10 Jul 2018

Rental Comparables

Rental listings exist nearby, but none matched the 2-bedroom count for this property.

Rent-driven metrics

Based on Area rent estimate.

Rent ratio 0.75%

Max investor price (0.8%) £122,625

Target investor price (1%) £98,100

Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
Gross yield — Annual rent as % of purchase price (no costs).

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