Sold STC Flat

FLAT 26

THE APEX, 2, OUNDLE ROAD, PETERBOROUGH, CITY OF PETERBOROUGH PE2 8AT

2 beds 2 baths 764 sq ft Listed 17 Jun 2025 (-400d)

£125,000

Reduced on 11 Aug 2025

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# 2 bedroom flat for sale (PE2 8AT)

## Property Details

| Key | Value |
|-----|-------|
| Address | FLAT 26, THE APEX, 2, OUNDLE ROAD, PETERBOROUGH, CITY OF PETERBOROUGH PE2 8AT |
| Price | £125,000 |
| Bedrooms | 2 |
| Bathrooms | 2 |
| Council tax | C |
| Construction age | England and Wales: 1976-1982 |
| Floor area | 71 m² |
| Last sold | £120,000 Jan 2026 |

## EPC Rating & Upgrade Cost

- **Current rating:** C
- **Potential rating:** C
- **Expiry date:** 17/06/2035
- **Current heating cost:** £970/year
- **Est. upgrade cost to C:** £3,000

### Recommendations
- B (£900 - £1,500)
- L2 (£1,200 - £2,400)

[View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/9888-3051-4206-9855-8200)

## Description

*IDEAL FIRST TIME OR INVESTMENT PURCHASE* *CITY CENTRE* *7th FLOOR FLAT WITH LIFT* *WALKING DISTANCE TO TRAIN STATION* *NO CHAIN*

Regal Park are pleased to offer this well presented 7th Floor Flat in the popular location of The Apex on Oundle Road. The property is situated in the city centre, within walking distance to train station and comprises of: Entrance Hall, Lounge/Dining Room open to Kitchen, Bedroom 1 with En-Suite, Bedroom 2 and a Bathroom.

There is an allocated parking space.

Viewings Highly Recommended.

No Chain.

EPC: C

**Entrance Hall** - Electric storage heater, laminate flooring, intercom, entry phone, storage cupboard with hot water cylinder, door to:

**Lounge/Dining Room** - 4.76m x 3.71m (15'7" x 12'2") - UPVC double glazed window, electric storage heater, laminate flooring, telephone point, TV point, door.

**Kitchen** - 3.68m x 1.97m (12'1" x 6'6") - Fitted with a matching range of base and eye level units with worktop space over, stainless steel sink unit with mixer tap, integrated fridge, plumbing for washing machine, fitted electric oven, built-in electric hob with extractor hood over, two uPVC double glazed windows, laminate flooring, open plan, door to:

**Bedroom 1** - 3.63m x 3.59m (11'11" x 11'9") - UPVC double glazed window, fitted carpet, telephone point, door to:

**En-Suite** - Fitted with three piece suite comprising pedestal wash hand basin, tiled shower cubicle with fitted shower over and low-level WC, uPVC double glazed window, heated towel rail, tiled flooring, door to:

**Bedroom 2** - 2.00m x 3.81m (6'7" x 12'6") - UPVC double glazed window, electric storage heater, fitted carpet, door to:

**Bathroom** - Fitted with three piece suite comprising deep panelled bath with shower attachment over and glass screen, pedestal wash hand basin and low-level WC, heated towel rail, tiled flooring.

**Outside** - There is an allocated parking space.

**Leasehold Information** - The vendor has advised the following information;

Length of remaining Lease: 103 years

Ground Rent: £120 per annum

Service Charge: £1,807.28 per annum.

## Property Photos

- ![Front](/listings/photos/163405394/851757) - Front
- ![Lounge/Dining Room](/listings/photos/163405394/851758) - Lounge/Dining Room
- ![Kitchen](/listings/photos/163405394/851759) - Kitchen
- ![Lounge/Dining Room](/listings/photos/163405394/851760) - Lounge/Dining Room
- ![Lounge/Dining Room](/listings/photos/163405394/851761) - Lounge/Dining Room
- ![Lounge/Dining Room](/listings/photos/163405394/851762) - Lounge/Dining Room
- ![Lounge/Dining Room](/listings/photos/163405394/851763) - Lounge/Dining Room
- ![Kitchen](/listings/photos/163405394/851764) - Kitchen
- ![Kitchen](/listings/photos/163405394/851765) - Kitchen
- ![Kitchen](/listings/photos/163405394/851766) - Kitchen
- ![Kitchen](/listings/photos/163405394/851767) - Kitchen
- ![Bedroom 1](/listings/photos/163405394/851768) - Bedroom 1
- ![Bedroom 1](/listings/photos/163405394/851769) - Bedroom 1
- ![En-suite](/listings/photos/163405394/851770) - En-suite
- ![En-suite](/listings/photos/163405394/851771) - En-suite
- ![Bedroom 2](/listings/photos/163405394/851772) - Bedroom 2
- ![Bedroom 2](/listings/photos/163405394/851773) - Bedroom 2
- ![Bathroom](/listings/photos/163405394/851774) - Bathroom
- ![Bathroom](/listings/photos/163405394/851775) - Bathroom
- ![Outside](/listings/photos/163405394/851776) - Outside
- ![Front](/listings/photos/163405394/851777) - Front
- ![Front](/listings/photos/163405394/851778) - Front
- ![View](/listings/photos/163405394/851779) - View

## Floorplans

- ![Floor Plan](/listings/photos/163405394/851780) - Floor Plan

## EPC Graphs

- ![EPC](/listings/photos/163405394/851781) - EPC

## Sales History

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

| Address | Price | Date | Type |
|---------|-------|------|------|
| THE APEX, 2 FLAT 26 OUNDLE ROAD, PETERBOROUGH, CITY OF PETERBOROUGH, PE2 8AT | £120,000 | 23/01/2026 | 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 |
|---------|-------|------|------|
| KITSON HOUSE 514 EAST STATION ROAD, FLETTON QUAYS, PETERBOROUGH, CITY OF PETERBOROUGH, PE2 8UD | £173,000 | 22/12/2025 | Flat |
| KITSON HOUSE 319 EAST STATION ROAD, FLETTON QUAYS, PETERBOROUGH, CITY OF PETERBOROUGH, PE2 8UB | £220,000 | 04/12/2025 | Flat |
| 42 CUBITT WAY, PETERBOROUGH, CITY OF PETERBOROUGH, PE2 9NG | £125,000 | 28/11/2025 | Flat |
| AVONSIDE HOUSE 413 EAST STATION ROAD, FLETTON QUAYS, PETERBOROUGH, CITY OF PETERBOROUGH, PE2 8UA | £250,000 | 28/03/2025 | Flat |
| THE APEX, 2 FLAT 8 OUNDLE ROAD, PETERBOROUGH, CITY OF PETERBOROUGH, PE2 8AT | £120,000 | 21/02/2025 | Flat |
| 39 REGAL PLACE, FLETTON, PETERBOROUGH, CITY OF PETERBOROUGH, PE2 9AP | £132,500 | 06/12/2023 | Flat |
| AVONSIDE HOUSE 207 EAST STATION ROAD, FLETTON QUAYS, PETERBOROUGH, CITY OF PETERBOROUGH, PE2 8ST | £257,500 | 01/12/2023 | Flat |
| 73 REGAL PLACE, FLETTON, PETERBOROUGH, CITY OF PETERBOROUGH, PE2 9AP | £126,000 | 24/11/2023 | Flat |
| 86 HAWKSBILL WAY, PETERBOROUGH, CITY OF PETERBOROUGH, PE2 8NW | £149,000 | 10/11/2023 | Flat |
| AVONSIDE HOUSE 604 EAST STATION ROAD, FLETTON QUAYS, PETERBOROUGH, CITY OF PETERBOROUGH, PE2 8UA | £201,500 | 03/11/2023 | Flat |
| KITSON HOUSE 113 EAST STATION ROAD, FLETTON QUAYS, PETERBOROUGH, CITY OF PETERBOROUGH, PE2 8UB | £241,000 | 26/10/2023 | Flat |
| 28 CUBITT WAY, PETERBOROUGH, CITY OF PETERBOROUGH, PE2 9NG | £150,000 | 20/07/2023 | Flat |
| ADMIRAL HOUSE FLAT 19 VIERSEN PLATZ, PETERBOROUGH, CITY OF PETERBOROUGH, PE1 1ES | £126,000 | 22/06/2023 | Flat |
| AVONSIDE HOUSE 614 EAST STATION ROAD, FLETTON QUAYS, PETERBOROUGH, CITY OF PETERBOROUGH, PE2 8UA | £196,000 | 31/03/2023 | Flat |
| CLARKSON HOUSE 217 MERLIN DRIVE, FLETTON QUAYS, PETERBOROUGH, CITY OF PETERBOROUGH, PE2 8UE | £245,000 | 13/03/2023 | Flat |
| AVONSIDE HOUSE 707 EAST STATION ROAD, FLETTON QUAYS, PETERBOROUGH, CITY OF PETERBOROUGH, PE2 8UA | £249,000 | 09/02/2023 | Flat |
| KITSON HOUSE 207 EAST STATION ROAD, FLETTON QUAYS, PETERBOROUGH, CITY OF PETERBOROUGH, PE2 8UB | £260,000 | 21/12/2022 | Flat |
| CLARKSON HOUSE 116 MERLIN DRIVE, FLETTON QUAYS, PETERBOROUGH, CITY OF PETERBOROUGH, PE2 8UE | £331,000 | 20/12/2022 | Flat |
| 15 CUBITT WAY, PETERBOROUGH, CITY OF PETERBOROUGH, PE2 9NF | £150,000 | 19/12/2022 | Flat |
| AVONSIDE HOUSE 710 EAST STATION ROAD, FLETTON QUAYS, PETERBOROUGH, CITY OF PETERBOROUGH, PE2 8UA | £265,000 | 16/12/2022 | Flat |

**Area average:** £198,375 (20 sales)

## Price vs local average

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

- **Local average:** £132,233 (15 Flat, PE2, 2024–2026)
- **Deviation:** -5.5%

## 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 Lincoln (Apr 2025 – Mar 2026).*

- **LHA floor (this property size):** £598/mo

## Rental Comparables

*Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.*

| Title | Rent | Beds | Distance | As seen on |
|------|------|------|------|------|
| 2 Bed Flat, Fletton, PE2 | £895/mo | 2 | 0.18 miles | OpenRent |

**Average rent: £895/mo (1 listing)**

## 1% Rule

- **Rent ratio:** 0.72% (weak for cashflow)
- **Max investor price (0.8%):** £111,875
- **Target investor price (1%):** £89,500

*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 OpenRent comparables.*

## Rent-driven metrics

*Based on OpenRent comparables (median £895/mo).*

- **Gross yield:** 8.6%
- **Cost-to-rent:** 11.6×
- **Monthly cashflow:** £288/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 9.5%

*Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).*

## Price per Square Metre

- **£/m²:** £1,761/m²

## Capital growth trend

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

- **5y growth:** -35.6%
- **10y growth:** 15%

## 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)

Front Lounge/Dining Room Kitchen Lounge/Dining Room Lounge/Dining Room Lounge/Dining Room Lounge/Dining Room Kitchen Kitchen Kitchen Kitchen Bedroom 1 Bedroom 1 En-suite En-suite Bedroom 2 Bedroom 2 Bathroom Bathroom Outside Front Front View

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Property details

Tenure

LEASEHOLD (103 years remaining on lease)

Floor area

71 m²

Council tax band

EPC rating

Year built

England and Wales: 1976-1982

Last sold

£120,000 Jan 2026

Price per m²

£1,761/m²

Local average

£132,233 (-5.5%)

Street crime

663 incidents within 1 mile (May 2026)

Key features

CITY CENTRE
WALKING DISTANCE TO TRAIN STATION
7th FLOOR FLAT WITH LIFT IN THE BLOCK
EN-SUITE TO MASTER BEDROOM
LOUNGE/DINING ROOM
KITCHEN
BATHROOM
PARKING SPACE
NO CHAIN

Additional details

Electricity: Mains supply
Water: Mains supply
Sewerage: Mains supply
Heating: Gas central
Parking: Yes

Description

*IDEAL FIRST TIME OR INVESTMENT PURCHASE* *CITY CENTRE* *7th FLOOR FLAT WITH LIFT* *WALKING DISTANCE TO TRAIN STATION* *NO CHAIN*
Regal Park are pleased to offer this well presented 7th Floor Flat in the popular location of The Apex on Oundle Road. The property is situated in the city centre, within walking distance to train station and comprises of: Entrance Hall, Lounge/Dining Room open to Kitchen, Bedroom 1 with En-Suite, Bedroom 2 and a Bathroom.
There is an allocated parking space.
Viewings Highly Recommended.
No Chain.

EPC: C

Entrance Hall - Electric storage heater, laminate flooring, intercom, entry phone, storage cupboard with hot water cylinder, door to:

Lounge/Dining Room - 4.76m x 3.71m (15'7" x 12'2") - UPVC double glazed window, electric storage heater, laminate flooring, telephone point, TV point, door.

Kitchen - 3.68m x 1.97m (12'1" x 6'6") - Fitted with a matching range of base and eye level units with worktop space over, stainless steel sink unit with mixer tap, integrated fridge, plumbing for washing machine, fitted electric oven, built-in electric hob with extractor hood over, two uPVC double glazed windows, laminate flooring, open plan, door to:

Bedroom 1 - 3.63m x 3.59m (11'11" x 11'9") - UPVC double glazed window, fitted carpet, telephone point, door to:

En-Suite - Fitted with three piece suite comprising pedestal wash hand basin, tiled shower cubicle with fitted shower over and low-level WC, uPVC double glazed window, heated towel rail, tiled flooring, door to:

Bedroom 2 - 2.00m x 3.81m (6'7" x 12'6") - UPVC double glazed window, electric storage heater, fitted carpet, door to:

Bathroom - Fitted with three piece suite comprising deep panelled bath with shower attachment over and glass screen, pedestal wash hand basin and low-level WC, heated towel rail, tiled flooring.

Outside - There is an allocated parking space.

Leasehold Information - The vendor has advised the following information;
Length of remaining Lease: 103 years
Ground Rent: £120 per annum
Service Charge: £1,807.28 per annum.

Listed by

Peterborough

Regal Park Property Company Limited

Reference: 163405394

EPC Rating & Upgrade Cost

Current rating: C

Potential rating: C

Inspection date: 18/06/2025

Expiry date: 17/06/2035

Current heating cost: £970/year

Potential heating cost: £714/year

Est. upgrade cost to C: £3,000

Recommendations

Cavity wall insulation (£900 - £1,500)
High heat retention storage heaters (£1,200 - £2,400)

View full EPC on gov.uk

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

Floor Plan

EPC Graphs

EPC

Price history

Event	Date	Price	% change
Sold	23/01/2026 (5 months ago)	£120,000	—

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
KITSON HOUSE 514 EAST STATION ROAD, FLETTON QUAYS, PETERBOROUGH, CITY OF PETERBOROUGH, PE2 8UD	£173,000	22/12/2025	Flat
KITSON HOUSE 319 EAST STATION ROAD, FLETTON QUAYS, PETERBOROUGH, CITY OF PETERBOROUGH, PE2 8UB	£220,000	04/12/2025	Flat
42 CUBITT WAY, PETERBOROUGH, CITY OF PETERBOROUGH, PE2 9NG	£125,000	28/11/2025	Flat
AVONSIDE HOUSE 413 EAST STATION ROAD, FLETTON QUAYS, PETERBOROUGH, CITY OF PETERBOROUGH, PE2 8UA	£250,000	28/03/2025	Flat
THE APEX, 2 FLAT 8 OUNDLE ROAD, PETERBOROUGH, CITY OF PETERBOROUGH, PE2 8AT	£120,000	21/02/2025	Flat
39 REGAL PLACE, FLETTON, PETERBOROUGH, CITY OF PETERBOROUGH, PE2 9AP	£132,500	06/12/2023	Flat
AVONSIDE HOUSE 207 EAST STATION ROAD, FLETTON QUAYS, PETERBOROUGH, CITY OF PETERBOROUGH, PE2 8ST	£257,500	01/12/2023	Flat
73 REGAL PLACE, FLETTON, PETERBOROUGH, CITY OF PETERBOROUGH, PE2 9AP	£126,000	24/11/2023	Flat
86 HAWKSBILL WAY, PETERBOROUGH, CITY OF PETERBOROUGH, PE2 8NW	£149,000	10/11/2023	Flat
AVONSIDE HOUSE 604 EAST STATION ROAD, FLETTON QUAYS, PETERBOROUGH, CITY OF PETERBOROUGH, PE2 8UA	£201,500	03/11/2023	Flat
KITSON HOUSE 113 EAST STATION ROAD, FLETTON QUAYS, PETERBOROUGH, CITY OF PETERBOROUGH, PE2 8UB	£241,000	26/10/2023	Flat
28 CUBITT WAY, PETERBOROUGH, CITY OF PETERBOROUGH, PE2 9NG	£150,000	20/07/2023	Flat
ADMIRAL HOUSE FLAT 19 VIERSEN PLATZ, PETERBOROUGH, CITY OF PETERBOROUGH, PE1 1ES	£126,000	22/06/2023	Flat
AVONSIDE HOUSE 614 EAST STATION ROAD, FLETTON QUAYS, PETERBOROUGH, CITY OF PETERBOROUGH, PE2 8UA	£196,000	31/03/2023	Flat
CLARKSON HOUSE 217 MERLIN DRIVE, FLETTON QUAYS, PETERBOROUGH, CITY OF PETERBOROUGH, PE2 8UE	£245,000	13/03/2023	Flat
AVONSIDE HOUSE 707 EAST STATION ROAD, FLETTON QUAYS, PETERBOROUGH, CITY OF PETERBOROUGH, PE2 8UA	£249,000	09/02/2023	Flat
KITSON HOUSE 207 EAST STATION ROAD, FLETTON QUAYS, PETERBOROUGH, CITY OF PETERBOROUGH, PE2 8UB	£260,000	21/12/2022	Flat
CLARKSON HOUSE 116 MERLIN DRIVE, FLETTON QUAYS, PETERBOROUGH, CITY OF PETERBOROUGH, PE2 8UE	£331,000	20/12/2022	Flat
15 CUBITT WAY, PETERBOROUGH, CITY OF PETERBOROUGH, PE2 9NF	£150,000	19/12/2022	Flat
AVONSIDE HOUSE 710 EAST STATION ROAD, FLETTON QUAYS, PETERBOROUGH, CITY OF PETERBOROUGH, PE2 8UA	£265,000	16/12/2022	Flat

Area average: £198,375 (20 sales)

Capital growth trend

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

5y growth -35.6%

10y growth 15%

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 Lincoln: £598/mo (Apr 2025 – Mar 2026)

Location

Map view View on Google Maps View on OpenStreetMap Street View PE2 8AT

Address

Oundle Road

Nearby

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

Type	Name	Distance
Bus stop	Town Bridge Corner	0.0 miles
Shop	Elton Cars	0.2 miles
Shop	Carmelo's	0.2 miles
Train station	Peterborough (NVR)	0.3 miles
University	ARU Peterborough	0.5 miles
Train station	Peterborough	0.7 miles
University	City College Peterborough	0.8 miles
Hospital	Peterborough City Hospital	2.0 miles
Hospital	Unknown	2.4 miles

Street-level crime

Category	Count
Violence and sexual offences	222
Anti-social behaviour	127
Shoplifting	56
Public order	54
Criminal damage and arson	36
Vehicle crime	35
Other theft	34
Drugs	20
Other crime	15
Burglary	14
Possession of weapons	14
Robbery	13
Theft from the person	12
Bicycle theft	11
Total incidents	663

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
St Augustine's CofE (Voluntary Aided) Junior School	Primary	0.4 miles	Good — 10 Oct 2017
Clare Lodge	Other	0.4 miles	— (No rating)
Brewster Avenue Infant School	Primary	0.5 miles	Good — 22 Jan 2014
Bishop Creighton Academy	Primary	0.5 miles	Good — 26 Nov 2023
Old Fletton Primary School	Primary	0.7 miles	Good — 14 Dec 2011

Rental Comparables

Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.

Title	Rent	Beds	Distance	As seen on
2 Bed Flat, Fletton, PE2	£895/mo	2	0.18 miles	OpenRent

Average rent: £895/mo (1 listing)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.72%

Max investor price (0.8%) £111,875

Target investor price (1%) £89,500

Gross yield 8.6%

Cost-to-rent ratio 11.6×

Monthly cashflow £288/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term

Cash-on-cash ROI 9.5%

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).
Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
Cashflow — Rent minus mortgage, 10% maintenance, £25/mo compliance. Assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term.
ROI — Annual profit ÷ cash in (deposit + 4% purchase costs).

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