# 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:** -34.7% - **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)