Rosedale Property Agents says ..

Property Oracle says ..

This two-bedroom apartment on Hammonds Drive in Peterborough offers a potentially attractive proposition for first-time buyers or investors. The location is a significant advantage, with proximity to the city centre and the new university likely to drive rental demand. Transport links are also reasonably convenient. The apartment itself appears well-maintained, with a modern kitchen and bathroom. While there is some minor wear and tear, it is not in need of significant renovations. However, the lack of a garden or significant outdoor space is a notable drawback. The price of £160,000 seems to be competitive with similar properties in the area; more precise analysis would be possible with detailed pricing data for comparable apartments including their respective square footage. Potential buyers should also independently verify the quality of nearby schools and investigate the specifics of the building’s management and any associated fees. Overall, the property is reasonably presented and located for its price point, but prospective buyers should carefully consider the trade-offs between location and the absence of substantial land ownership.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Images