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2 bed flat for sale Cubitt Way, Peterborough, PE2

Asking price

£140,000

Added on 27/09/2026

Type: Flat
Bedrooms: 2
Bathrooms: 2
Size: £181 per sq ft
Tenure: Leasehold; 978 years left

Service charge £4,269 a yearGround rent £250 a year Council tax Band B £1,784 a year

Key features

Ground floor apartment
Private outdoor space
Allocated parking space
Integrated kitchen appliances
Two double bedrooms
En-suite to main bedroom
Open-plan kitchen/living area
Close to Peterborough city centre
Convenient for the train station
Ideal first-time buy or investment property

About this property

A well-presented two double bedroom ground floor apartment with its own outdoor space, allocated parking and excellent access to Peterborough city centre, the train station and A1. A great first home or smart investment opportunity.

Set on the ground floor and offering the added bonus of private outdoor space, this apartment combines practical living with a convenience. Step inside and you’ll find a spacious L-shaped entrance hall with built-in storage, leading through to a bright open-plan kitchen and living area. French doors open directly onto the garden space, creating an easy flow between indoors and out and giving the apartment a real sense of space.

Floorplan

Council tax

Band B £1,784 a year

Per year

Band A

£1,529
Band B

This home: £1,784
Band C

£2,039
Band D

£2,293
Band E

£2,803
Band F

£3,313
Band G

£3,822
Band H

£4,587

This home is in band B, which costs £1,784 a year in Peterborough for 2026/27.

Figures from MHCLG (Open Government Licence v3): the average bill for each band across Peterborough, including the typical parish precept, so a parish's own bill can differ a little. Discounts lower the bill, such as 25% off for an adult living alone. Check a home's band on GOV.UK.

Price guide

69 comparables · within 2.9 miles

Priced above 64% of the 2-bed flats for sale nearby right now.

This home, £140,000 Median £130,000 · £100,000 – £200,000

Per square foot

£181 14% under

2-bed flats nearby £212

Against sold prices

32% under

PE2 sold median £265 / sq ft, 1,146 sales

Compared with 69 2-bed flats for sale within 2.9 miles, on the market now or already under offer. The range is the middle 80% of their asking prices. Sold prices are HM Land Registry sales in PE2 over the last 24 months, per square foot of EPC floor area. All sold £/sq ft in PE2 →

Location

Cubitt Way, Peterborough, PE2

Open map Street View

Mortgage and stamp duty

Property price £140,000

£70k £210k

Deposit10% £14,000

£0 £140k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £126,000 mortgage. Most lenders would want a household income of about £28,000 to support it.

A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.

Properties sold nearby

HM Land Registry sales nearby. Floor areas from Energy Performance Certificates where matched.

Address	Type	Sold	Size	Size	£/sq ft	Price
97, Cubitt Way Flat / maisonette	Flat / maisonette	Sept 2025	700 sq ft £164/sq ft	700 sq ft	£164	£115,000
35, Cubitt Way Flat / maisonette	Flat / maisonette	Apr 2025	786 sq ft £172/sq ft	786 sq ft	£172	£135,000
117, Cubitt Way Flat / maisonette	Flat / maisonette	Jan 2025	775 sq ft £166/sq ft	775 sq ft	£166	£129,000
95, Cubitt Way Flat / maisonette	Flat / maisonette	Oct 2024	947 sq ft £186/sq ft	947 sq ft	£186	£176,500
83, Cubitt Way Flat / maisonette	Flat / maisonette	Oct 2023	1,109 sq ft £144/sq ft	1,109 sq ft	£144	£160,000
31, Cubitt Way Flat / maisonette	Flat / maisonette	Sept 2022	635 sq ft £224/sq ft	635 sq ft	£224	£142,000
17, Cubitt Way Flat / maisonette	Flat / maisonette	Aug 2022	732 sq ft £198/sq ft	732 sq ft	£198	£145,000
89, Cubitt Way Flat / maisonette	Flat / maisonette	Jun 2022	775 sq ft £174/sq ft	775 sq ft	£174	£135,000