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2 bed flat for sale Cubitt Way, Peterborough, PE2

Offers in excess of

£145,000

Added on 26/09/2026

Type: Flat
Bedrooms: 2
Bathrooms: 2
Size: £178 per sq ft
Tenure: Leasehold; 978 years left(from the agent's description)

Service charge £3,334 a yearGround rent £250 a year

* From the agent's description. Check it with them before you rely on it.

Key features

Allocated parking
Two double bedrooms
Ensuite
First floor flat
Open plan living
Close to the city centre
Number of years left on lease: 978 years
Annual service charge: £3,334
Annual ground rent: £250
Annual ground rent review period: Contact branch
Ground rent increase: Contact branch

About this property

A spacious and well-presented two double bedroom first floor flat, ideally situated on the popular Cubitt Way. This attractive property offers generous living accommodation throughout, making it perfect for first-time buyers, investors or those looking to downsize.

The property comprises a bright and airy lounge/dining room, providing ample space for both relaxation and entertaining. The separate fitted kitchen offers a range of wall and base units with work surfaces over, along with space for essential appliances.

Floorplan

Council tax

Ask agent

Per year

Band A

£1,529
Band B

£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

The agent hasn't said which band this home is in; you can look it up on GOV.UK. In Peterborough, 2026/27 bills run from £1,529 a year in band A to £4,587 in band H.

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.

Price guide

69 comparables · within 2.9 miles

Priced above 71% of the 2-bed flats for sale nearby right now.

This home, £145,000 Median £130,000 · £100,000 – £200,000

Per square foot

£178 16% under

2-bed flats nearby £212

Against sold prices

33% 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 £145,000

£72k £218k

Deposit10% £15,000

£0 £145k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £130,000 mortgage. Most lenders would want a household income of about £29,000 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
42, Cubitt Way Flat / maisonette	Flat / maisonette	Nov 2025	797 sq ft £157/sq ft	797 sq ft	£157	£125,000
32, Cubitt Way Flat / maisonette	Flat / maisonette	Nov 2023	786 sq ft £185/sq ft	786 sq ft	£185	£145,000
28, Cubitt Way Flat / maisonette	Flat / maisonette	Jul 2023	797 sq ft £188/sq ft	797 sq ft	£188	£150,000
44, Cubitt Way Flat / maisonette	Flat / maisonette	Aug 2022	614 sq ft £204/sq ft	614 sq ft	£204	£125,000
128, Cubitt Way Flat / maisonette	Flat / maisonette	May 2022	n/a	n/a	n/a	£152,500
38, Cubitt Way Detached	Detached	Dec 2021	807 sq ft £175/sq ft	807 sq ft	£175	£141,000
44, Cubitt Way Flat / maisonette	Flat / maisonette	May 2019	614 sq ft £171/sq ft	614 sq ft	£171	£105,000
40, Cubitt Way Flat / maisonette	Flat / maisonette	Mar 2019	807 sq ft £185/sq ft	807 sq ft	£185	£149,000