Prosperity Wealth

Priestgate House



As one of the UK’s fastest growing, yet historic cities, it has an incredibly vibrant arts, culture and heritage community with levels of activity not typically found in communities of comparable size, thanks to a year-round events and festival calendar.

Prominently located in the centre of Peterborough, this high grade residential development offers a mix of 7 one bedroom and 29 two bedroom apartments.

At the junction of Bourges Boulevard and Priestgate, the site is well situated to take advantage of multiple amenities within walking distance, including the popular Queensgate Shopping Centre and mainline railway station.

Key points

  • Property type:
    5 storey residential conversion
  • Location:
  • Units available:
    36 in total, 1 & 2 bed apartments.
  • Guide price:
    £132,995 – £189,995
  • Predicted yield:
    Predicted yield at sale: 7.43% – 9.37%

Status: Build almost complete

Estimated completion: December 2016

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The latest Development updates

Completion at Priestgate

See photos from our visit this week to Priestgate House Peterborough.

Final 16 units are being completed this month with handovers already underway.

New Priestgate House

Peterborough Progress

  • Level 2 walls skimmed
  • Level 3 final decoration nearing completion
  • Level 4 flooring going in
  • Level 5 kitchens are nearly all in situ
  • Communal areas are being finished generally throughout the development

En-suite shower pod

Level 5 kitchen installation

Priestgate front of site

Sept update from Priestgate

Level 5 has now been skimmed

Level 4 – all kitchens are in and most of the bathrooms, 2nd fix decs have started

Level 2 – all framework is in and first fix electrics done, awaiting boarding and skimming

Post boxes installed and new bin store completed

Upcoming works next 4 weeks

  • Level 5 kitchen installation to commence
  • Level 2 boarding out and skimming of the walls
  • Level 4 finishing off kitchens and bathrooms
  • Level 3 kitchens and bathrooms final fixes
  • Work on the penthouse will begin

Kitchens almost complete !

Good progress at Priestgate

  • Levels 3 & 4 – Kitchens and bathrooms 95% complete
  • Level 5 stripped out, completed and units partitioning nearly finished
  • Level 4 second fix decorating , flooring fitted

Plan for next 4 weeks – to continue with Level 5 fit- out, with first fix electrics and draining going in plus finishing off  incomplete units in lower floors.

Plastering now complete

Plastering completed on level 3 and 4 - kitchen installation in full swing!

December - site update

●Level 4 north block apartments have been constructed and plastered, with first fix plumbing and electrics completed
●Additional insulation added
●Level 3 south block apartments currently have been constructed and first fixes are being undertaken
●Ventilation systems are being installed
●New communal toilets have been completed
●Demolition works have been completed on Level 6
●Structural steel drawing just received and we are out for penthouse pricing
●Redundant plant and equipment has been removed
●Water supply pipes and electricity supply cables have been installed for above levels
●First fixes installed for door entry systems, telephones, and TV systems have been completed
●Water supply systems for the communal areas have been modernised and upgraded
●Additional window units have been installed in locations needed
●Water cylinders have been ordered and due for delivery early December
●Kitchen layouts being worked on
●Interior design team have been working on colour schemes and styles for decorating and kitchen units
●Materials have been forward purchased for remaining levels, including plasterboard, insulation, metal, and plumbing supplies