Summary - 7 GEORGE STREET PETERBOROUGH PE2 9PD
5 bed 1 bath House Share
Turnkey five‑bed investment with attractive income and modern finishes.
5 double bedrooms ready for immediate letting
Newly renovated throughout; minimal immediate refurbishment needed
Projected gross annual income £26,736 (approx. 10.91% gross yield)
One shared bathroom; communal kitchen/diner layout
Small overall size and small garden/plot
Local area classified as deprived; high recorded crime
Tenure unknown — buyer must verify ownership and licensing
Excellent mobile signal and fast broadband speeds
A compact, newly renovated five-bedroom house-share offered as a turnkey rental investment in central Peterborough. Refurbished rooms and communal living spaces are sized for efficient lettings, producing a projected gross annual income of £26,736 (approx. 10.91% gross yield at the asking price of £245,000).
The property contains five bedrooms and one bathroom with a communal kitchen/diner arrangement; layout suits professionals, students or key workers seeking affordable, central accommodation. Fast broadband and excellent mobile signal support modern tenancy needs and make the property easy to let.
Buyers should note material constraints: the overall plot and rooms are small, the local area is classified as deprived, and recorded local crime is high. Tenure details are not provided, and any purchaser should confirm tenure, local licensing requirements for shared houses, and running costs prior to exchange.
For investors targeting yield, this property’s recent renovation reduces immediate capital expenditure and offers near-term rental income. Be realistic about management responsibilities, compliance checks, and the area’s social challenges when budgeting for ongoing management and voids.
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