Summary - 2 Rasen Court PE1 5NR
2 bed 1 bath Terraced
Let-ready investment with energy-efficient heating and low-maintenance garden.
Long-term tenant in place for six years
A compact, let-ready mid-terrace offering a straightforward investment in central Peterborough. The property is freehold, arranged over two storeys with a fitted kitchen, lounge and small low-maintenance garden. It benefits from an air source heat pump and a current EPC rating of C, already addressing near-term landlord compliance requirements.
The long-standing tenant has occupied the house for six years and is reported to have a good payment record; they are looking to remain beyond the next renewal in August 2024. At about 571 sq ft, accommodation is modest — one double bedroom, one single bedroom and a three-piece bathroom — suiting single professionals or small households and reflecting typical buy-to-let layouts.
Important practical points: the area shows high crime levels and is classed as very deprived, which may affect tenant demand and rental yield expectations. The property is modern (built early 1990s) with double glazing noted, but some finishings and flooring appear dated and it may benefit from light refurbishment to maximise rent or resale value.
For investors seeking a low-management, centrally located buy-to-let with an energy-efficient heating system and a tenant already in place, this home is a pragmatic option. Factor in the neighbourhood profile and small footprint when assessing target rents and tenant mix.
2 bedroom terraced house for sale in Eaglesthorpe, Peterborough, PE1 — £180,000 • 2 bed • 1 bath • 1114 ft²
1 bedroom terraced house for sale in Lansdowne Walk, Peterborough, PE2 — £125,000 • 1 bed • 1 bath • 420 ft²
2 bedroom terraced house for sale in Charles Street, Peterborough, PE1 — £160,000 • 2 bed • 1 bath • 829 ft²
2 bedroom terraced house for sale in Whalley Street, Eastfield, Peterborough, PE1 — £160,000 • 2 bed • 1 bath • 812 ft²
2 bedroom terraced house for sale in St. Martins Street, Peterborough, Cambridgeshire, PE1 — £155,000 • 2 bed • 1 bath • 624 ft²
2 bedroom terraced house for sale in Padholme Road, Peterborough, PE1 — £150,000 • 2 bed • 1 bath • 646 ft²
