Income-ready property near city hospital and transport links for savvy investors.
8 generous bedrooms including multiple en-suites and shared bathrooms
This large Victorian semi-detached property in West Town, Peterborough, is presented as an established HMO/Airbnb and suits an investor seeking immediate income. The house offers eight generous bedrooms, multiple modern bathrooms including en-suites, and spacious communal living and dining areas that work well for short-term or long-term lets.
A separate two-bedroom flat with its own kitchen and bathroom plus an enclosed rear garden adds flexibility—retain as part of the HMO or let independently to boost yield. Off-street parking for several vehicles and a decent plot are valuable in this area and help tenant appeal, especially near the city centre, hospital, train station and major road links.
Buyers should be aware this is a period property built before 1900 with solid brick walls and no known insulation; external wear and peeling paintwork are visible and will need decorating and likely further remedial works. The wider area is deprived with above-average crime, which can impact management costs and insurance.
Financially this is a clear income-led opportunity: strong local rental demand and flexible layout support high occupancy, but factor in potential refurbishment, ongoing HMO compliance, and recommended surveys for services, wiring and heating. The property is freehold and council tax is described as affordable.
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