Investment-ready three-bed terraced house, tenants in situ, walking distance to city centre.
Three-bedroom Victorian mid-terrace, approximately 711 sq ft
A compact Victorian mid-terrace presented as a straightforward investment in central Peterborough. The property offers three bedrooms, a living room with original fireplace, kitchen/diner and an enclosed rear garden — all arranged across approximately 711 sq ft. It is sold with tenants in situ, providing immediate rental income potential.
Built before 1900, the house has period character but also some practical considerations: solid brick walls likely lack cavity insulation and heating relies on electric storage heaters. These factors mean buyers should budget for energy-efficiency improvements and potential modernisation to lift EPC and tenant appeal.
Location is a strong draw for investors: walking distance to Peterborough city centre, local amenities, schools and public transport. There is no flood risk and council tax is low (Band A). Conversely, the property sits in a very deprived area with higher local crime — important for realistic rental forecasting and management planning.
For a buyer seeking a value-add rental, this mid-terrace offers clear upside through refurbishments (insulation, heating upgrade, kitchen/bathroom refresh) while delivering immediate income from the existing tenancy. All necessary surveys and checks are recommended before purchase to confirm scope and costs.
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