PE1 1PZ - Land for sale in Westgate, Peterborough, PE1

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Land for sale in Westgate, Peterborough, PE1

Summary - 33A, WESTGATE PE1 1PZ

1 bed 1 bath Land

**Key Features:**
- Prime town center location on Westgate, opposite a new residential development
- Large mixed-use property with 13 fully rented apartments and two retail shops
- Newly renovated with excellent condition and strong street presence
- Total area of approximately 9,106 sq ft, offering ample rental potential
- Current income of £213,200 per annum, predominantly from residential units
- Freehold tenure, chain-free, and potential for further investment or renovation

**Summary:**
Set in the vibrant heart of Peterborough, Walker House presents an exceptional investment opportunity combining residential and commercial spaces. The property boasts a prominent position on Westgate, just steps away from the bustling shopping and transportation hubs, making it ideal for tenants seeking convenience. With a total area exceeding 9,100 sq ft, the recently renovated building comprises 13 spacious apartments on the upper floors and two retail outlets on the ground level, generating a lucrative annual income of £213,200.

The area is rapidly developing, highlighted by the proposed nearby residential project that hints at future value appreciation. While the property is in excellent condition, prospective buyers should note the surrounding urban environment may have a higher crime rate and the reported slow broadband speeds. Nonetheless, this unique opportunity, priced at £2,650,000, invites investors and first-time buyers to envision their place in this evolving community. Don't miss out on this prime asset in one of the UK's fastest-growing cities!

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