Summary - 210 CRABTREE PASTON PETERBOROUGH PE4 7EL
4 bed 3 bath End of Terrace
Income-producing four-bed with tenants in situ and short lease to review.
• Four bedrooms and three bathrooms, currently let with steady rental income
• Reported gross annual income £16,008 — immediate cashflow
• Leasehold with 21 years remaining — lenders may refuse mortgages
• Small overall size; modest private rear garden and on-street parking
• Area: very deprived neighbourhood — affects long-term capital growth
• Long-term tenants wish to remain — reduced void risk, tenancy transfer needed
• External condition appears basic; internal inspection and possible refurbishment advised
This four-bedroom end-of-terrace is offered as a buy-to-let with long-term tenants and immediate income. The property produces a reported gross annual income of £16,008, making it suitable for investors seeking an income-producing addition to a portfolio. On-street parking and a private rear garden add tenant appeal, while the mid-20th-century exterior indicates a straightforward suburban property profile.
There are important tenure and condition considerations. The property is leasehold with only 21 years remaining; many mortgage lenders may refuse to lend until the lease is extended. The overall footprint is described as small and the area records high deprivation, which will affect capital-growth prospects and tenant demand profiles. Buyers should factor potential refurbishment and any necessary legal costs to extend the lease into their appraisal.
Current tenants wish to remain in situ and have a record of timely payments, which reduces re-letting risk but means any purchaser should review the existing tenancy terms and the Let Property Pack carefully. Practical next steps for interested investors are to obtain full tenancy documentation, a recent rent schedule, interior photographs, a floorplan, and confirmation of service charges or ground rent obligations prior to exchange.
This listing is targeted at experienced investors or developers who can manage lease extension processes and refurbishment where required. It offers immediate rental yield but also carries material legal and market risks that require due diligence.
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