Freehold large plot with outline consent for four dwellings — investor development opportunity in PE1.
Freehold large plot with existing dwelling
A rare freehold development parcel in PE1 combining an existing semi-detached house and a very large plot with outline planning consent for four dwellings and parking (Peterborough City Council REF: 21/01921/OUT). The site includes established accommodation that can be retained for rental income or sold while the new-build potential is progressed.
This is an opportunity aimed at developers and investors prepared to work in an inner-urban, high-demand rental market. Infrastructure is in place: off-street parking, excellent mobile signal, fast broadband and no flood risk. Nearby schools include Fulbridge Academy (Outstanding) and Queen Katharine Academy (Good), which supports lettings to families.
Important cautions are clear and factual: the area records high crime rates and is classified as very deprived. The dataset contains inconsistent bedroom information (advertised description details a three-bedroom house, while structured data lists one bedroom) — buyers should verify the existing dwelling before exchange. Planning consent is outline only; reserved matters and full approvals will be necessary before construction.
This plot suits an investor or small developer comfortable with urban refurbishment and planning progression. Prepare for additional site surveys, full planning submissions, and measures to mitigate local crime-related issues when marketing new homes or lettings.
High street retail property for sale in 63-65, 67 & 69, Oundle Road, Peterborough, PE2 9PE, PE2 — £850,000 • 1 bed • 1 bath • 6401 ft²
Plot for sale in Copper Beech Way, Peterborough, PE2 — £135,000 • 1 bed • 1 bath • 16157 ft²
Land for sale in Holdich Street, Peterborough, PE3 — £60,000 • 1 bed • 1 bath
Land for sale in Leverington Road, Wisbech, PE13 — £400,000 • 1 bed • 1 bath
Land for sale in Forrest Drive, Peterborough, PE7 — £238,500 • 1 bed • 1 bath • 478 ft²
5 bedroom detached house for sale in Thorpe Lea Road, Peterborough, Cambridgeshire, PE3 6BX, PE3 — £975,000 • 5 bed • 5 bath • 4641 ft²










































