Summary - 98 PLATTING ROAD PETERBOROUGH PE1 2TJ
5 bed 3 bath Town House
Turn-key, fully let period townhouse with parking and immediate rental income.
Three self-contained flats: two 2-bed and one 1-bed, all currently let
A ready-made, income-producing period townhouse in central Peterborough, refurbished into three self-contained flats and offered chain free. All units are fully let, providing immediate rental income and simple management for an investor seeking a city-centre portfolio addition. The building retains Victorian character externally while interiors have been finished to a modern specification.
Practical assets include secure communal access, off-street parking to front and rear, and freehold tenure. EPCs vary across the flats (one flat rated E), so there is some energy improvement potential. The property is in a conservation area and has no known building-safety or planning constraints recorded here.
Material considerations are candid: the area is described as very deprived with a high local crime rate, and parts of the city may be subject to Selective Licensing—buyers should confirm licensing obligations and any additional fees. Broadband speeds are reported very slow despite excellent mobile signal; verify internet requirements for tenants. The plot is small and outdoor space limited.
This is a straightforward purchase for an investor wanting turn-key rental income and medium-term capital uplift potential from energy or amenity upgrades. Carry out usual due diligence on licensing, tenancy documentation, and service histories before purchase.
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