Summary - 30 ST MARTINS STREET PETERBOROUGH PE1 3BD
2 bed 1 bath Terraced
Compact freehold city-centre buy-to-let with refurbishment upside for hands-on investors.
- Freehold two-bedroom Victorian terraced house, approx. 624 sq ft
- Vacant and ready for rapid re-let or renovation
- Potential rent circa £1,100 pcm (guidance)
- Small plot; front and rear gardens are modest
- On-street parking only; no private driveway
- Dated interior; requires modernization and cosmetic works
- High local crime and very deprived area may affect demand
- Buyer's premium applies to purchase process
This vacant two-bedroom Victorian terrace in central Peterborough offers a clear investment route for landlords or developers. The property is freehold, compact (approximately 624 sq ft) and sits close to transport links, shops and local amenities, making it straightforward to let in the PE1 rental market.
Internally the layout is traditional with small-to-average rooms and a single bathroom. The house is liveable but shows dated fixtures and general wear; modest cosmetic and modernisation work will increase rental value and appeal. Rental guidance suggests around £1,100 pcm, providing a useful yield at the asking price for hands-on investors.
Material considerations: the area records high crime levels and is classified as very deprived, which may affect tenant demand and long-term price growth. The plot is small with no private driveway; parking is on-street only. A buyer's premium will apply to secure purchase, so factor this into acquisition costs.
For buyers seeking a refurbishment project or an add-to-portfolio let, this property delivers a low-entry freehold in a city-centre location. Those requiring low-risk, long-term capital growth or family-oriented amenity should weigh local socio-economic indicators before committing.
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