Summary - 55 EASTFIELD ROAD PETERBOROUGH PE1 4AS
3 bed 1 bath Terraced
Immediate income with tenant in place until January 2026.
Three-bedroom mid-terrace close to Peterborough city centre
An affordable city-centre mid-terrace offering clear buy-to-let potential close to Peterborough station. The property is currently let until 7 January 2026 at £834 pcm, providing immediate rental income for an investor seeking a hands-off purchase with no onward chain. Its compact layout and separate living and dining rooms suit typical city renters and professionals.
The house requires cosmetic updating and some maintenance; it is marketed as needing renovation, with solid brick walls (likely no cavity insulation), an older roof and potential damp risk typical of period terraces. Double glazing is fitted but the install date is unknown; services and appliances have not been tested. These are realistic costs to factor into any offer but also create scope for value uplift through targeted works.
Location is a key strength: PE1 city-centre position, local shops, parks and several good schools nearby, plus fast rail links to London King’s Cross (about 45 minutes). Council tax is very low and broadband/mobile connectivity are strong, making the property straightforward to let in a popular rental area.
This is a straightforward purchase for an investor comfortable managing refurbishment and a tenant in situ. The asking price reflects the condition and size; with modest investment the property could increase in rental value and capital worth within a high-demand city location.
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