Summary - 36 CHARLES STREET PETERBOROUGH PE1 5EP
2 bed 1 bath Terraced
Ready-made rental with certified services and room for modest improvement.
Currently tenanted, producing £895 pcm rental income
This mid-terrace two-bedroom house in PE1 is offered as a ready-made investment, currently pre-tenanted and producing £895 per month. The property is freehold, presented in good condition for its age, and benefits from an EPC rating of C plus certified gas and electrical installations — useful for letting compliance and lender checks.
Accommodation is compact but practical: two reception rooms, two bedrooms, a separate shower room and an upstairs bathroom, plus a medium-sized rear garden. Solid brick construction and double glazing are positives for long-term durability; the central location is a 15-minute walk to the city centre and Queensgate shopping, helping ongoing rental demand.
Buyers should note the neighbourhood context and some physical limitations. The area records high crime and is classed as very deprived, which can affect tenant profiles, insurance costs and resale. The plot is small with on-street parking only; a parking permit is inexpensive but there is no off-street parking. Walls are likely uninsulated (solid brick as built), so upgrading insulation could be needed for future energy-efficiency improvements.
For an investor seeking a low-effort acquisition with immediate rental income, this property is straightforward: tenanted, certified services, and low council tax. For buyers eyeing longer-term value uplift, there is scope for modest refurbishment and energy-efficiency works, but factor in area risk and limited curb appeal when assessing exit strategy.
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