Summary - 48 SILVER STREET PETERBOROUGH PE2 9BX
3 bed 1 bath Terraced
Chain-free three-bed with strong refurbishment and rental potential close to the station.
- Three bedrooms across two storeys, circa 869 sq ft
- Chain free freehold — straightforward sale process
- Requires full modernisation throughout, cosmetic and systems work
- Solid brick walls likely without insulation — retrofit likely needed
- Mains gas boiler and radiators; double glazing (unknown install date)
- Small rear garden and small plot size
- Walking distance to Peterborough centre and train station
- Area records above-average crime; consider security measures
A Victorian three-bedroom mid-terrace offered chain free and ready for a full refurbishment. The house provides straightforward accommodation across two storeys with a front lounge, separate dining room, kitchen, downstairs bathroom and three upstairs bedrooms. At about 869 sq ft on a small plot, the layout suits rental conversion or a value-led renovation.
Practical details work in its favour: freehold tenure, mains gas central heating with boiler and radiators, double glazing (installation date unknown) and no flood risk. The property sits within walking distance of Peterborough city centre and the train station, making it convenient for commuters and attractive to renters.
Defects are material and honest: the property needs modernisation throughout, the solid brick walls likely lack insulation, and the area records above-average crime rates. Buyers should budget for comprehensive updating — cosmetic and mechanical — and factor in potential insulation and wiring upgrades.
This is best suited to investors seeking a refurbishment project or an owner-occupier first-time buyer willing to renovate. Local schools include several rated Good and an Outstanding secondary nearby, which supports longer-term rental demand or family occupation once improved.
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