Value refurbishment opportunity near train station and local amenities.
- Four bedrooms with one bathroom, suitable for sharers or families
- Approximately 1,034 sq ft of internal space across multiple storeys
- Freehold mid-terrace built 1967–1975 with filled cavity walls
- Double glazing fitted post-2002; mains gas boiler and radiators
- Requires renovation and cleaning throughout before letting
- Very high local crime and high area deprivation — management needed
- Small plot with low-maintenance rear garden, limited outdoor space
- Walking distance to train station and good local transport links
A four-bedroom mid-terrace offered as a freehold investment in Ravensthorpe, Peterborough. The 1967–1975 build provides about 1,034 sq ft of living space across multiple storeys, a spacious kitchen/diner, large living room, downstairs WC and a low-maintenance rear garden. Double glazing has been installed since 2002 and the property uses mains gas central heating.
This is a refurbishment project aimed at investors prepared to carry out works: the house needs renovation and cleaning throughout but has clear rental potential given its proximity to local shops, the city centre and walking distance to the train station. Nearby schools include several rated Good and one requiring improvement, broadening tenant appeal to families and sharers.
Be frank about local context: the area records very high crime and significant deprivation, which will affect tenant demand, rent levels and ongoing management needs. Priced at £200,000 for a small plot and mid-terrace form, this is a value-led opportunity for a landlord or portfolio buyer who can renovate, manage tenancies actively and budget for remedial works and security measures.
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