Summary - 54 EASTFIELD ROAD PETERBOROUGH PE1 4AR
5 bed 2 bath Town House
Fully let five-bedroom HMO near station — immediate income for investors..
Five double bedrooms, currently let as a full HMO
Generating £29,640 per annum with tenants in situ
Two bathrooms, basement reception and communal living area
Chain-free sale; immediate rental income opportunity
Small private rear garden; overall plot and rooms relatively compact
Built c.1900–1929 with solid brick walls; likely needs insulation work
Area: city centre, walking distance to train station and ARU University
Local area is very deprived with high crime — factor for insurers and tenants
A ready-made HMO in central Peterborough, set over four floors and currently fully let, this five-bedroom mid-terrace produces £29,640 pa. The property is chain-free and sold with tenants in situ, making it a straightforward income purchase for a landlord wanting immediate rental return. Its walkable location puts the train station, Queensgate shopping and ARU University close by, supporting ongoing tenant demand.
Accommodation includes five double bedrooms (all furnished), two bathrooms, a basement reception and a communal living area, plus a small private rear garden. The building dates from c.1900–1929 with solid brick walls and double glazing; heating is mains gas with a boiler and radiators. Internal living space measures about 1,162 sq ft.
Buyers should note material considerations: the area is classified as very deprived with high local crime rates, which can affect lettings and insurance costs. The property appears to have solid walls with no known internal insulation (assumed), so energy efficiency improvements may be needed. It will be sold with tenants present and the HMO running, so vacant possession is not guaranteed.
This is best suited to investors or portfolio landlords seeking an immediate yield from a central-city HMO, or buyers prepared to manage short-term maintenance and targeted upgrades. Viewings are advisable to confirm exact condition, services and current tenancy agreements before purchase.
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