Summary - 78A GLADSTONE STREET PETERBOROUGH PE1 2BL
3 bed 1 bath Terraced
Affordable three-bed fixer with city-centre convenience and clear renovation potential.
Freehold three-bedroom mid-terrace, approx. 356 sq ft
A compact three-bedroom mid-terrace in PE1 offering an affordable route into Peterborough or a buy-to-let opportunity. The house is freehold, built before 1900, with period brick character and a small front area. Its footprint is modest (approximately 356 sq ft) so rooms are tight; the property suits buyers looking for a starter home or investors seeking a lower-entry rental purchase.
The house requires modernization throughout: dated finishes, worn carpets, signs of damp reported and likely need for refurbishment. Walls are solid brick with assumed no cavity insulation, so upgrading insulation, windows (double glazed but unknown install date) and possibly heating controls would improve comfort and running costs. There is one family bathroom and two reception rooms laid out in a traditional style.
Location strengths include proximity to the city centre, local amenities, good transport links, fast broadband and excellent mobile signal. Council tax is very cheap and there is no flood risk. Practical drawbacks to factor into purchase costs are on-street parking only, a very high local crime rate, and an area classified as very deprived; these affect resale and rental demand and should inform pricing and insurance considerations.
For a buyer willing to invest in fabric, decoration and energy upgrades, the property offers short-term rental potential or a low-cost home with scope to add value. Carry out a full survey and damp inspection before committing; planned works and neighbourhood checks will be essential given location and condition.
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