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South Street, Crowland, Peterborough - Image 1
South Street, Crowland, Peterborough - Image 2

South Street, Crowland, Peterborough

East of England

£49,000
Listed on 23/08/2023

Property Details

Bedrooms
N/A
Type
Detached house

Description

This property presents a promising opportunity for development, featuring a potential building plot that spans approximately 45 meters in length and 4.5 meters in width. Accessible by vehicle from Hereward Way in Crowland, the land benefits from established access points that facilitate future construction. The surrounding area has seen recent approvals for various planning applications on neighboring parcels, indicating a favorable trend for investment. This context sets a positive precedent for potential development on this plot, making it an appealing option for investors looking to capitalize on the growth of the region. With its strategic location and existing infrastructure, this property is well-suited for those interested in creating residential or commercial spaces. The nearby amenities and community resources further enhance its attractiveness as a viable investment opportunity. Interested parties are encouraged to reach out to explore the possibilities and arrange a site visit to fully appreciate the potential of this parcel.

Investment Analysis

(PE6 area)
Area Average
£276/sq ft
Avg Rent (weekly)
£253
Avg Yield
4.1%

Renovation Potential

Light Refurb
Est. Renovation Cost
£10,000 - £25,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
35
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (PE6)

Area prices are falling by +2.4% over the last 12 months
3 year growth: 2.7%
5 year growth: 18.6%
Investment Disclaimer: Analysis based on PE6 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

South Street, Crowland, Peterborough
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Mortgage Calculator

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£
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years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£179
Based on a loan of £36,750 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE