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West Street, Kings Cliffe, Peterborough

East Midlands

£450,000
Listed on 14/10/2024

Property Details

Bedrooms
3
Type
Detached house
Area
2088 sqft

Description

This three-bedroom Grade II listed former post office is situated in the picturesque village of Kings Cliffe, offering a unique opportunity for both renovation and investment. Spanning an impressive 2,088 sq/ft, this property combines historical elements with a canvas for modern updates, making it particularly appealing for families or those looking to invest in a character home. Upon entry, a spacious sitting room welcomes you with its large front-facing window and warm wooden flooring. This generous space not only offers charm but also serves as an inviting introduction to the rest of the property. Flowing from the sitting room is an open-plan area that includes a dining room and kitchen, illuminated by natural light streaming through a skylight. The adjoining sitting area features a Villager multi-fuel burning stove and retains original storage elements. The kitchen is designed with shaker-style cabinetry and tiled flooring, while windows overlooking the courtyard garden provide a serene backdrop during meal preparations. Adjacent to this area is another expansive sitting room that enhances the versatility of the home—ideal for both gatherings and quiet evenings. This room showcases beautiful wooden flooring, exposed stonework, and wooden beams that underscore its historic nature and potential for enhancement. A utility room adds practicality to the layout, offering ample space for appliances and additional storage solutions across two levels. It connects to a wood store and features stairs leading to first-floor storage, increasing functionality even further. Upstairs, a part-galleried landing illuminated by natural light leads to three well-proportioned double bedrooms that each boast their own unique aspects. The family bathroom is designed thoughtfully with a four-piece suite including both bathtub and separate shower cubicle, complemented by an additional cloakroom fitted with convenience in mind. The loft space presents vast potential; fully boarded with windows, it could be transformed into additional living space subject to obtaining necessary planning permissions. Externally, the property exhibits classic period features and boasts curb appeal. The south-facing courtyard garden serves as a peaceful retreat laid out with patio areas surrounded by mature plants—suitable for outdoor dining or relaxing in private surroundings. This property represents not just a home steeped in history but also offers considerable renovation potential within an inviting community environment. Investors or families interested in breathing new life into this characterful dwelling will find this opportunity particularly appealing. Early viewing is encouraged to appreciate all the possibilities this unique residence has to offer.

Investment Analysis

(PE8 area)

Below Market Value

This property is priced -29.0% below area average per sq ft

-29.0%
Potential saving
This Property
£216/sq ft
Area Average
£303/sq ft
Avg Rent (weekly)
£420
Avg Yield
5.0%

Renovation Potential

Est. Renovation Cost
£45,000 - £112,500
10-25% of property value
Target Value
£696,849
10% above area average per sq ft
Potential ROI
+23.9%
After renovation
Monthly Sales
10
Average per month
Market Turnover
17%
Properties sold annually

Local Market Trend (PE8)

Area prices are falling by +16.2% over the last 12 months
3 year growth: -12.2%
5 year growth: -6.2%
Investment Disclaimer: Analysis based on PE8 area averages and may not reflect property-specific factors like condition, exact location, or unique features. 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

West Street, Kings Cliffe, Peterborough
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