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Elter Walk, Peterborough

East of England

£260,000
Listed on 04/10/2025

Property Details

Bedrooms
3
Type
Detached house

Description

This established three-bedroom detached property presents a rare opportunity for renovation and investment in the tranquil locale of Gunthorpe. Nestled within a peaceful walkway, the home sits on a generous plot that features a charming front garden adorned with a mature Magnolia tree, creating an inviting first impression. The enclosed rear garden offers both lawn space and a patio terrace, perfect for outdoor gatherings or relaxation, along with access to the garage and driveway. The interior layout includes an entrance hall leading to various living areas, such as the lounge and dining area, which can benefit from contemporary updates. The kitchen is equipped with essential amenities and offers ample potential for personalization. Downstairs also features one bedroom adjacent to a cloakroom, while two additional bedrooms are located upstairs, providing flexibility for family living or guest accommodations. With UPVC double glazing throughout and gas central heating already in place, this property provides a solid foundation for future enhancements. The bathroom features practical fixtures that could be modernized to suit personal taste. Offering no chain, this home stands out as an attractive option for buyers looking to add value through renovations or those seeking a long-term investment in a quality location. Local amenities are within easy reach, enhancing the property's appeal for families or renters alike. This is more than just a house; it’s an opportunity for transformation into your ideal home or investment project.

Investment Analysis

(PE4 area)
Area Average
£263/sq ft
Avg Rent (weekly)
£222
Avg Yield
4.7%

Renovation Potential

Light Refurb
Est. Renovation Cost
£10,000 - £20,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
29
Average per month
Market Turnover
18%
Properties sold annually

Local Market Trend (PE4)

Area prices are stable by +1.5% over the last 12 months
3 year growth: -4.0%
5 year growth: 15.2%
Investment Disclaimer: Analysis based on PE4 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

Elter Walk, Peterborough
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£952
Based on a loan of £195,000 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