Hautboy Lane, Warmington, Peterborough

This vacant Grade II listed cottage presents a unique opportunity for buyers looking to invest in a property with significant renovation potential. Nestled within a desirable village, the cottage requires extensive updates but benefits from a spacious plot and includes two flats and a shop, all currently generating rental income. The charming character of the cottage can be restored, while the adjoining ground floor flat, first floor flat, and commercial space provide immediate cash flow. The cottage itself features generous living spaces, including a lounge with an open fireplace and a dining room with an inset log burner. The kitchen is equipped with an AGA but is in need of modernisation. On the first floor, three bedrooms offer ample space, alongside a bathroom that requires updating. Outside, the large garden provides additional scope for development (subject to necessary permissions), enhancing its investment appeal. Given its prime location and multiple income streams from the flats and shop—currently let at £8,250 annually until December 2033—this property stands out as an attractive project for those willing to undertake extensive renovations.