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Hautboy Lane, Warmington, Peterborough - Image 1
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Hautboy Lane, Warmington, Peterborough

East of England

£550,000
Listed on 12/09/2025

Property Details

Bedrooms
4
Type
Detached house

Description

This property presents a compelling opportunity for investors and renovators alike, featuring a historic Grade II listed cottage alongside two flats and a retail space, all currently generating rental income. The cottage, while in need of comprehensive modernization, boasts character and potential, nestled within a desirable village location that enhances its appeal. The main residence consists of four bedrooms and multiple living spaces, including a lounge with an open fireplace and a dining room showcasing an inset log burner. The kitchen retains elements such as an AGA but awaits upgrades to meet contemporary standards. A generous plot at the rear of the cottage offers ample outdoor space, ripe for landscaping or possible development (subject to planning permissions). Attached to the cottage are two flats: one on the ground floor and another above it. Each flat is designed with its own living areas and essential amenities, fully occupied under long-term tenancy agreements that provide immediate rental income. The shop located on the premises furthers the investment potential by contributing additional revenue. Positioned in a sought-after village community known for its charm and accessibility to local amenities, this property not only serves as a residential investment but also allows for capitalizing on renovation opportunities. With careful planning and revitalization, both the cottage and the land can be transformed into valuable assets. This unique property stands out due to its combined character, rental potential, and development opportunities—making it worth exploring for those looking to invest in a promising venture.

Investment Analysis

(PE8 area)
Area Average
£319/sq ft
Avg Rent (weekly)
£319
Avg Yield
3.7%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£80,000 - £120,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
16
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (PE8)

Area prices are stable by +1.6% over the last 12 months
3 year growth: -3.8%
5 year growth: 2.6%
Investment Disclaimer: Analysis based on PE8 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

Hautboy Lane, Warmington, 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
£2,015
Based on a loan of £412,500 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