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Thorpe Lea Road, Peterborough, Cambridgeshire, PE3 6BX - Image 1
Thorpe Lea Road, Peterborough, Cambridgeshire, PE3 6BX - Image 2
Thorpe Lea Road, Peterborough, Cambridgeshire, PE3 6BX - Image 3
Thorpe Lea Road, Peterborough, Cambridgeshire, PE3 6BX - Image 4
Thorpe Lea Road, Peterborough, Cambridgeshire, PE3 6BX - Image 5
Thorpe Lea Road, Peterborough, Cambridgeshire, PE3 6BX - Image 6
Thorpe Lea Road, Peterborough, Cambridgeshire, PE3 6BX - Image 7
Thorpe Lea Road, Peterborough, Cambridgeshire, PE3 6BX - Image 8
Thorpe Lea Road, Peterborough, Cambridgeshire, PE3 6BX - Image 9
Thorpe Lea Road, Peterborough, Cambridgeshire, PE3 6BX - Image 10
Thorpe Lea Road, Peterborough, Cambridgeshire, PE3 6BX - Image 11

Thorpe Lea Road, Peterborough, Cambridgeshire, PE3 6BX

East of England

£750,000
Listed on 31/12/2025

Property Details

Bedrooms
5
Type
Detached house

Description

This detached period residence is situated in a prime location just a short walk from the vibrant city centre of Peterborough and the mainline train station. The property, set on a spacious enclosed plot with generous off-street parking, currently features a well-appointed three-bedroom main house spread across three floors, as well as a self-contained two-bedroom ground-floor apartment. Both living spaces offer significant potential for renovation and investment. While the main house is livable, there are areas that would benefit from modernisation to truly maximise their appeal. Similarly, the ground-floor apartment presents an excellent opportunity for enhancement, making it suitable for multi-generational living, guest accommodation, or rental purposes. The size and configuration of both units create opportunities for reconfiguration or even redevelopment (subject to obtaining the necessary planning permissions). Given its central location and versatile layout, this property not only offers immediate living solutions but also excellent prospects for adding value over time. Properties with such potential rarely come to market in this desirable area.

Investment Analysis

(PE3 area)
Area Average
£252/sq ft
Avg Rent (weekly)
£233
Avg Yield
5.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £80,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
18
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (PE3)

Area prices are stable by +0.3% over the last 12 months
3 year growth: 3.3%
5 year growth: 18.5%
Investment Disclaimer: Analysis based on PE3 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

Thorpe Lea Road, Peterborough, Cambridgeshire, PE3 6BX
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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
£2,747
Based on a loan of £562,500 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