This detached property in the heart of central Peterborough presents a compelling renovation and investment opportunity. Just a short five-minute walk from both the city centre and the train station, this versatile dwelling is strategically located for maximum accessibility.
The property is currently arranged to feature a spacious three-bedroom main house across three floors, along with a self-contained two-bedroom apartment on the ground floor that is in need of refurbishment. This dual configuration offers immediate living arrangements while also providing ample opportunities for future enhancements.
Given its flexible layout, this home has significant potential for various uses. Investors may consider converting it into multiple rental units or a house in multiple occupation (HMO), both of which could yield considerable returns. Previous outline planning applications have explored the possibility of developing apartments on this site, further highlighting its development potential—planning details are available upon request.
Nestled on an expansive, enclosed plot with generous off-street parking, the property includes multiple living spaces conducive to modern family life or shared accommodations. The main house features several well-proportioned rooms, including a bright drawing room and a dining room with views over the garden. The first floor hosts two sizable bedrooms, each with an ensuite bathroom, while the third floor offers additional open-plan space that can be transformed as desired.
While parts of the property would benefit from updating and modernization, its prime location combined with its scale provides an excellent canvas for adding value through renovation or redevelopment initiatives. This opportunity is scarce in such a desirable neighborhood, making early exploration essential for those looking to capitalize on its potential.
