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Holmes Way, Peterborough

East of England

£170,000
Listed on 12/10/2025

Property Details

Bedrooms
2
Type
Detached house

Description

This two-bedroom semi-detached home presents a promising opportunity for renovation and investment, particularly appealing to first-time buyers or investors looking to enhance property value. Located in a desirable residential neighborhood within the PE4 postcode, the home benefits from its proximity to schools, shopping centers, and excellent transport links. The layout includes an entrance hall leading into a spacious lounge that features large windows, allowing in natural light. The fitted kitchen is functional and opens onto a rear lobby that provides access to the enclosed garden. A convenient downstairs W/C adds practicality to the ground floor. Upstairs, the property comprises two generous double bedrooms and a family bathroom. The existing configuration offers the potential for reconfiguration; with some internal modifications, it could easily be transformed into a three-bedroom home—an attractive option for families seeking more space. Externally, there’s ample off-street parking available on the driveway along with a garage situated at the side of the property. The rear garden is enclosed and includes a brick-built shed that could serve as additional storage or even be repurposed into a small workshop. This home is equipped with gas central heating and UPVC double glazing throughout for year-round comfort. The sought-after location enhances its appeal, providing residents quick access to local amenities such as Paston Ridings Primary School and Werrington Centre with its diverse range of shops and services. Furthermore, major road connections via the A15 and A47 are easily accessible, facilitating easy commuting. With solid bones and great potential for renovation, this property invites you to add your own touches while presenting excellent value in today’s market. Its combination of space, location, and potential makes it worthy of consideration for anyone looking to invest or create their ideal family home. Early viewing is encouraged to fully appreciate what this property has to offer.

Investment Analysis

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

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
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

Holmes Way, 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
£623
Based on a loan of £127,500 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