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18 Andrewes Close, Farcet, Peterborough PE7 3BB - Image 1
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18 Andrewes Close, Farcet, Peterborough PE7 3BB

East of England

£125,000
Listed on 07/11/2025

Property Details

Bedrooms
3
Type
Semi-detached house

Description

This three-bedroom semi-detached home presents a promising renovation opportunity, ideally situated in a desirable residential area. The property, while requiring refurbishment, offers a solid foundation for those looking to invest and create their vision of a modern living space. Upon entry, you’ll find an entrance hall that leads into a spacious lounge and dining area, suitable for both relaxation and entertaining. The breakfast kitchen provides potential for a redesign that could enhance functionality and style. Moving upstairs, the three bedrooms offer ample space, with the layout allowing for the addition of en-suite facilities if desired. The bathroom also provides an opportunity for updating with contemporary fixtures and finishes. Outside, the property boasts gardens both at the front and rear, along with off-road parking options. Additionally, there are several outbuildings and a garage that may serve as storage or be repurposed to fit new needs. Given the size of the lot and existing structures, there is further investment potential to explore. The location is well-served by local amenities, including shops and transport links, making it convenient for families or commuters. This accessibility adds to its appeal as a long-term rental option or resale property post-renovation. It’s important to note that restrictions will be applied to prevent usage as a House in Multiple Occupation (HMO) or short-term letting, which should be considered during your planning process. Prospective buyers are encouraged to conduct thorough independent inquiries prior to bidding. In summary, this property holds significant potential for those willing to invest time in renovation work within an attractive neighborhood setting.

Investment Analysis

(PE7 area)
Area Average
£270/sq ft
Avg Rent (weekly)
£283
Avg Yield
5.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
65
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (PE7)

Area prices are falling by +3.0% over the last 12 months
3 year growth: 1.6%
5 year growth: 11.4%
Investment Disclaimer: Analysis based on PE7 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

18 Andrewes Close, Farcet, Peterborough PE7 3BB
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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
£458
Based on a loan of £93,750 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