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Waterworks Lane, Glinton, PETERBOROUGH

East of England

£180,000
Listed on 01/12/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1137 sqft

Description

This freehold, two-storey detached house presents an excellent opportunity for renovation and investment. Located in a convenient area with good access to major roads such as the A15, A47, and A1, this property offers full vacant possession and is available for completion within six weeks. The internal layout features three bedrooms and a bathroom on the first floor, while the ground floor includes two reception rooms, a kitchen, a WC, and additional storage space. With gardens at the front, side, and rear along with off-street parking, there is significant potential to enhance both living space and outdoor areas. Given that updating is required throughout the home, this property will appeal to those looking to add value through thoughtful renovations. Local amenities can be found in nearby Glinton and Werrington or further afield in central Peterborough.

Investment Analysis

(PE6 area)

Below Market Value

This property is priced -42.7% below area average per sq ft

-42.7%
Potential saving
This Property
£158/sq ft
Area Average
£276/sq ft
Avg Rent (weekly)
£253
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£345,631
10% above area average per sq ft
Potential ROI
+50.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
35
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (PE6)

Area prices are falling by +2.4% over the last 12 months
3 year growth: 2.7%
5 year growth: 18.6%
Investment Disclaimer: Analysis based on PE6 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

Waterworks Lane, Glinton, 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
£659
Based on a loan of £135,000 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