This investment opportunity features a collection of three Victorian terrace houses alongside a sizable mixed-use property in the heart of Peterborough. The portfolio presents an enticing combination of established income streams and significant potential for value enhancement. Located conveniently near the city centre, train station, and various amenities, these properties offer a robust foundation for both immediate rental income and long-term growth.
The residential segment includes two and three-bedroom terraces, each designed over two levels with spacious living areas, kitchen-dining combinations, multiple bathrooms or WCs, shared courtyard spaces, and selected properties featuring allocated parking. These homes are appealing to both renters and potential owner-occupiers, with ample opportunities for refurbishment to elevate rental yields.
In addition to the terraces, the portfolio encompasses a prominent mixed-use structure housing a barbershop on the ground floor and office space with generous residential quarters above. With the commercial area currently leased at £20,000 per year for three years (with possible early exit), there is considerable potential to convert this into multiple residential units following appropriate planning approvals. This could maximize occupancy benefits from its six to seven bedrooms available upstairs along with additional rooms on higher floors. Off-street parking adds to the appeal in this urban centre.
While some areas of the portfolio may require renovation, this condition offers buyers a prime opportunity to reconfigure spaces and implement upgrades that could dramatically increase their investment returns over time. Overall, this bulk purchase of properties presents investors with diverse opportunities for profitability within a thriving location in Peterborough.
