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Thorpe Road, Longthorpe, Peterborough, PE3 - Image 1
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Thorpe Road, Longthorpe, Peterborough, PE3

East of England

£500,000
Listed on 31/01/2026

Property Details

Bedrooms
5
Type
Detached house
Area
1965 sqft

Description

This detached family residence offers a unique opportunity to invest in a spacious four-bedroom home, complete with a separate one-bedroom annexe that has its own entrance. Although the property, believed to date back to the 1970s, is in need of significant updating throughout, it presents an excellent canvas for renovation enthusiasts or those looking to create their dream family home. The main house benefits from gas central heating and enjoys ample natural light. Externally, the property features a gravel driveway providing generous parking space and an enclosed rear garden that faces south, perfect for future landscaping or outdoor enhancements. Located in the desirable suburb of Longthorpe, this property is within walking distance of local amenities including a post office, church, village hall, public house/restaurant, tennis courts, and bowling green. Furthermore, you are just a short drive from Peterborough city centre which offers diverse shopping and recreational facilities as well as quick rail access to London King’s Cross in around 50 minutes. With no onward chain and significant potential for investment through thoughtful renovation, this property warrants serious consideration.

Investment Analysis

(PE3 area)

Above Market Value

This property is priced +1.7% above area average per sq ft

+1.7%
This Property
£254/sq ft
Area Average
£250/sq ft
Avg Rent (weekly)
£236
Avg Yield
5.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£35,000 - £60,000
Target Value
£540,807
10% above area average per sq ft
Potential ROI
-3.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
21
Average per month
Market Turnover
26%
Properties sold annually

Local Market Trend (PE3)

Area prices are stable by -1.1% over the last 12 months
3 year growth: +3.8%
5 year growth: +12.7%
Investment Disclaimer: Analysis based on PE3 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

Thorpe Road, Longthorpe, Peterborough, PE3
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,803
Based on a loan of £375,000 over 30 years at 4.06% 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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