Worst House on the Street Logo
Queens Drive West, Peterborough, PE1 2 - Image 1
Queens Drive West, Peterborough, PE1 2 - Image 2
Queens Drive West, Peterborough, PE1 2 - Image 3
Queens Drive West, Peterborough, PE1 2 - Image 4
Queens Drive West, Peterborough, PE1 2 - Image 5
Queens Drive West, Peterborough, PE1 2 - Image 6
Queens Drive West, Peterborough, PE1 2 - Image 7
Queens Drive West, Peterborough, PE1 2 - Image 8
Queens Drive West, Peterborough, PE1 2 - Image 9
Queens Drive West, Peterborough, PE1 2 - Image 10
Queens Drive West, Peterborough, PE1 2 - Image 11

Queens Drive West, Peterborough, PE1 2

East of England

£200,000
Listed on 27/02/2026

Property Details

Bedrooms
3
Type
Terraced house
Area
1090 sqft

Description

This three-bedroom terraced home in Peterborough presents a promising opportunity for renovation and investment. Ideally located within walking distance of local schools, amenities, and the city centre, this property is perfect for families and commuters alike, given its easy access to transport links including the A1. Upon entering, you will notice the unique character of the home with its period features and distinctive details offering a foundation for creative enhancement. The ground floor includes two spacious reception rooms which can be tailored into separate living and dining areas or multifunctional spaces. The kitchen is functional but could benefit from modernization to better suit contemporary lifestyles. Additionally, the family bathroom is a practical space that holds potential for improvement. The upstairs comprises three bedrooms, each presenting flexible usage options; particularly the third bedroom which could serve as a nursery, office, or dressing room. There is also an attractive possibility of adding an ensuite (subject to planning permissions), which would significantly elevate the property's appeal. A noteworthy feature is the basement room equipped with natural light and heating—a versatile area that could be transformed into an office, playroom, or even an extra bedroom. This adds valuable square footage to the layout. Although there isn’t any designated parking space available, residents can easily utilize on-street parking options. This home appeals to growing families or first-time buyers looking for a property with personality and growth potential. With its generous outdoor space featuring a large garden that invites entertaining and relaxation, this residence stands out as a unique investment opportunity ripe for refurbishment.

Investment Analysis

(PE1 area)

Below Market Value

This property is priced -19.0% below area average per sq ft

-19.0%
Potential saving
This Property
£183/sq ft
Area Average
£227/sq ft
Avg Rent (weekly)
£207
Avg Yield
5.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£271,574
10% above area average per sq ft
Potential ROI
+13.2%
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
12%
Properties sold annually

Local Market Trend (PE1)

Area prices are rising by +4.1% over the last 12 months
3 year growth: +10.8%
5 year growth: +22.2%
Investment Disclaimer: Analysis based on PE1 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

Queens Drive West, Peterborough, PE1 2
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£721
Based on a loan of £150,000 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.

Next Steps

Explore services to help you with this property purchase.

Get help with this property

Financing, surveys and more – choose a service and we’ll connect you with our trusted partners.

Allcott Associates