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Bishops Road, Peterborough

East of England

£310,000
Listed on 01/04/2026

Property Details

Bedrooms
4
Type
Detached
Area
1806 sqft

Description

Located in the desirable PE1 area of Peterborough, this four-bedroom detached home offers a substantial opportunity for both families and investors. The property is conveniently situated near essential amenities such as schools, shops, and leisure facilities, ensuring a practical lifestyle for residents. Currently featuring two spacious reception rooms, a conservatory, and four bedrooms, the living space is versatile and well-suited to modern family needs. With a driveway and garage providing off-road parking options, this home brings added practicality. Notably, while some cosmetic updates are needed to modernize the interior, this property serves as an excellent blank canvas for those looking to infuse their personal style or for developers considering conversion into multiple flats—potentially yielding significant rental income of approximately £5,000 per month post-renovation. Such extensive space and adaptability in a prime location present an investment opportunity that is hard to come by.

Investment Analysis

(PE1 area)

Below Market Value

This property is priced -25.6% below area average per sq ft

-25.6%
Potential saving
This Property
£172/sq ft
Area Average
£231/sq ft
Avg Rent (weekly)
£211
Avg Yield
5.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£458,209
10% above area average per sq ft
Potential ROI
+30.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
29
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (PE1)

Area prices are stable by +1.7% over the last 12 months
3 year growth: +9.9%
5 year growth: +18.5%
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

Bishops Road, Peterborough
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£1,098
Based on a loan of £232,500 over 30 years at 3.91% 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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