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Mayors Walk, PETERBOROUGH

East of England

£120,000
Listed on 21/04/2026

Property Details

Bedrooms
2
Type
Terraced

Description

This mid-terrace two-bedroom house presents an excellent opportunity for investors or renovation enthusiasts looking to make their mark in the vibrant city of Peterborough. Currently tenanted and generating an annual rental income of £9,600, this property is situated in a desirable residential area just north of the city centre, with easy access to local amenities including shops, restaurants, and public transport links. While the property requires updating to realize its full potential, it offers a solid foundation with an entrance hall leading to a lounge/diner, kitchen, utility room on the ground floor, and two bedrooms alongside a bathroom on the first floor. The enclosed rear courtyard garden adds outdoor space that could be enhanced further. Given its location and character, this property could be transformed into a charming home or maintained as a rental investment after refurbishment.

Investment Analysis

(PE3 area)
Area Average
£250/sq ft
Avg Rent (weekly)
£238
Avg Yield
4.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
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 (PE3)

Area prices are falling by -6.1% over the last 12 months
3 year growth: -1.5%
5 year growth: +2.7%
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

Mayors Walk, 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
£425
Based on a loan of £90,000 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.

Stamp Duty Calculator

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