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Eastgate, Peterborough, PE1

East of England

£235,000
Listed on 21/04/2026

Property Details

Bedrooms
3
Type
Terraced
Area
1034 sqft

Description

This semi-detached three-bedroom home in central Peterborough presents a promising opportunity for renovation and investment. Its proximity to both the university and city centre makes it an appealing choice for potential homeowners or landlords. The property features a practical layout with a comfortable living area and generously sized bedrooms that provide versatility for various living arrangements or rental scenarios. While currently generating an income of £1,100 per calendar month, there is significant potential for enhancement through updates tailored to modern preferences. This property is ideally positioned in a well-connected area, facilitating easy access to local amenities, shops, restaurants, and leisure facilities. Additionally, Peterborough's mainline station nearby offers quick transport links to London and other destinations. Investors or buyers looking to create their ideal home will find this property's renovation potential particularly attractive.

Investment Analysis

(PE1 area)

Below Market Value

This property is priced -1.5% below area average per sq ft

-1.5%
Potential saving
This Property
£227/sq ft
Area Average
£231/sq ft
Avg Rent (weekly)
£211
Avg Yield
5.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£262,341
10% above area average per sq ft
Potential ROI
+0.9%
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

Eastgate, Peterborough, PE1
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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
£832
Based on a loan of £176,250 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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