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Palmerston Road, Peterborough, PE2 - Image 1
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Palmerston Road, Peterborough, PE2

East of England

£130,000
Listed on 01/05/2026

Property Details

Bedrooms
3
Type
Terraced

Description

This three-bedroom terraced house presents a significant renovation opportunity for investors or homebuyers looking to add value in a desirable area of Peterborough. The property features two spacious double bedrooms and a third smaller bedroom, making it suitable for families or as a rental unit. The layout includes two reception rooms that could benefit from modern updates, alongside a kitchen and family bathroom that require refurbishment throughout. A sizable rear garden offers further potential for landscaping or extensions. Given the required work across the property, this is an ideal project for those with vision and craftsmanship skills.

Investment Analysis

(PE2 area)
Area Average
£264/sq ft
Avg Rent (weekly)
£239
Avg Yield
5.2%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£25,000 - £40,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
54
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (PE2)

Area prices are stable by -0.4% over the last 12 months
3 year growth: -0.2%
5 year growth: +13.1%
Investment Disclaimer: Analysis based on PE2 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

Palmerston Road, Peterborough, PE2
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£464
Based on a loan of £97,500 over 30 years at 3.97% 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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