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Odecroft, Ravensthorpe, Peterborough, PE3

East of England

£170,000

Listed on 05/06/2026

Property Details

Bedrooms
3
Type
Terraced

Description

Located in the well-established neighborhood of Ravensthorpe, this three-bedroom terraced home represents a solid investment opportunity for those looking to embark on a renovation project. With a focus on improvement and redecoration throughout, future occupants can customize the space according to their preferences. The ground floor features a functional layout highlighted by a spacious living area and an adjoining conservatory that opens up views of the rear garden, thus providing additional living space. The inclusion of a utility room and a convenient ground floor WC enhances the overall practicality of this property. Upstairs, you'll find three bedrooms along with a family bathroom, creating ample accommodation suitable for families or prospective tenants once modernised. The external rear garden offers further potential for landscaping and enhancement. While there is no allocated parking available, the property is conveniently located near various local amenities including shops and secondary schools, as well as providing easy access to Peterborough city centre. This home presents clear renovation potential within a popular residential area, making it an attractive proposition for both investors and homebuyers alike.

Investment Analysis

(PE3 area)
Area Average
£250/sq ft
Avg Rent (weekly)
£234
Avg Yield
4.6%

Renovation Potential

Medium 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
23
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (PE3)

Area prices are falling by -5.6% over the last 12 months
3 year growth: -2.4%
5 year growth: -0.8%
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

Odecroft, Ravensthorpe, Peterborough, PE3
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£642
Based on a loan of £127,500 over 30 years at 4.45% 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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