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20 Monument Street, Peterborough, PE1 4AG - Image 1
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20 Monument Street, Peterborough, PE1 4AG

East of England

£49,000Guide Price

Listed on 01/07/2026

Property details

Bedrooms
2
Type
Terraced
Area
540 sqft

Description

This vacant freehold two-bedroom terraced house presents a significant opportunity for renovation and value enhancement. With a layout that includes a spacious living room and a generously sized fitted kitchen with dining space on the ground floor, the property is primed for transformation. The first floor features two bedrooms along with a family bathroom, all of which would benefit from modernisation throughout. Investors, developers, or future homeowners can take advantage of the practical arrangement to create their ideal living space. Externally, a rear garden offers potential for landscaping or enhancement, subject to necessary permissions. The property is conveniently located near Peterborough city centre, providing access to shopping, restaurants, and local amenities as well as excellent transport links via major roads.

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Investment analysis

(PE1 area)

Below Market Value

This property is priced -60.6% below area average per sq ft

-60.6%
Potential saving
This Property
£91/sq ft
Area Average
£230/sq ft
Avg Rent (weekly)
£218
Avg Yield
5.6%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£136,858
10% above area average per sq ft
Potential ROI
+62.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
26
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (PE1)

Area prices are rising by +2.7% over the last 12 months
3 year growth: +10.4%
5 year growth: +18.7%
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

20 Monument Street, Peterborough, PE1 4AG
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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
£185
Based on a loan of £36,750 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.

Stamp duty calculator

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