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Neptune Close, Cardea, Peterborough, PE2 - Image 1
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Neptune Close, Cardea, Peterborough, PE2 - Image 6
Neptune Close, Cardea, Peterborough, PE2 - Image 7

Neptune Close, Cardea, Peterborough, PE2

East of England

£125,000

Listed on 08/07/2026

Property details

Bedrooms
1
Type
Terraced

Description

Located within the desirable Cardea development, this one-bedroom terraced home on Neptune Close is a promising prospect for both first-time buyers and seasoned investors looking for a refurbishment opportunity. The property requires extensive renovation throughout, making it an ideal canvas for those eager to modernize and tailor the space to contemporary standards, thereby significantly enhancing its value. Spread across two floors, the ground level features a double bedroom and a three-piece bathroom suite, both of which provide practical living quarters with considerable potential for updates. The first floor hosts an open-plan kitchen and living area, which is flooded with natural light and ripe for transformation into a stylish and functional living environment. Additional advantages include gas central heating, an allocated parking space, and a layout that will attract both future homeowners and landlords post-renovation. The location is particularly appealing due to its proximity to local amenities such as supermarkets, schools, parks, and excellent transport links via the A605 for easy access to Peterborough city centre and surrounding areas. This listing offers an exciting chance to acquire a property with notable investment potential in one of Peterborough's most sought-after areas.

Investment analysis

(PE2 area)
Area Average
£261/sq ft
Avg Rent (weekly)
£235
Avg Yield
5.1%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£15,000 - £25,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
41
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (PE2)

Area prices are falling by -2.2% over the last 12 months
3 year growth: -2.0%
5 year growth: +10.6%
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

Neptune Close, Cardea, Peterborough, PE2
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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
£472
Based on a loan of £93,750 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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