Oundle Road, Alwalton, Peterborough, PE7
East of England
£200,000
Listed on 23/10/2026
Listed on 23/10/2026
The listing
Property details
Bedrooms
3Type
CottageArea
1093 sqftFeatures
- Garage
- Garden
- Parking
Description
This three-bedroom period cottage is located close to the centre of Alwalton, within the village Conservation Area. The property has been in the same ownership for more than 65 years and is described as requiring full modernisation. It is not listed, and reports concerning the thatched roof, electrics and damp-proofing are available on request. The sale is offered with no onward chain.
Outside, there is a shallow front garden, a small parking space to the side and an enclosed, paved rear garden. A separate small single garage is located further along the road. A pedestrian right of way across neighbouring land provides access to the rear lobby.
Alwalton has a post office and store, a pub and restaurant, a church and a village hall. Peterborough city centre is around five miles away, with wider shopping and leisure facilities and rail services to London. The village also has access to the A1, A47, A605 and A14.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
70out of 100
Grade BGood opportunity
Confidence: MEDIUM
At £200,000, this three-bedroom period cottage is priced well below the local average per square foot, giving a buyer an attractive entry point for a substantial value-add project. Its character is visible in the exposed beams and stonework, while the enclosed, planted garden, separate garage and small parking space add useful features.
The £40,000–£75,000 renovation range points to a significant modernisation rather than a cosmetic refresh: the photographed rooms have dated finishes and wear, and the render shows localised deterioration. The thatched-roof condition report is available, alongside reports on the electrics and damp-proofing, so their findings will be important in shaping the scope.
Key opportunities
- Rework the dated interiors to create a cohesive modern home while retaining character features such as the exposed ceiling beams and stonework.
- The older fitted kitchen and bathroom finishes offer scope to update two of the most visible areas as part of the wider modernisation.
- An enclosed garden with established planting, plus a separate single garage and small parking space, provides useful outdoor and storage features.
Key risks
- The £40,000–£75,000 works range makes this a substantial modernisation programme rather than a cosmetic refresh; allow for the time and budget needed to coordinate the work.
- Review the available thatched-roof, electrical and damp-proofing reports before settling the scope, particularly given the visible weathering and localised deterioration to the render.
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Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
Monthly Repayments
£756
Based on a loan of £150,000 over 30 years at 4.45% interest
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