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Hetley, Orton Goldhay, Peterborough PE2

East Midlands

£190,000
Listed on 05/10/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
974 sqft

Description

This three-bedroom end terrace house presents an ideal canvas for renovation and investment. While it offers spacious accommodations across its two floors, there is significant potential for modernization, making it an appealing option for both first-time buyers and investors looking to enhance value. The layout begins with a welcoming entrance hall that leads to a sizeable lounge featuring dual aspect windows for natural light. The large kitchen/diner provides ample space for reconfiguration, allowing for the creation of a contemporary culinary space. Additional conveniences include a cloakroom WC and a rear porch that could serve multiple purposes. On the upper floor, you’ll find three well-proportioned bedrooms, including two generous doubles equipped with built-in wardrobes. The landing area features an airing cupboard and a large walk-in store room that has promising conversion potential, subject to necessary approvals. A modern shower room is also situated on this level, complete with tiling and a Velux window that adds extra light. The exterior of the property boasts a substantial rear garden laid predominantly to lawn, providing opportunities for landscaping or outdoor enhancements. Established flower beds frame the yard while wooden fencing ensures privacy. To the front of the house, a stone-paved driveway offers off-road parking alongside a sheltered porch. Strategically positioned in close proximity to local shops, amenities, and reputable schools, this location also benefits from efficient road access and public transport options. Such conveniences add to the property's attractiveness as an investment opportunity or as a family home requiring personal touches. With its combination of space, location, and renovation potential, this property warrants early attention from those seeking to make their mark in this desirable area.

Investment Analysis

(PE2 area)

Below Market Value

This property is priced -24.5% below area average per sq ft

-24.5%
Potential saving
This Property
£195/sq ft
Area Average
£258/sq ft
Avg Rent (weekly)
£220
Avg Yield
5.1%

Renovation Potential

Est. Renovation Cost
£19,000 - £47,500
10-25% of property value
Target Value
£276,743
10% above area average per sq ft
Potential ROI
+16.5%
After renovation
Monthly Sales
36
Average per month
Market Turnover
21%
Properties sold annually

Local Market Trend (PE2)

Area prices are stable by +1.5% over the last 12 months
3 year growth: 3.8%
5 year growth: 14.6%
Investment Disclaimer: Analysis based on PE2 area averages and may not reflect property-specific factors like condition, exact location, or unique features. 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

Hetley, Orton Goldhay, Peterborough PE2
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