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5 bed property, in Thorpe Lea Road, £800,000
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5 bed detached house

Thorpe Lea Road, Peterborough, Cambridgeshire PE3
Auction Planning
£800,000
-17.9%

Price History

Initial price £975,000
Oct 29, 2025 £800,000
Dec 31, 2025 £750,000
Mar 4, 2026 £725,000
Apr 12, 2026 £800,000
Price Change -17.9%

Our Summary

  • **For Sale by the Modern Method of Auction
  • Potential for redevelopment (subject to planning)
  • Self-contained two-bedroom ground-floor apartment, requiring renovation
  • Three-bedroom main house over three floors- habitable, requiring modernisation
  • The apartment would benefit from renovation and could suit multi-generational living, guest accommodation, or rental use
  • While some areas of the property would benefit from updating, the size, layout, and central location provide clear scope to add value and tailor the accommodation to suit individual needs
  • The layout also offers potential for reconfiguration or redevelopment, subject to the relevant planning permissions
  • To fully appreciate the space and potential on offer, early viewing is highly recommended

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Description

This detached period home in central Peterborough offers a unique opportunity for owner-occupiers and investors alike. The property, set on a generous plot with ample parking, is currently arranged as a spacious three-bedroom main house over three floors, perfect for immediate occupation. Additionally, a self-contained two-bedroom ground-floor apartment provides flexibility for multi-generational living, guest accommodation, or rental use.

While some areas of the property would benefit from updating, the size, layout, and central location provide clear scope to add value and tailor the accommodation to suit individual needs. The property also offers potential for reconfiguration or redevelopment, subject to planning permissions, making it a rare find in a highly sought-after location. Early viewing is highly recommended to appreciate the space and potential on offer.