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Land for sale
Alma Road, Peterborough, Cambridgeshire, PE1 3AW
£310,000
Alma Road, Peterborough, Cambridgeshire, PE1 3AW
£310,000
Our Summary
- This property is to be offered for sale by PROPERTY SOLVERS ONLINE CONDITIONAL AUCTION (56-DAY EXCHANGE/COMPLETION)
- Property Solvers Online Auctions presents this exceptional development opportunity measuring 6,845 sq ft with three income-producing houses located in the highly sought-after Alma Road, Peterborough, Cambridgeshire
- Presenting an exceptional development opportunity on Alma Road, Peterborough, Cambridgeshire, PE1 3AW - a prime site spanning 6,845 square feet
- With a generous land area, the site is well-suited for a variety of residential or mixed-use developments, offering immense potential for a lucrative investment (previous plans for the development of 6 flats can be forwarded upon request)
- This is a rare chance to acquire a well-positioned site with significant development potential in one of Cambridgeshire's thriving locations
- Contact us today for further details and to truly appreciate the full potential of this site we highly encourage you to book a viewing
- 56-day unconditional auction terms + conditions, AML requirements and fees are available on our website (Google "Property Solvers Auctions" and select "Auction Property for Sale" in the navigation)
- The preliminary legal pack can be viewed directly via the auction listing itself
- High income, high yielding development opportunity
- To be sold by Property Solvers Auctions (56-day "modern method" auction conditions)
Description
This property is a development opportunity in Peterborough, Cambridgeshire, consisting of a 6,845 sq ft site with three income-producing houses. The site is located on Alma Road, a highly sought-after area with easy access to the city centre. The three houses, which are already fully tenanted, provide a combined rental income of £3,000 per month. The property offers immense potential for a lucrative investment, with previous plans for the development of six flats available upon request. Alternatively, the site can be sold with vacant possession, providing a rare chance to acquire a well-positioned site with significant development potential. With strong demand for housing and commercial spaces in the area, this development site offers a fantastic opportunity to capitalize on the region's growth and increasing property values.