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5 bedroom detached house for sale
Thorpe Lea Road, Peterborough, Cambridgeshire, PE3 6BX
£975,000
Thorpe Lea Road, Peterborough, Cambridgeshire, PE3 6BX
£975,000
Our Summary
- Prime Investment Opportunity - Detached Property in Central Peterborough
- A rare investment opportunity in central Peterborough - versatile detached property with strong development prospects, just a 5-minute walk from the city centre and train station
- A fantastic opportunity to acquire a versatile detached period property offering a mix of immediately usable accommodation alongside areas with significant development potential
- This property is ideal for investors, landlords, or developers looking to add value in a prime location
- The flexible layout lends itself to a variety of uses, including multi-unit rental, HMO conversion, or full redevelopment (subject to planning)
- Previous outline planning applications have been submitted for apartments - plans available on request
- Set on a generous, enclosed plot with ample off-street parking, the property is currently configured as a spacious 3-bedroom main house over three floors, suitable for immediate occupation, and a self-contained 2-bedroom ground-floor apartment requiring renovation
- While parts of the property would benefit from updating, the combination of location, scale, and layout offers huge scope to add value
- Large plot - redevelopment or extension potential (STPP)
Description
This is a rare investment opportunity in central Peterborough, offering a versatile detached property with strong development prospects. The property is a mix of immediately usable accommodation and areas with significant development potential, making it ideal for investors, landlords, or developers. The flexible layout lends itself to a variety of uses, including multi-unit rental, HMO conversion, or full redevelopment, subject to planning. The property is set on a generous plot with ample off-street parking and currently consists of a spacious 3-bedroom main house and a self-contained 2-bedroom ground-floor apartment requiring renovation. While parts of the property need updating, the combination of location, scale, and layout offers huge scope to add value, making it an attractive opportunity for those looking to capitalize on its potential.