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See how verdicts work3-bedroom terraced house · PE2 9DG
For saleReduced £15k (−7.5%) on 26 OctListed 124 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Symonds & Greenaway are delighted to present this excellent investment opportunity on Palmerston Road, Peterborough, PE2.
Offered for sale with no forward chain, this attractive freehold property has been thoughtfully converted into two self-contained flats, comprising a spacious two-bedroom ground floor apartment and a one-bedroom first-floor apartment.
Please note: The ground floor flat is being sold with tenants in situ, providing an immediate rental income opportunity for investors.
Ideally situated south of the River Nene, Palmerston Road enjoys a convenient location within easy reach of local schools, amenities, Peterborough City Centre, and train station, all of which are within walking distance.
This versatile property presents an excellent investment opportunity and further benefits from a private rear garden that is not directly overlooked.
Property Details Ground Floor Flat: Living Room – 4.65m x 3.29m Kitchen – 5.18m x 2.12m Bathroom – 3.59m x 2.57m Bedroom One – 4.25m x 3.23m Bedroom Two – 4.51m x 2.42m First Floor Flat: Landing – 0.92m x 3.38m Living Room – 3.22m x 3.29m Bedroom – 4.27m x 3.19m Kitchen – 4.29m x 1.97m Bathroom – 4.96m x 2.12m Outside - The property benefits from a private rear garden which is not directly overlooked, offering a good degree of privacy.
The garden is predominantly paved for low maintenance, with a selection of mature trees and shrubs towards the rear. Side-gated access provides convenient entry to the front of the property.
Disclaimer: These particulars, whilst believed to be accurate are set out as a general guideline and do not constitute any part of an offer or contract.
Intending Purchasers should not rely on them as statements of representation of fact but must satisfy themselves by inspection or otherwise as to their accuracy.
Solicitors should confirm moveable items described in the sales particulars and, in fact, included in the sale since circumstances do change during the marketing or negotiations.
Although we try to ensure accuracy, if measurements are used in this listing, they may be approximate.
Therefore, if intending Purchasers need accurate measurements to order carpeting or to ensure existing furniture will fit, they should take such measurements themselves.
Please note that we have not tested any apparatus, equipment, fixtures, fittings or services including gas central heating and so cannot verify they are in working order or fit for their purpose.
Photographs are reproduced general information and it must not be inferred that any item within the photographs are included for sale with the property.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
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FAQ
About Palmerston Road, Peterborough, PE2
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