We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom terraced house · PE1 2LQ
Listing removedReduced £15k (−8.3%) on 20 MayListed 323 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Set opposite Lincoln Road Park and within easy reach of local shops, transport links and the city centre, this Victorian terrace offers generous space, flexibility and the chance to add value.
Currently arranged as two double bedrooms , the home also features a large upstairs bathroom , which many buyers choose to convert back into a third bedroom.
With a second bathroom downstairs (currently used for storage), the layout is already in place to support the change if desired.
Inside, the property offers two good-sized reception rooms and a practical galley kitchen, with gas central heating and double glazing throughout.
Outside, you’ll find a long rear garden , ideal for anyone wanting outdoor space close to the city. There is ample on-street parking nearby on Occupation Road.
With plenty of scope to modernise and tailor the home to your own style, this is a great opportunity for first-time buyers, investors or anyone looking for a project with strong potential.
These details are prepared as a general guide only, and should not be relied upon as a basis to enter into a legal contract, or to commit expenditure.
An interested party should consult their own surveyor, solicitor or other professionals before committing themselves to any expenditure or other legal commitments.
Please note that any services, heating system or appliances have not been tested, and no warranty can be given or implied as to their working order. EPC rating: E.
Tenure: Freehold, Frontage PVCu double glazed door into living room. 15 second walk to Lincoln Road Park. Living Room 3.51m x 3.44m (11'6" x 11'3") PVCu double glazed window to front.
Radiator. Wood effect laminate flooring. Dining Room 3.31m x 3.13m (10'10" x 10'3") PVCu double glazed window to rear. Radiator. Storage cupboard housing meters. Wood effect laminate flooring.
Thermostat. Kitchen 2.54m x 2.11m (8'4" x 6'11") PVCu double glazed window to side aspect. Range of base & eye level units with worktops over. Tiled floor. Tiled splash backs.
Wall mounted boiler. PVCu double glazed door to rear garden. Utility Plumbing for washing machine. Space for fridge/freezer.
Bathroom 1.97m x 1.83m (6'6" x 6'0") Currently used as storage. Panel bath & pedestal hand wash basin. PVCu double glazed window to side aspect. Fully tiled walls. Extractor fan.
Rear Garden Mainly laid to lawn. Bedroom One 3.35m x 3.49m (11'0" x 11'5") PVCu double glazed window to front. Radiator. Built in wardrobe/storage cupboard.
Bedroom Two 3.33m x 3.5m (10'11" x 11'6") PVCu double glazed window to rear. Radiator. Bathroom 2.47m x 2.09m (8'1" x 6'10") PVCu double glazed window to rear. Radiator.
Three piece suite with panel bath, pedestal hand wash basin & WC. Tiled splash backs. Could be converted back to use as 3rd bedroom.
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
Agent & docs
FAQ
About Clarence Road, Millfield, Peterborough, PE1
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