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See how verdicts work2-bedroom property · PE1 5XE
Sold STCListed 69 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*SOLD PRIOR TO MARKETING – FURTHER UNITS AVAILABLE* Offered for sale with no forward chain, this spacious double-unit park home is situated on the sought-after Fengate Mobile Home Park, just a short distance from Peterborough city centre, and offers a fantastic opportunity for buyers looking to add their own personal touch.
Welcome to this spacious double-unit park home, situated on the popular Fengate Mobile Home Park, just a stone's throw from Peterborough city centre.
Stepping through the front door, you are welcomed into a bright entrance hallway that flows conveniently through to the heart of the home, cleverly linking each of the principal rooms together.
To one side, the generously proportioned living/dining room offers plenty of space for both relaxing and entertaining, with ample room for freestanding furniture throughout.
The well-equipped kitchen sits adjacent, offering a practical layout with space for appliances, while a separate utility room provides useful additional storage and functionality, a real bonus for a home of this style.
A family bathroom, complete with bath, WC, and wash basin, serves the property's two bedrooms.
The master bedroom is a superb double, benefitting from plenty of natural light, while bedroom two offers further flexible space, ideal as a second bedroom, guest room, or home office depending on your needs.
Throughout, the home presents an excellent opportunity for a new owner to add their own personal touch, with scope to cosmetically enhance and modernise further, allowing buyers to create a home truly suited to their taste.
Externally, the property benefits from its own private, off-road parking, along with a private garden complete with a useful storage shed, perfect for outdoor enjoyment and additional storage alike.
This home is offered for sale with the added benefit of no forward chain, making for a smooth and straightforward purchasing process.
Please note that we do not currently hold the material information for this property, however the vendor is in the process of obtaining this, and it will be made available in due course.
Entrance Hall - 3.07 x 1.01 (10'0" x 3'3") - Living/Dining Room - 5.37 x 4.11 (17'7" x 13'5") - Kitchen - 2.64 x 2.76 (8'7" x 9'0") - Utility Room - 1.68 x 1.60 (5'6" x 5'2") - Master Bedroom - 2.60 x 3.42 (8'6" x 11'2") - Bathroom - 1.69 x 1.98 (5'6" x 6'5") - Bedroom Two - 2.66 x 2.94 (8'8" x 9'7") - Epc - Exempt - Tenure - Leasehold - At the time of marketing the vendor has informed us of the current lease terms.
Exact figures will be confirmed by the park manager when a sale has been agreed. Ground rent and service charge - £ tbc per annum ( £tbc per month) Draft Details Awaiting Vendor Approval -
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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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.
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About Fengate Mobile Home Park, Peterborough
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