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See how verdicts work3-bedroom semi-detached house · PE7 1SG
For saleListed 10 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Your Chance To Buy A Three Bedroom Home AND A Building Plot - All On One Title.
A tenanted three bedroom semi-detached house in Whittlesey, offered together with a self-contained building plot at the rear that already has Planning Permission in Principle for a new dwelling.
Most people have to choose. You either buy a tenanted house that gives you an immediate rental income, or you buy a plot and start again from scratch.
Rarely do you get both on one title, from one owner, at one price. That's what makes Eastrea Road worth a proper look.
It's a modern three-bedroom semi-detached home with a long-term tenant already in place, AND a self-contained building plot at the rear with Planning Permission in Principle granted by Fenland District Council for a brand new dwelling.
At first glance it's an unassuming semi-detached on Eastrea Road, well positioned for everything Whittlesey offers.
The ground floor has a bright entrance hall opening into a long galley kitchen at the back, fitted with warm oak units.
The main living space is also off the hallway a generous full-depth lounge diner that runs from the front window right through to the back of the house, nearly 28 feet from end to end.
There’s room for a proper dining area at one end and a comfortable sitting area at the other, with soft neutral tones and a feature media wall.
It’s a flexible space that suits family meals, relaxing in front of the TV, and setting up a desk for home working..
Upstairs there are three bedrooms and a modern white family bathroom with a separate bath and shower. Two are good-sized doubles.
The third is a smaller room the tenant currently has a double bed in it.
Outside, there is a long private driveway to the front with off-road parking for several cars, leading to a detached garage to the side.
The rear garden is substantial, laid to lawn with mature trees and plenty of privacy around the boundary.
The garden has real potential as an entertaining space for family and friends, with plenty of room for a new owner (or a family moving in further down the line) to put their own stamp on it.
Now for the part that makes this a genuinely interesting opportunity.
Planning Permission in Principle has been granted by Fenland District Council under application F/YR26/0026/PIP for the erection of one new dwelling on land to the north of the house, subject to the demolition of the existing garage.
The approved application covers part of the current rear garden, giving a self-contained plot alongside a comfortable, usable garden for the existing house.
The next step, for anyone wanting to progress, is a Technical Details Consent (full planning) application in line with the Permission in Principle.
The vendor has already engaged with Fenland and the full application file is on the council planning portal under reference F/YR26/0026/PIP. Copies of the key documents are available on request.
The property is currently tenanted on a long-term let.
If you are buying as an investment, you can keep the rent coming in while you progress the Technical Details Consent and bring the plot forward in your own time.
If you are a self-builder wanting both a ready-made home and a plot to work on, you have that too.
And if you simply want a family home with a long-term project to grow into or pass on, that option is yours from day one.
Eastrea Road sits on the Eastrea side of Whittlesey, about a 10 minute walk or 3 minute drive from Whittlesey town centre, with its range of local shops, restaurants, the leisure centre and the library.
For families, there is a choice of local primary schools and Sir Harry Smith Community College (rated Good by Ofsted) is around a 5 minute walk away.
Whittlesey is a lovely, quiet market town that's also well connected.
Peterborough is around 20 minutes drive or 10 minutes on the train from Whittlesea station, with East Coast Mainline connections to London King's Cross in around an hour.
A property this size, with this kind of combined opportunity, doesn't come along very often. I'm expecting plenty of interest. Get in touch to arrange a viewing.
Cannon & Co Sales & Lettings are independent estate agents based in Whittlesey, covering Whittlesey, Peterborough and surrounding villages, with availability from 6am to 10pm daily.
Agent Note: Planning Permission in Principle (F/YR26/0026/PIP) grants acceptance of the principle of residential development on this site.
A subsequent Technical Details Consent application will be required before building work can commence.
Full planning documentation is available on request or via the Fenland District Council planning portal.
Disclaimer While every effort is made to ensure the information provided is as accurate as possible including property particulars your conveyancer is legally responsible for ensuring any purchase agreement fully protects your position.
Entrance Hall Lounge/Diner Kitchen Landing Bedroom One Bedroom Two Bedroom Three Family Bathroom Driveway and Parking Garage Garden Building Plot ID Verification As with all estate agents, Cannon & Co Sales and Lettings must adhere to ID and Money Laundering Regulations.
To comply with these regulations and prevent fraud and illegal activities, we are required to verify the identity of our clients.
This process involves an electronic ID verification, which incurs a fee of £15 plus VAT per person. This fee will be invoiced.
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
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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 Eastrea Road, Whittlesey, Peterborough, Cambridgeshire
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