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 bungalow · PE3 6BY
Listing removedListed 82 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
LEA GARDENS leads off Thorpe Lea Road and forms part of one of the city's most sought-after residential areas.
It is within walking distance of the Queensgate shopping complex, Nene Park with its wide range of leisure facilities and the mainline railway station.
THIS EXTENDED TWO BEDROOM DETACHED BUNGALOW is believed to have been built in 1960s and has brick elevations with an interlocking tiled roof.
ENERGY PERFORMANCE GRAPH A copy of the full Energy Performance Certificate is available for inspection at our office. COUNCIL TAX Band 'D' payable to Peterborough City Council.
THE ACCOMMODATION is as follows (N.B. All dimensions are approximate) :- GROUND FLOOR Covered Entrance: Stone threshold. Courtesy lighting. Entrance Hall: 22' (6.70m) x 4' 7” (1.39m).
uPVC entrance door with obscure double glazed top panel. Fitted carpet. Built-in storage cupboard with fitted shelf and coat hooks. Radiator.
Trap-door to partly boarded roof-void accessed by aluminium ladder, electric light, power and “Baxi 800” gas-fired boiler serving central heating and hot water.
Lounge: 15' 8” (4.77m) x 11' 11” (3.63m), max. uPVC double glazed oriel window. Fitted carpet. Radiator. “Celsi B-127960” electric fire. Dresser with cupboards and fitted shelves.
L-shaped Kitchen/Diner: 15' (4.57m) x 12' 7” (3.83m) plus 11' (3.35m) x 8' (2.43m). uPVC double glazed window with side aspect. Recessed ceiling lights. Tiled floor.
Granite worktops with inset stainless steel one-and-a-quarter bowl sink and with cupboards under. Matching wall mounted cupboards. Island with granite worktop and with drawers and cupboards under.
Integrated fridge and freezer, “Hotpoint” washer/dryer. Freestanding “AEG Competence” electric double oven with five-ring “Schott Ceran” hob and with “AEG” filter/light over.
Bedroom 1: 16' 3” (4.95m) x 9' 9” (2.97m), min. uPVC double glazed window with rear garden aspect. Fitted carpet. Range of fitted wardrobes with sliding doors, shelves and hanging rails.
Telephone point. Radiator. En-suite Shower Room: 9' 1” (2.76m) x 3' 3” (0.99m). uPVC obscured double glazed window. Recessed ceiling lights. Tiled floor. Glazed shower cubicle with mains shower over.
Hand-basin with cupboards and drawers under and tiled splashback. Close-coupled w.c. Chrome ladder-style towel rail/radiator. “Dimplex” wall heater. Extractor fan. Shaving socket.
Bedroom 2: 11' 10” (3.60m) x 10' 10” (3.30m). uPVC double glazed oriel window with front aspect. Fitted carpet. Radiator. Wet Room: 11' 10” (3.60m) x 5' 7” (1.70m). uPVC obscured double glazed window.
Recessed ceiling lights. Walls part tiled. Vinyl flooring. “Mira Advance Flex” shower. Wall mounted hand-basin. Close coupled W.C. Shaving socket. Chrome towel rail/radiator. “Eterna” electric heater.
Extractor fan. OUTBUILDINGS Detached Brick Garage: 25' 10” (7.87m) x 8' 4” (2.54m). Electric up-and-over door. uPVC obscured double glazed window.
uPVC access door with obscured double glazed top panel. Electric light and power. GARDENS & PARKING Walled Front Garden: Paved with concrete driveways providing off-road parking for several vehicles.
Cold water tap. Vehicular access gates leading to Rear Garden. Pedestrian access gate leading to Rear Garden. Enclosed Rear Garden: Lawned areas. Paved areas. Cold water tap. Summer House. Courtyard.
Courtesy lighting. VIEWING & DIRECTIONS Viewing is only by prior arrangement through this Agency.
Leave Peterborough city centre via Thorpe Road, cross the Crescent Bridge and take the second left turn at the traffic lights into Thorpe Lea Road.
Take the first left into Lea Gardens and turn left again. This property is on the right.
TENURE We are informed by the Vendor that the property is freehold and that vacant possession will be given on completion of sale.
SERVICES It is understood that all mains services are either connected, or are available for connection to the property.
NOTES None of the appliances or services has been tested and prospective purchasers must satisfy themselves that they are in working order.
The floor plan included in these particulars is intended as an approximate guide only and its accuracy is not guaranteed. The approximate floor area of 1049 sq. ft. (97 sq.
m) shown on the website excludes the garage which has an area of 215 sq. ft. (19 sq. m).
The Agents for themselves and for the owner of this property hereby give notice that: (1) These particulars do not in any way constitute an offer or a contract; (2) Any intending purchasers/tenants must not rely on the statements made in these particulars as representations of fact, but must satisfy themselves by inspection or otherwise as to their correctness as they are made without acceptance of any responsibility on the part of the Agents or the owner; (3) No representation whatever in relation to this property is made or given by the Agents or the owner, nor has any person in their employment any authority to make or give any such representation or warranty.
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 Lea Gardens: Peterborough
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