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 work5-bedroom detached house · PE3 6BX
Listing removedReduced £20k (−2.5%) on 9 AugListed 411 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Detached Period Home | Central Peterborough | Space, Flexibility & Potential Ideally located just a five-minute walk from Peterborough city centre and the mainline train station, this detached period property offers an excellent opportunity for both owner-occupiers and investors in a highly sought-after location.
Set on a generous, enclosed plot with ample off-street parking, the property is currently arranged as a spacious three-bedroom main house over three floors, suitable for immediate occupation, alongside a self-contained two-bedroom ground-floor apartment offering further flexibility.
The apartment would benefit from renovation and could suit multi-generational living, guest accommodation, or rental use.
While some areas of the property would benefit from updating, the size, layout, and central location provide clear scope to add value and tailor the accommodation to suit individual needs.
The layout also offers potential for reconfiguration or redevelopment, subject to the relevant planning permissions.
Properties of this scale and versatility, within walking distance of the city centre, are rarely available. To fully appreciate the space and potential on offer, early viewing is highly recommended.
Contact EweMove Peterborough West today to arrange your appointment.
Tenure: Freehold Council Tax Band: E EPC Rating: E Auctioneers Comments: This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to complete within 56 days (the ”Reservation Period”).
Interested parties personal data will be shared with the Auctioneer (iamsold). If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT.
This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken.
Any payment that will be received by the Agent or Auctioneer will be confirmed to you in writing before services are taken. Services are optional.
Main House- First Floor Reception Room 6.63m x 3.4m - 21'9” x 11'2” A bright, airy room at the front of the property, leading through to the entrance hall of the main house.
Entrance Hall 3.31m x 4.47m - 10'10” x 14'8” This grand hallway leads to the drawing room, dining room, cloakroom, and kitchen/breakfast room. Stairs leads to the first-floor landing.
Drawing Room 4.45m x 6.71m - 14'7” x 22'0” A bright, spacious living room, located at the front of the property and accessed via the entrance hall.
Dining Room 4.24m x 4.57m - 13'11” x 14'12” This stylish dining room, with large windows overlooking the garden, is accessible via the entrance hall.
Cloakroom Comprises a 3 piece suite- toilet, bidet, and hand basin.
Kitchen / Breakfast Room 4.24m x 3.12m - 13'11” x 10'3” Between the entrance hall and lounge, the breakfast room comprises a range of base and wall units with worktops, a kitchen sink with drainer, and an integrated electric hob.
Space for a dining table.
Lounge/Morning Room 4.47m x 4.47m - 14'8” x 14'8” This bright, airy lounge/morning room, located at the rear of the property, is accessible via the breakfast room and kitchen.
Kitchen 4.17m x 3.83m - 13'8” x 12'7” The spacious family kitchen/dining room is accessed via the lounge/morning room and has 2 external patio doors, each leading to an outdoor courtyard.
Main House- Second Floor First Floor Landing/Study 3.3m x 4.47m - 10'10” x 14'8” This stylish landing, accessed via stairs from the entrance hall, leads to bedrooms 1 and 2.
Bedroom 1/Master Bedroom 4.29m x 6.61m - 14'1” x 21'8” Bedroom 1, accessed via the first-floor landing, looks out to the front of the property and leads to the dressing room.
Dressing Room 3.3m x 2.04m - 10'10” x 6'8” The dressing room leads from the bedroom to bedroom 1 ensuite.
Ensuite/Bedroom 1 4.22m x 3.12m - 13'10” x 10'3” Bedroom 1 ensuite comprises a toilet, bidet, hand basin, corner bath and separate shower cubicle.
Bedroom 2 4.24m x 3.92m - 13'11” x 12'10” Bedroom 2, overlooking the garden, is accessed via the first-floor landing and leads to bedroom 2 ensuite.
Ensuite/ Bedroom 2 Bedroom 2 ensuite comprises a stand-alone bath, toilet, hand basin, and shower cubicle.
Main House- Third Floor Bedroom 5 6.2m x 3.37m - 20'4” x 11'1” The third storey of the main house, an open plan living/loft space. Accessed via stairs from the first-floor landing.
Dressing Room/Bedroom 5 2.67m x 4.54m - 8'9” x 14'11” The third storey of the main house, an open plan living/loft space. Accessed via stairs from the first-floor landing.
Ensuite/ Bedroom 5 2.67m x 1.83m - 8'9” x 6'0” The third storey of the main house, an open plan living/loft space. Accessed via stairs from the first-floor landing.
Ground Floor Apartment Sun Room 7.24m x 3.35m - 23'9” x 10'12” Drawing Room 4.19m x 6.78m - 13'9” x 22'3” Kitchen/Breakfast Room 3.11m x 4.62m - 10'2” x 15'2” Dining Room 4.24m x 4.84m - 13'11” x 15'11” Utility Room 1.85m x 2.77m - 6'1” x 9'1” Bedroom 3 4.19m x 3.11m - 13'9” x 10'2” Bathroom Bedroom 4 4.37m x 4.29m - 14'4” x 14'1” Ensuite/ Bedroom 4 1.52m x 1.94m - 4'12” x 6'4” Outside The property is on a generous plot, enclosed and accessible via gates at different points.
Private gardens with off-street parking for multiple vehicles.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
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
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FAQ
About 31, Thorpe Lea Road, Peterborough
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