2-bedroom bungalow · PE3 9QE
Sold STCListed 164 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated within the established and well-connected area of Netherton, PE3, this two-bedroom bungalow presents an excellent opportunity for investors seeking a dependable long-term addition to their portfolio.
Occupying a convenient residential position close to local amenities and transport links, the property offers well-balanced single-level accommodation with broad appeal to a range of occupiers, contributing to its long-term investment potential.
The internal layout centres around a comfortable main reception room, providing space for both living and dining arrangements.
The adjoining kitchen is fitted with a range of units and offers practical day-to-day functionality, with scope for future enhancement if desired.
Both bedrooms are well proportioned, offering flexibility for sleeping accommodation, guest use or home working, while the bathroom is arranged with a bath, wash hand basin and WC.
Further benefits include gas central heating, freehold tenure, and a layout that lends itself well to low-maintenance living — an increasingly desirable feature within the local rental market.
It also comes with a garage providing useful parking or storage space.
Walcott Walk is positioned within easy reach of Peterborough city centre, local schools, supermarkets and surrounding transport routes, making it a consistently popular residential location for tenants and owner occupiers alike.
Overall, this is a straightforward and accessible investment opportunity within an established area of Peterborough, offering long-term appeal and future potential.
Status of Seller: The Church Commissioners is a registered charity (charity no 1140097), subject to charity law and regulated by the Charity Commission.
As a charity, we are bound to comply with the law and our governance arrangements when dealing with our land.
This means that we owe a legal duty to secure the best terms that can be reasonably obtained on disposal.
During the sale process, we therefore reserve our right to continue to consider all offers received, in our discretion, up until contracts are legally exchanged. EPC rating: C.
Tenure: Freehold, Living Room 5.8m x 3.9m (19'0" x 12'10") Kitchen 2.67m x 2.58m (8'9" x 8'6") Bedroom One 3.79m x 3.6m (12'5" x 11'10") Bedroom Two 3.6m x 2.78m (11'10" x 9'1") Wet Room/Bathroom 1.89m x 1.73m (6'2" x 5'8") Conservatory 2.78m x 2.5m (9'1" x 8'2")
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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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 Walcot Walk, Netherton, Peterborough, PE3
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