St Michaels Gate, Parnwell, Peterborough, PE1

** INVESTOR OPPORTUNITY ** A rare opportunity to acquire two well-presented three-bedroom properties being offered together as a single lot, ideal for investors or developers. Each property is arranged with one bedroom on the ground floor and two bedrooms upstairs, providing flexible accommodation suitable for families or rental purposes. Both homes benefit from spacious living areas, practical layouts, and private gardens, with potential to add further value through refurbishment or modernization. Situated in Parnwell, Peterborough, the properties are conveniently located close to local schools, shops, public transport, and main road links, making them highly desirable for tenants. Offered as a combined purchase, this is a unique chance to secure two properties in one transaction, providing excellent rental yield potential or long-term investment growth, and early viewings are recommended

Property 1

A spacious three-bedroom mid terraced home comprising an entrance hall, downstairs bedroom, WC, open-plan kitchen/diner, and lounge. To the first floor there are two double bedrooms and a family bathroom.

Property 2

A spacious three-bedroom end of terraced home comprising an entrance hall, downstairs bedroom, WC, open-plan kitchen/diner, and lounge. To the first floor there are two double bedrooms and a family bathroom.

Rental potential

Offered as a combined purchase, these two properties present an excellent investment opportunity with a rental potential of approximately £1,700 per calendar month. With vacant possession, they provide immediate income prospects for investors or the chance for future refurbishment to enhance returns further.

Agent Note

A large proportion of the estate is currently being utilised by the Local Authority for temporary housing accommodation. The property will, however, be sold with vacant possession. Prospective purchasers are advised to rely on their own enquiries and carry out all necessary due diligence in respect of the current use and any future implications.

Service Charge

A service charge of £800 per property, per annum will be payable by the property owner. This charge is due annually and covers the maintenance and management of communal areas and shared services. The service charge amount may be subject to review in accordance with the terms of the management agreement.

Belvoir Disclaimer

These particulars are issued in good faith but do not constitute representations of fact or form part of any offer or contract. All descriptions, dimensions, references to condition, necessary permissions for use and occupation, and other details are provided for guidance only and prospective purchasers or tenants must not rely on them as statements or representations of fact.

All interested parties should satisfy themselves as to the accuracy of the information provided by inspection of the property or by other means. Measurements are approximate and given for guidance purposes only. Fixtures, fittings, appliances and services have not been tested and no guarantee is given that they are in working order or fit for purpose.