St Michaels Gate, Parnwell, Peterborough, PE1

INVESTOR OPPORTUNITY – 3 BEDROOM PROPERTY A rare opportunity to acquire a well-presented three-bedroom property, ideally suited to landlords, investors, or developers. The property is arranged with one bedroom on the ground floor and two bedrooms upstairs, offering a practical and flexible layout suitable for family living or rental purposes, and benefits from spacious living accommodation, well-proportioned rooms, and a private garden, with clear potential to add value through refurbishment or modernisation. Situated in Parnwell, Peterborough, the property is conveniently located close to local schools, shops, public transport links, and major road connections, making it highly attractive to tenants. Offered as an investment opportunity, this property provides strong rental yield potential along with scope for long-term capital growth, and early viewings are strongly 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.

Rental potential

Offered as a combined purchase, these two properties present an excellent investment opportunity with a rental potential of approximately £850 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.