Alma Road, Peterborough, PE1
RO

Alma Road, Peterborough, PE1

By Rosedale Property Agents

£ 490,000

Reviews

2 out of 5 stars

Rosedale Property Agents says ..

*** UNIQUE OPPORTUNITY TO PURCHASE A HOUSE SPLIT INTO 2 FLATS AND A DETACHED PREFABRICATED HOME *** '' Currently tenanted with a yield of over 7%, a unique opportunity awaits in PE1. The first floor flat is a spacious 1 bedroom with a courtyard which is currently rented out...

Property Oracle says ..

This property in Peterborough, Cambridgeshire, is listed at £490,000 and boasts six bedrooms and three bathrooms. The interior photos depict a recently modernised property with a contemporary design and updated kitchen and bathrooms. The floor plan layout, however, is not available and the property description suggests it’s actually split into multiple flats and includes a separate prefabricated home. This significantly impacts the property’s overall presentation. The lack of garden space is a notable drawback, as the outside area is largely paved and doesn’t offer a traditional garden. The surrounding area seems to include nearby schools and transport links but the external photos raise concerns about the immediate environment. While the interior presents well, the property’s overall value is uncertain considering its multi-unit nature and lack of traditional outdoor space. Potential buyers should carefully consider this aspect before proceeding. Further information on the specific condition and layout of each unit within the property would clarify its market value and appeal more clearly. The description does also mention a strong rental yield (over 7%), which may be a key factor for some investors.

Therefore, we give this property 5 / 10. Disclamer: This is our opition and does constitute a recommendation or financial advice. Do your own research.

Price
7
Condition
7
Location
6
Land
2
Bedrooms
6
Bathrooms
3
Sqft (est)
1,000.00

Metrics

Area value Growth
71,897
Increased by 12%
from 70,946
Rental Yield Growth
24.57%
Decreased by 4.05%
from 28.62%

Agent Activity

  • Rosedale Property Agents created the listing.

Nearby Schools

NameTypeOfstedDistance
Queen'S Drive Infant SchoolCommunity SchoolGood0.45 KM
All Saints' Cofe (Aided) Primary SchoolVoluntary Aided SchoolGood0.49 KM
The Beeches Independent SchoolOther Independent Special SchoolRequires improvement0.58 KM
Gladstone Primary AcademyAcademy Sponsor LedRequires improvement0.71 KM
Thomas Deacon AcademyAcademy Sponsor LedGood0.86 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Victoria Street £ 000.00 KM
Green Lane £ 185,00000.00 KM
Henry Street £ 123,75000.00 KM
Alexandra Road £ 000.00 KM
Rock Road £ 110,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Peterborough6133PBO1.49 KM

Nearby Listings

AddressPriceScoreDistance
Alma Road, Peterborough, PE1 £ 490,0005 / 100.00 KM
The Pavillions, Alma Road, Peterborough, PE1 £ 45,0005 / 100.07 KM
Alma Road, Peterborough, PE1 £ 220,000Unknown0.14 KM
St. Martins Street, Peterborough £ 80,000Unknown0.14 KM
St Martins Street, Central, Peterborough, PE1 £ 90,000Unknown0.14 KM

Nearby Properties

AddressPriceDistance
20 Alma Road £ 90,0000.02 KM
66 Alma Road £ 187,0000.02 KM
74 Alma Road £ 90,6650.02 KM
102 Alma Road £ 145,0000.02 KM
114 Alma Road £ 124,0000.02 KM