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
- 71,897Increased by 12%
- Rental Yield Growth
- 24.57%Decreased by 4.05%
Agent Activity
Rosedale Property Agents created the listing.
Nearby Schools
Name | Type | Ofsted | Distance |
---|---|---|---|
Queen'S Drive Infant School | Community School | Good | 0.45 KM |
All Saints' Cofe (Aided) Primary School | Voluntary Aided School | Good | 0.49 KM |
The Beeches Independent School | Other Independent Special School | Requires improvement | 0.58 KM |
Gladstone Primary Academy | Academy Sponsor Led | Requires improvement | 0.71 KM |
Thomas Deacon Academy | Academy Sponsor Led | Good | 0.86 KM |
Images
Nearby Streets
Name | Average Price | Average Sqft | Distance |
---|---|---|---|
Victoria Street | £ 0 | 0 | 0.00 KM |
Green Lane | £ 185,000 | 0 | 0.00 KM |
Henry Street | £ 123,750 | 0 | 0.00 KM |
Alexandra Road | £ 0 | 0 | 0.00 KM |
Rock Road | £ 110,000 | 0 | 0.00 KM |
Nearby Transport
Name | NLC | TLC | Distance |
---|---|---|---|
Peterborough | 6133 | PBO | 1.49 KM |
Nearby Listings
Address | Price | Score | Distance |
---|---|---|---|
Alma Road, Peterborough, PE1 | £ 490,000 | 5 / 10 | 0.00 KM |
The Pavillions, Alma Road, Peterborough, PE1 | £ 45,000 | 5 / 10 | 0.07 KM |
Alma Road, Peterborough, PE1 | £ 220,000 | Unknown | 0.14 KM |
St. Martins Street, Peterborough | £ 80,000 | Unknown | 0.14 KM |
St Martins Street, Central, Peterborough, PE1 | £ 90,000 | Unknown | 0.14 KM |
Nearby Properties
Address | Price | Distance |
---|---|---|
20 Alma Road | £ 90,000 | 0.02 KM |
66 Alma Road | £ 187,000 | 0.02 KM |
74 Alma Road | £ 90,665 | 0.02 KM |
102 Alma Road | £ 145,000 | 0.02 KM |
114 Alma Road | £ 124,000 | 0.02 KM |