Considering the property’s condition, location, and significant land holding (including development potential), the list price of £450,000 seems somewhat high compared to nearby properties without similar land assets. The lack of comparable properties directly impacts a definitive price assessment. The development opportunity significantly increases the value but a degree of risk is associated with gaining planning permission and implementing the development.

Based on the photos, the property appears to be habitable but could benefit from some modernisation. The kitchen and bathroom look somewhat dated, and the overall aesthetic suggests a need for updating or refurbishment to enhance its appeal to buyers.

The property benefits from being close to several schools, including Fulbridge Children’s Centre (0.24km) and Fulbridge Academy (0.43km). Proximity to Peterborough train station (2.63km) also enhances its accessibility. While the immediate vicinity might lack extensive amenities, its position within Peterborough provides easy access to a wider range of services.

The property includes a significant amount of land, exceeding the typical plot size for a semi-detached house. This substantial land area presents additional value and potential for future development, adding considerable appeal to the property.