House & Development Opportunity, Park Crescent: Peterborough
By Jolliffe Daking
£ 1,695,000
Reviews
3 out of 5 stars
Jolliffe Daking says ..
Spacious Edwardian Detached Family Residence within the Central Park conservation area, also with planning permission in principle for the building of two additional dwellings and for the residential conversion of the former coach house. Reception hall & cloakroom, 23ft lounge, 20ft sitting room,...
Property Oracle says ..
This property presents a unique opportunity in Peterborough. It’s a substantial Edwardian detached house situated in the desirable Central Park conservation area, offering a blend of period features and what appears to be some modern renovations. The inclusion of planning permission for two additional dwellings and the conversion of a coach house significantly increases the potential return on investment. The house itself features numerous rooms spread across multiple levels and has a large garden. The interior shows a mix of styles, some rooms appearing more dated, whilst others have been improved. The kitchen and bathrooms show modern updates. However, the overall finish is inconsistent. While the significant plot size and desirable location are considerable benefits, the lack of exact square footage and a comparison to average price per square foot makes judging the list price difficult. The price seems high in comparison to similar nearby properties but the addition of the development potential adds a substantial variable, which makes a thorough appraisal by a qualified surveyor essential for potential buyers. Considering all of these factors, potential buyers must weigh the development opportunity against the existing property’s needs and current market values.
Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 6
- Condition
- 7
- Location
- 8
- Land
- 7
- Bedrooms
- 7
- Bathrooms
- 3
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Metrics Year-on-Year
- Average area value
- 339,299.00 £Increased by 1.34 %
- Average area rental value
- 1,364.00 £/moIncreased by 34.92 %
- Est rental Yield
- 4.82 %Increased by 33.15 %
- Crime Rate
- 1.00 %Unchanged by 0.00 %
Agent Activity
Jolliffe Daking marked this listing as sold.
Jolliffe Daking created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Greater Peterborough Utc | University Technical College | Requires improvement | 0.15 KM |
| Thomas Deacon Academy | Academy Sponsor Led | Good | 0.34 KM |
| Inspire Education Group | Further Education | 0.52 KM | |
| The King'S (The Cathedral) School | Academy Converter | Outstanding | 0.72 KM |
| Queen'S Drive Infant School | Community School | Good | 0.73 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| St Mary's Close | £ 0 | 0 | 0.00 KM |
| Cheltenham Close | £ 210,000 | 0 | 0.00 KM |
| Henry Street | £ 123,750 | 0 | 0.00 KM |
| St. Marks Street | £ 215,000 | 0 | 0.00 KM |
| Hawthorn Road | £ 280,000 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Peterborough | 6133 | PBO | 2.15 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| House & Development Opportunity, Park Crescent: Peterborough | £ 1,600,000 | BUY | 7 / 10 | 0.00 KM |
| Park Crescent, Peterborough | £ 1,150,000 | BUY | 8 / 10 | 0.20 KM |
| Park Crescent, PETERBOROUGH | £ 279,000 | BUY | 6 / 10 | 0.20 KM |
| Park Crescent, Peterborough | £ 1,600,000 | BUY | 8 / 10 | 0.20 KM |
| Broadway, Peterborough, PE1 | £ 575,000 | BUY | 8 / 10 | 0.35 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 7a Park Crescent | £ 595,000 | 0.01 KM |
| 21 Park Crescent | £ 850,000 | 0.01 KM |
| 37a Park Crescent | £ 805,000 | 0.01 KM |
| 1 Park Crescent | £ 675,000 | 0.06 KM |
| 37 Park Crescent | £ 652,000 | 0.06 KM |