House & Development Opportunity, Park Crescent: Peterborough
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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

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
339,299.00 £
Increased by 1.34 %
from 334,823.00 £
Average area rental value
1,364.00 £/mo
Increased by 34.92 %
from 1,011.00 £/mo
Est rental Yield
4.82 %
Increased by 33.15 %
from 3.62 %
Crime Rate
1.00 %
Unchanged by 0.00 %
from 1.00 %

Agent Activity

  • Jolliffe Daking marked this listing as sold.

  • Jolliffe Daking created the listing.

Nearby Schools

NameTypeOfstedDistance
Greater Peterborough UtcUniversity Technical CollegeRequires improvement0.15 KM
Thomas Deacon AcademyAcademy Sponsor LedGood0.34 KM
Inspire Education GroupFurther Education0.52 KM
The King'S (The Cathedral) SchoolAcademy ConverterOutstanding0.72 KM
Queen'S Drive Infant SchoolCommunity SchoolGood0.73 KM

Images

Front Elevation Rear Garden B Main Lounge B Sitting Room A Main Lounge A Sitting Room B Dining Room A Dining Room D Conservatory A Dining Room B Dining Room C Conservatory B Study/Music Room A Study/Music Room B Kitchen/Breakfast Room A Kitchen/Breakfast Room C Cloakroom A Cloakroom B Kitchen/Breakfast Room B Entrance Hall A Entrance Hall B Utility Room A Utility Room B Stairs to First Floor Stairs from Landing Landing B Bedroom 1 A Bedroom 1 B Bedroom 2 Bedroom 3 A Bedroom 3 B Bedroom 4 A Bedroom 4 B Ensuite Shower Room A Ensuite Shower Room B Bedroom 5 A Bedroom 5 B Bedroom 6 A Bedroom 6 B Bathroom 1 A Bathroom 1 B Bathroom 2 A Bathroom 2 B Attic Room 1 Landing A Front Elevation with Drive Front Elevation from Road Front Entrance Date Stone Front Garden A

Nearby Streets

NameAverage PriceAverage SqftDistance
St Mary's Close £ 000.00 KM
Cheltenham Close £ 210,00000.00 KM
Henry Street £ 123,75000.00 KM
St. Marks Street £ 215,00000.00 KM
Hawthorn Road £ 280,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Peterborough6133PBO2.15 KM

Nearby Listings

AddressPriceTypeScoreDistance
House & Development Opportunity, Park Crescent: Peterborough £ 1,600,000BUY7 / 100.00 KM
Park Crescent, Peterborough £ 1,150,000BUY8 / 100.20 KM
Park Crescent, PETERBOROUGH £ 279,000BUY6 / 100.20 KM
Park Crescent, Peterborough £ 1,600,000BUY8 / 100.20 KM
Broadway, Peterborough, PE1 £ 575,000BUY8 / 100.35 KM

Nearby Properties

AddressPriceDistance
7a Park Crescent £ 595,0000.01 KM
21 Park Crescent £ 850,0000.01 KM
37a Park Crescent £ 805,0000.01 KM
1 Park Crescent £ 675,0000.06 KM
37 Park Crescent £ 652,0000.06 KM