Initial price	£420,000
12/04/25	£350,000
Price Change	-16.67%

This exceptional development opportunity in Peterborough, Cambridgeshire, presents a rare chance to acquire a well-positioned site with significant potential for residential or mixed-use developments. The property spans 6,845 square feet and includes three income-generating houses, already fully tenanted and providing a combined rental income of £3,000 per month. The site is situated on Alma Road, a highly sought-after location with easy access to Peterborough's city centre, making it an attractive spot for future residents or businesses. With strong demand for housing and commercial spaces in the area, this development site offers a fantastic opportunity to capitalize on the region's growth and increasing property values. The property is being offered for sale by Property Solvers Online Auctions, with a guide price of £350,000 and a 56-day unconditional auction term.