>
Land for sale
Alma Road, Peterborough, Cambridgeshire, PE1 3AW
£310,000
Alma Road, Peterborough, Cambridgeshire, PE1 3AW
£310,000
Price History
Initial price | £420,000 |
12/04/25 | £350,000 |
01/05/25 | £310,000 |
Price Change | -26.19% |
Description
This property is a development opportunity in Peterborough, Cambridgeshire, consisting of a 6,845 sq ft site with three income-producing houses. The site is located on Alma Road, a highly sought-after area with easy access to the city centre. The three houses, which are already fully tenanted, provide a combined rental income of £3,000 per month. The property offers immense potential for a lucrative investment, with previous plans for the development of six flats available upon request. Alternatively, the site can be sold with vacant possession, providing a rare chance to acquire a well-positioned site with significant development potential. 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.