Land for sale

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Land for sale

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.