68 Montagu Road, Peterborough, PE4 6EP

Description

A Terrace House requiring modernisation.

Accommodation

Accommodation arranged on two floors. First Floor: Bedroom (One), Bedroom (Two), Wet Room/WC. Ground Floor: Entrance Hall, Living Room, Kitchen, Utility, Dining Area, WC. Front Garden. Garden at Rear.

Location

Situated on Montagu Road, close to the amenities available in Peterborough City Centre and travelling facilities including Peterborough Train Station. Bretton Park is also nearby.

Tenure / Property Information

Investment Analysis

The supplied completed sales on Montagu Road range from £80,000 to £180,000, including three terraced-house sales at £80,000, £151,000 and £180,000. Bedroom counts, floor areas and condition are not supplied, so direct comparability is limited. A base GDV of £151,000 is used as an indicative midpoint anchored to the £151,000 terraced sale, with the observed terraced-sale range shown as the low/high scenario. This is not a formal valuation.

Investment Snapshot

Strategy Recommendation

Proceed only after inspection, legal review and a detailed refurbishment budget. Do not rely on the headline GDV or the non-local rental evidence to set a bid.

Works Required

Modernisation of the existing two-storey house, with the precise scope to be confirmed by inspection. The supplied description identifies a kitchen, wet room/WC, separate WC, utility and general accommodation, but does not evidence specific defects or required systems upgrades.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

Using the indicative £151,000 base GDV, 75% refinance is £113,250. A BRRR assessment cannot establish cash left in because refurbishment, finance, tax and other project costs are not supplied. The guide is £60,000 plus the £1,500 buyer premium, subject to the auction result and special conditions.

Buy-to-Let Analysis

BTL returns cannot be reliably calculated. The only supplied rental evidence is a £925 pcm asking rent for a two-bedroom property in Deeping Saint James, PE6, not this PE4 property, and no auctioneer rent estimate is provided. The £1,500 buyer premium is known, but refurbishment and other potential completion costs are not quantified.

Flip Analysis

A flip may have apparent value upside against the £60,000 guide, but the conclusion is not reliable without a refurbishment quotation, purchase price, finance costs, selling costs and confirmation that the comparables are genuinely comparable in size, bedroom count and condition. No flip surplus is calculated.

Investor Risks & Due Diligence

• Refurbishment scope and cost are unquantified despite the property requiring modernisation.

• Comparable sales vary materially in price and lack bedroom, floor-area and condition details.

• Rental evidence is an advertised asking rent from a different postcode area and is not a passing or achieved rent for this property.

• The final purchase price may exceed the £60,000 guide.

• Seller-charged additional completion fees may apply under the special conditions.

• Finance, tax and selling costs are not supplied and could materially affect returns.

Recommendation

Proceed only after inspection, legal review and a detailed refurbishment budget. Do not rely on the headline GDV or the non-local rental evidence to set a bid.

Strategy Rating

Analysis Confidence

There are several same-road completed sales and a stated guide price, but the comparables lack bedroom, floor-area and condition details; refurbishment costs, local achieved rent, finance costs and other completion or selling costs are unavailable.