3 bed house for sale St Michaels Gate, Parnwell, Peterborough, PE1

3 beds 1 bath House

Freehold

Added on 16/09/2026

About this property

INVESTOR OPPORTUNITY – 3 BEDROOM PROPERTY A rare opportunity to acquire a well-presented three-bedroom property, ideally suited to landlords, investors, or developers. The property is arranged with one bedroom on the ground floor and two bedrooms upstairs, offering a practical and flexible layout suitable for family living or rental purposes, and benefits from spacious living accommodation, well-proportioned rooms, and a private garden, with clear potential to add value through refurbishment or modernisation. Situated in Parnwell, Peterborough, the property is conveniently located close to local schools, shops, public transport links, and major road connections, making it highly attractive to tenants.

Key features

Ideal investment
Viewing arrangements: available on request; viewings can be coordinated for both properties togeth
Potential rental income £1000 pcm
Ideal opportunity for developers and investors
Cul de sac location close to local amenities
Ideal refurbishment projects

Floorplan

Location

St Michaels Gate, Parnwell, Peterborough, PE1, PE1 4YJ

Open map Street View

Council tax: Band B (Approx £1,784/year)

Mortgage and stamp duty

Property price £121,500

£60k £183k

Deposit10% £12,000

£0 £122k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £109,500 mortgage. Most lenders would want a household income of about £25,000 to support it.

A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.

Historic sold prices nearby

HM Land Registry sales in PE1 4YJ. Floor areas from Energy Performance Certificates where matched.

Address	Type	Sold	Size	Size	£/sq ft	Price
36, St Michaels Gate Semi-detached	Semi-detached	Jun 2022	872 sq ft £218/sq ft	872 sq ft	£218	£190,000
23, St Michaels Gate Terraced · new build	Terraced · new build	Mar 2019	872 sq ft £132/sq ft	872 sq ft	£132	£115,000
16, St Michaels Gate Terraced · new build	Terraced · new build	Dec 2018	829 sq ft £176/sq ft	829 sq ft	£176	£146,000
14, St Michaels Gate Terraced · new build	Terraced · new build	Dec 2018	829 sq ft £176/sq ft	829 sq ft	£176	£146,000
15, St Michaels Gate Terraced · new build	Terraced · new build	Dec 2018	829 sq ft £176/sq ft	829 sq ft	£176	£146,000
12, St Michaels Gate Terraced · new build	Terraced · new build	Nov 2018	893 sq ft £118/sq ft	893 sq ft	£118	£105,000
58, St Michaels Gate Terraced · new build	Terraced · new build	Oct 2018	829 sq ft £90/sq ft	829 sq ft	£90	£75,000
17, St Michaels Gate Terraced · new build	Terraced · new build	Sept 2018	732 sq ft £199/sq ft	732 sq ft	£199	£146,000