5 bed bungalow for sale

North Street, Stanground, Peterborough PE2

Butler & Co Estate Agents are delighted to present this rare opportunity to acquire a high-yielding, well-presented five-bedroom HMO property situated in the sought-after residential area of Stanground, Peterborough.

This spacious and fully renovated property has been finished to a high standard, offering excellent shared accommodation It features a bright and airy communal kitchen/living area, a modern bathroom and additional shower room, and generously sized private bedrooms—all designed with comfort and functionality in mind.

Externally, the property boasts off-road parking for several vehicles, a garage, and a landscaped front and rear gardens, providing valuable outdoor space for tenants.

With potential for immediate rental income, this is an ideal turnkey investment opportunity for landlords or those looking to expand their portfolio.

Property Snapshot

Property Type: Detached Bungalow
Bedrooms: 5 (all generously sized and well-furnished)
Bathrooms: 2 (one main bathroom and one additional shower room)
Condition: Fully refurbished to a high standard
Tenure: Freehold
Double Glazing & Modern Fixtures throughout
Front & Rear Landscaped Gardens with patio and gazebo
Garage: Detached single garage
Parking: Multiple off-road spaces on private driveway
Furnishings Included: Yes — fully furnished

Investment Snapshot

Turnkey Condition: Renovated kitchen, bathrooms, flooring, lighting, and décor
Fully HMO Compliant: Fire doors, smoke alarms, and emergency lighting
Energy Efficient: EPC Rating C — lower running costs for tenants
No Immediate CapEx: New roof cleaning and sealing, all utilities replaced, chimneys repointed
Furnished and Equipped: Appliances, beds, wardrobes, desks, sofas, and dining furniture included
High Rental Yield: 7.5%+ gross yield potential (based on asking price)
Modern finish
Fully compliant licensing
No maintenance needs
High occupancy rate and demand

Location highlights:

Popular residential area with strong tenant demand
Excellent access to local shops, schools, and amenities
Convenient transport links to Peterborough city centre and railway station
Viewing is highly recommended to appreciate the quality and potential of this outstanding investment property.

Property Overview

Entrance Hallway – 5.77m x 5.05m (18'11" x 16'7") Maximum
Entrance door leading into a spacious hallway, providing access to five private bedrooms, a shared family bathroom, a separate shower room, and opening into the communal living area.

Communal Living/Dining/Kitchen – 4.39m x 3.84m (14'5" x 12'7") Maximum
A bright and modern open-plan communal space, re-fitted with matching wall and base units, work surfaces over, and appliances including a 5-ring induction hob, built-in double oven, integrated dishwasher, and washing machine. The area also includes a large four-seat dining table and a sofa, providing a comfortable shared space for cooking, dining, and relaxing. Dual-aspect double glazed windows to the rear and side, along with a glazed door to the garden, offer plenty of natural light and easy outdoor access.

Bedroom One – 6.07m x 3.05m (19'11" x 10'0") Maximum
Double glazed bay window to the front, aluminium radiator, and spotlights.

Bedroom Two – 4.70m x 2.92m (15'5" x 9'7")
Double glazed bay window to the front, aluminium radiator, and spotlights.

Bedroom Three – 3.91m x 2.92m (12'10" x 9'7") Maximum
Double glazed window to the front, aluminium radiator, and spotlights.

Bedroom Four – 3.07m x 2.92m (10'1" x 9'7")
Double glazed window to the rear, aluminium radiator, and spotlights.

Bedroom Five – 3.84m x 3.05m (12'7" x 10'0") Maximum (L-shaped)
Double glazed window to the rear, aluminium radiator, and spotlights.

Bathroom – 2.01m x 1.57m (6'7" x 5'2")
Re-fitted with a three-piece suite comprising a vanity wash hand basin, low-level WC, and a deep panelled bath. The bathroom also benefits from fully tiled walls and flooring, along with a heated towel rail.

Shower Room – 2.01m x 1.57m (6'7" x 5'2") Maximum
Re-fitted with a three-piece suite comprising a vanity wash hand basin, low-level WC, and a corner shower enclosure. The room also features fully tiled walls and flooring, and a heated towel rail.

Outside
To the front, a landscaped garden is mainly laid to stone chips with a footpath leading to the entrance door, enclosed by a brick wall.

A generous driveway to the side provides off-road parking and leads via lockable double gates to the rear and garage.

The rear garden features a spacious sun patio area with a gazebo, along with a lawned section that wraps around the rear and side of the property.

Whether you're adding to an established portfolio or looking for your first high-performing asset, 60 North Street delivers on every front.

important notice:

Butler & Co Estate Agents give notice that these property details do not constitute an offer or contract or part thereof. All descriptions, photographs and plans are for guidance only and should not be relied upon as statements or representations of fact. All measurements are approximate and not necessarily to scale. The text, photographs and plans are for guidance only, our images only represent part of the property as it appeared at the time they were taken. Any prospective purchaser must satisfy themselves of the correctness of the information within the particulars by inspection or otherwise. Butler & Co Estate Agents does not have any authority to give any representations or warranties whatsoever in relation to this property (including but not limited to planning/building regulations), nor can it enter into any contract on behalf of the Vendor.

None of the services, equipment or facilities have been tested by Butler & Co Estate Agents and therefore no guarantee can be given as to their operating ability or efficiency. Butler & Co Estate Agents accepts no responsibility for any expenses incurred by prospective buyers in inspecting properties or in the pursuance of a property purchased that does not complete for any reason.

Link for buyer guide in the virtual tour section