Police carried out a raid at the address in Benland, Bretton yesterday in connection with suspected drug dealing in the area.
Officers discovered a large quantity of both class A and B drugs, a cannabis grow, and £425 in cash.
A 24-year-old man was arrested on suspicion of possession with intent to supply class A and B drugs, as well as producing cannabis.
Anyone with information about drug dealing in Peterborough should call police on 101.
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