Summary - 28 LINCOLN GATE PETERBOROUGH PE1 2RD
1 bed 1 bath Retirement Property
Compact, low-maintenance flat close to station and city centre.
Over-55s age-exclusive community, first-floor for added privacy
This first-floor one-bedroom apartment is a practical, low-maintenance home for an over-55s buyer seeking independence close to Peterborough city centre and the train station. The accommodation includes an updated kitchen, a generous accessible shower room, a bright lounge and a roomy bedroom, all arranged over approximately 368 sq ft. Residents have access to communal gardens and off-street parking.
The property is sold via Modern Auction. Bidders should note an undisclosed reserve price, a non-refundable reservation fee (minimum £6,600 or 4.5% of the purchase price including VAT) and additional buyer fees. The lease has approximately 86 years remaining and the tenure is leasehold — factor in possible leasepack and legal costs before bidding.
Practical points to check: heating is by electric storage heaters (no communal gas), glazing is double but installation date is unknown, and the building dates from the early 1990s. The area is described as very deprived with higher local crime levels, so consider security, local services and council support when assessing suitability. Buyers should review the Buyer Information Pack and complete their own due diligence, including checks on service charges and lease terms.
For someone wanting a straightforward, age-exclusive base with easy access to transport links and communal outdoor space, this apartment offers a compact, ready-to-live-in option with clear renovation and tenure considerations to investigate before purchase.
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