Summary - 833 LINCOLN ROAD PETERBOROUGH PE1 3HG
3 bed 1 bath Terraced
Spacious 3-bed mid-terrace sold at auction — renovation project with strong rental potential.
Three-bedroom Victorian mid-terrace with two reception rooms
A substantial three-bedroom mid-terrace on Lincoln Road offered for sale by Modern Auction. The house provides generous reception space including a large lounge/diner, a modern-fitted kitchen, and three well-proportioned bedrooms across two floors. With a decent rear garden and small front yard, the plot is practical for families or rental layouts.
The property requires renovation and cosmetic updating throughout — an opportunity for value-add refurbishment. Construction is solid brick (likely pre-1930) with double glazing fitted at an unknown date; walls currently appear uninsulated. Heating is mains gas via boiler and radiators. Buyers should budget for updating and possible remedial works (decor, flooring, mechanicals and insulation) to bring the house to modern standards.
Sale is by Modern Auction with an undisclosed reserve and buyer fees. A non-refundable reservation fee applies on successful purchase (4.5% including VAT, minimum £6,600), plus a preparation fee (up to £349). Auction procedures require ID and proof of funding; complete buyer due diligence is advised before bidding.
This property suits investors and experienced refurbishing buyers seeking a project in a city location with fast broadband, excellent mobile signal, low council tax and decent room sizes. Note the local area shows higher crime and significant deprivation; factor this into rental demand, tenant profiling or resale plans.
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