Summary - Apartment 5, 107, Lincoln Road PE1 2SH
1 bed 2 bath Flat
Affordable one-bed with parking, ideal for investors seeking central stock.
City-centre location, close to amenities and transport
A one-bedroom second-floor apartment in a converted Victorian semi, offered with no onward chain and priced at £100,000. The flat provides a double bedroom with en-suite, a separate bathroom, an open lounge with bay-window proportions and an allocated off-street parking space — a practical city-centre holding for investors or a first buy.
The building retains period character: high ceilings, bay windows and decorative external brickwork. The 571 sq ft apartment has double glazing and gas central heating via a boiler and radiators. The lengthy 999-year lease is a clear long-term advantage, and council tax is very low, helping running costs.
Important considerations: the property sits in an area recorded as very deprived with a high local crime rate, which will affect lettability and resale for some buyers. The building’s solid-brick construction likely lacks cavity insulation, and the communal service charge is circa £1,979 per year. The kitchen is compact and the apartment is of average overall size — refurbishment or cosmetic updating may be needed to maximise income or appeal.
This is best suited to buy-to-let investors seeking a centre-of-town, low-price entry into Peterborough’s rental market, or a purchaser prepared to refurbish for longer-term owner-occupation. Verify services and obtain a survey before purchase, and factor in service charge and local area considerations when assessing yield and capital growth.
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