Lincoln Road, Peterborough, PE1

*** Guide Price £285,000 - £300,000 ***

This semi-detached property has been successfully converted into two self-contained apartments, both of which are currently tenanted and generating a combined gross annual income of £16,380. The property is being offered for sale with no onward chain, providing a seamless opportunity for investors seeking a reliable income-generating asset.

Each apartment, located on the ground and first floors, consists of two generously sized bedrooms, a spacious living/dining area, a fully-equipped kitchen, and a modern shower room. The ground floor apartment further benefits from a private rear garden, offering outdoor space for tenants to enjoy. In addition, both apartments are provided with driveway parking to the front of the property, ensuring convenience for residents.

This property represents an excellent investment opportunity, with the potential for continued rental income in a desirable location, while also offering the benefit of a hassle-free sale due to the absence of an onward chain.

Agent's Note

Please note that the internal photos taken are for the first floor apartment.

Ground Floor Apartment

Kitchen

2.96m x 2.83m (9'9" x 9'3")

Lounge/Diner

4.37m x 3.4m (14'4" x 11'2")

Bedroom One

3.73m x 3.63m (12'3" x 11'11")

Bedroom Two

3.96m x 3.06m (13'0" x 10'0")

Shower Room

2.9m x 1.72m (9'6" x 5'8")

First Floor Apartment

Hallway

Kitchen

3.07m x 2.91m (10'1" x 9'7")

Lounge/Diner

4.4m x 3.43m (14'5" x 11'3")

Bedroom One

3.75m x 3.77m (12'4" x 12'4")

Bedroom Two

4.11m x 3.13m (13'6" x 10'3")

Shower Room

1.53m x 2.24m (5'0" x 7'4")

Council Tax Band

Local Authority: Peterborough City Council
Council Tax Band: A

Disclaimer

These particulars are issued in good faith but do not constitute representations of fact or form part of any offer or contract. The matters referred to in these particulars should be independently verified by prospective buyers or tenants. Neither Newton Fallowell nor any of its employees or agents has any authority to make or give any representation or warranty whatever in relation to this property.

Note to Buyers

Intending purchasers will be asked to complete our anti-money laundering and compliance checks, as well as provide evidence of funds in order to proceed with a successful offer. We would ask for your co-operation in order that there will be no delays with the agreed purchase.

Newton Fallowell and our partners provide a range of services to buyers, although you are free to use alternative providers. We can refer you on to Mortgage Advice Bureau for help with finance – we may receive a fee of £200 if you take out a mortgage through them. We can also refer you to our recommended solicitors, who we may receive a fee in the region of £300 from if you use their services.