Lincoln Road, Peterborough, PE1
- PROPERTY TYPE
Apartment
- BEDROOMS
1
- BATHROOMS
1
- SIZE
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Key features
- Potential Gross Yield: 18.7%
- Close to the train station
- Allocated parking
- Great investment
- 1 bedroom
- Close to city centre
Description
One-Bedroom Apartment
Lincoln Gate, Lincoln Road, Peterborough Asking Price: £55,000
An excellent opportunity to acquire a well-presented, self-contained one-bedroom first-floor apartment within the sought-after Lincoln Gate Retirement Living development.
Designed to offer comfort, independence, and peace of mind, the property benefits from 24-hour secure access and an emergency call system, making it an ideal home for retirement living. Residents also enjoy access to attractive communal facilities and landscaped gardens, fostering a welcoming and friendly community atmosphere.
Investment Highlights
This apartment also represents a compelling buy-to-let investment, offering a low entry price with strong rental returns.
Purchase Price: £55,000
Estimated Rental Income: £830–£850 PCM
Potential Gross Yield: 18.7%
Potential Net Yield: 10.07%
Service Charge: £2,760 per annum
Ground Rent: £333 approx per annum
Council Tax Band: A
EPC Rating: C
With immediate income potential and an attractive yield, this property is ideally suited to cash buyers seeking a ready-made investment.
Key Features
Self-contained one-bedroom first-floor apartment
Retirement living development
24/7 secure entry system
Emergency call system
Spacious communal lounge and resident facilities
Attractive communal gardens
Warm and friendly community environment
Excellent buy-to-let investment potential
Strong projected rental yield
EPC Rating C
Council Tax Band A
This is an outstanding opportunity to secure an affordable investment property with impressive returns, while also benefiting from the stability and appeal of a well-managed retirement development.
Disclaimer
Whilst we make enquiries with the Seller to ensure the information provided is accurate, Yopa makes no representations or warranties of any kind with respect to the statements contained in the particulars which should not be relied upon as representations of fact. All representations contained in the particulars are based on details supplied by the Seller. Your Conveyancer is legally responsible for ensuring any purchase agreement fully protects your position. Please inform us if you become aware of any information being inaccurate.
Money Laundering Regulations
Should a purchaser(s) have an offer accepted on a property marketed by Yopa, they will need to undertake an identification check and asked to provide information on the source and proof of funds. This is done to meet our obligation under Anti Money Laundering Regulations (AML) and is a legal requirement. We use a specialist third party service together with an in-house compliance team to verify your information. The cost of these checks is £82.50 +VAT per purchase, which is paid in advance, when an offer is agreed and prior to a sales memorandum being issued. This charge is non-refundable under any circumstances.
- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Yes
- GARDENA property has access to an outdoor space, which could be private or shared.
- Yes
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent
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Visit our security centre to find out moreDisclaimer - Property reference 507040. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Yopa, East Anglia & London. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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