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£55,000 Guide Price

1 bedroom Apartment

Address 1 507040‚ Peterborough‚ PE1

This property is marketed by: Philip Bartlett at Yopa Peterborough
Key features
  • Potential gross yield: 18.7%
  • Close to the train station
  • Allocated parking
  • Great investment
  • 1 bedroom
  • Close to city centre
  • EPC Band: C
Description
Lincoln Gate Retirement Living – Investment Opportunity 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.

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Towns covered by Yopa Peterborough

Achurch, Ailsworth, Alwalton, Apethorpe, Armston, Ashton, Aunby, Bainton, Barholm, Barnack
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