1-bedroom flat · PE1 2RD
For saleListed 524 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary guide price £70,000 - £75,000 A lovely one bedroom modern over 55's apartment located close to the city centre.
Beautifully presented, with its own private garden, the property has updated by its current owner and should be viewed to be appreciated. Call our sales team for more details.
Description Located in Lincoln Gate, an apartment complex for the over 55's.
This one bedroom apartment has been tastefully decorated and updated by its current owner and would offer an ideal, safe and secure retirement property.
Close to the city centre with its many amenities.
The property which is located on the ground floor comprises of a bedroom, a lovely lounge with a feature fireplace overlooking the private rear garden, modern shower room and a lovely fitted kitchen.
Communal facilities include staff on site, careline (optional) laundry room, communal lounge, communal gardens and parking. Entrance The front door leads into the main entrance.
Textured ceiling and doors off onto walk in store room, bedroom, shower room and lounge/diner.
Lounge / Diner 17' 11" x 10' 5" ( 5.46m x 3.17m ) Wall mounted modern electric radiator, feature fireplace with wooden surround with electric wood burner effect heater (included in the sale), TV and telephone points, coving to textured ceiling, UPVC double glazed patio doors into the rear garden and an archway through into the kitchen.
Kitchen 8' 11" x 6' 7" ( 2.72m x 2.01m ) Fully refurbished over the last two years and comprises of matching wall and base level units, concealed lighting to the wall units, worktops and a single drainer sink with mixer tap and tiled splashbacks.
Built in double oven, grill and four ring hob with splashback and built in extractor. Space for a full standing fridge freezer, textured ceiling and UPVC double glazed window to the rear.
Shower Room Three piece shower room to include a shower cubicle with Mira shower fitted, a wash hand basin with taps over and tiled splashbacks and a WC with dual flush.
Extractor and textured ceiling. Oversized bathroom cabinet which is included in the sale.
Bedroom 14' 8" x 8' 5" ( 4.47m x 2.57m ) Modern electric radiator, TV point, recently fitted corner unit wardrobe with sensor lights, hanging rails, shelving and inset drawers.
Textured ceiling and UPVC double glazed window to the rear. Garden The lovely private rear garden has an extensive paved patio area and is laid to lawn with a feature stepping stone path.
Mature and established planted side borders, plus a pebble stone ornamental area. Timber built shed, outside tap and light, external plug sockets.
The garden is surrounded by a timber built fence with gated access leading out to a private access.
We currently hold lease details as displayed above, should you require further information please contact the branch. Please note additional fees could be incurred for items such as leasehold packs.
1.
Money laundering regulations - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract. 3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below starting price
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About 22, Lincoln Gate, Peterborough
Explore nearby