Lincoln Road
- Sale by modern auction (t&cs apply)
- Subject to an undisclosed reserve price
- Buyers fees apply
- Popular millfield (pe1) location
- Scope for minor renovation
- Private rear garden
- Ideal first-time buyer home
- Sold with no onward chain read more show less
Council Tax Band: A
Tenure: Freehold
Situated along the ever-popular Lincoln Road in the heart of Millfield, Peterborough (PE1), this three-bedroom terraced home presents an excellent opportunity for both first-time buyers and investors alike. The property offers well-proportioned accommodation arranged over two floors, including a spacious lounge, separate dining area, fitted kitchen, and three good-sized bedrooms upstairs. While some minor cosmetic updating would enhance the property, it provides a solid foundation and fantastic scope to add value with light renovation - making it particularly attractive for buyers looking to personalise their first home. Externally, the property benefits from a private rear garden, offering outdoor space ideal for families or tenants. Currently tenanted, the property can continue generating rental income for investors, yet it is also well suited to owner-occupiers seeking an affordable entry into the market. The home is offered with no onward chain, ensuring a smooth and straightforward purchase process.
Auctioneer's Comments
This property is offered through Modern Method of Auction. Should you view, offer or bid your data will be shared with the Auctioneer, iamsold Limited. This method requires both parties to complete the transaction within 56 days, allowing buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey). The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6600.00 including VAT. This fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to complete an identification process with iamsold and provide proof of how the purchase would be funded. The property has a Buyer Information Pack containing documents about the property. The documents may not tell you everything you need to know, so you must complete your own due diligence before bidding. A sample of the Reservation Agreement and terms and conditions are contained within this pack. The buyer will also make payment of no more than £349 inc. VAT towards the preparation cost of the pack. Please confirm exact costs with the auctioneer. The estate agent and auctioneer may recommend the services of other providers to you, in which they will be paid for the referral. These services are optional, and you will be advised of any payment, in writing before any services are accepted. Listing is subject to a start price and undisclosed reserve price that can change.Utility supply:
- Electric Mains Supply
- Water Mains Supply
- Heating Gas Central
- Broadband FTTP
- Sewerage Mains Supply
Rights and restrictions:
- Private rights of way No
- Public rights of way No
- Listed property No
- Restrictions No
Risks:
- Flooded in last 5 years Yes
- Flood defences Ask agent
- Source of flood Ask agent
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* Terms and Conditions apply.
Mortgage enquiry
PETERBOROUGH
Cambridgeshire
PE1 1LR
LENDER FEES MAY ALSO BE APPLICABLE. IF YOU WOULD LIKE GUIDANCE ON THE RIGHT MORTGAGE FOR YOU, WE RECOMMEND SPEAKING TO ONE OF OUR MORTGAGE CONSULTANTS WHO WILL BE MORE THAN HAPPY TO HELP.
**The 4.19% annual interest rate is based on the Connells Group average mortgage interest rate taken from this year YTD and is correct as at 17/03/2026.
Any fees payable will be explained in your initial no-obligation appointment, before you choose whether to use our Mortgage Services.