2 bed flat for sale Lincoln Road, Peterborough, PE4

Asking price

£120,000

Added on 26/09/2026

Type: Flat
Bedrooms: 2
Bathrooms: 1
Tenure: Leasehold; 980 years left(from the agent's description)

Service charge £1,250 a yearGround rent £300 a year

* From the agent's description. Check it with them before you rely on it.

Key features

First Floor Apartment
Two bedrooms
Light & Airy lounge/diner/kitchen
Allocated parking
Spacious Three-Piece Bathroom
Number of years left on lease: 980 years
Annual service charge: £1,250
Annual ground rent: £300
Annual ground rent review period: Contact branch
Ground rent increase: Contact branch

About this property

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Opportunity for a First Time Buyer/Investment Landlord. Situated within easy access of a host of local amenities the well-proportioned flat is set in a sought-after location.

Entrance Hall

Composite door from the communal landing, store cupboard, intercom phone, and radiator.

Floorplan

Council tax

Ask agent

Per year

Band A

£1,529
Band B

£1,784
Band C

£2,039
Band D

£2,293
Band E

£2,803
Band F

£3,313
Band G

£3,822
Band H

£4,587

The agent hasn't said which band this home is in; you can look it up on GOV.UK. In Peterborough, 2026/27 bills run from £1,529 a year in band A to £4,587 in band H.

Figures from MHCLG (Open Government Licence v3): the average bill for each band across Peterborough, including the typical parish precept, so a parish's own bill can differ a little. Discounts lower the bill, such as 25% off for an adult living alone.

Property timeline

Listed

September 2026 £120,000

2 beds · 1 bath · this listing

Past sales can't be shown: the agent hasn't given the flat number.

Price guide

100 comparables · within 2.8 miles

Cheaper than 59% of the 2-bed flats for sale nearby right now.

This home, £120,000 Median £130,000 · £100,000 – £215,500

Compared with 100 2-bed flats for sale within 2.8 miles, on the market now or already under offer. The range is the middle 80% of their asking prices.

Location

Lincoln Road, Peterborough, PE4

Open map Street View

Mortgage and stamp duty

Property price £120,000

£60k £180k

Deposit10% £12,000

£0 £120k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £108,000 mortgage. Most lenders would want a household income of about £24,000 to support it.

A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.

Properties sold nearby

HM Land Registry sales nearby. Floor areas from Energy Performance Certificates where matched.

Address	Type	Sold	Size	Size	£/sq ft	Price
1000, Lincoln Road Semi-detached	Semi-detached	Dec 2025	1,066 sq ft £188/sq ft	1,066 sq ft	£188	£200,000
Flat 21, Castlepoint, 998, Lincoln Road Flat / maisonette	Flat / maisonette	Sept 2025	n/a	n/a	n/a	£117,000
Flat 11, Castlepoint, 998, Lincoln Road Flat / maisonette	Flat / maisonette	Jan 2025	614 sq ft £159/sq ft	614 sq ft	£159	£97,500
Flat 16, Castlepoint, 998, Lincoln Road Flat / maisonette	Flat / maisonette	Sept 2024	657 sq ft £152/sq ft	657 sq ft	£152	£100,000
Flat 7, Castlepoint, 998, Lincoln Road Flat / maisonette	Flat / maisonette	Jul 2024	592 sq ft £182/sq ft	592 sq ft	£182	£108,000
1014, Lincoln Road Semi-detached	Semi-detached	Dec 2023	1,001 sq ft £215/sq ft	1,001 sq ft	£215	£215,000
Flat 10, Castlepoint, 998, Lincoln Road Flat / maisonette	Flat / maisonette	Jul 2023	484 sq ft £241/sq ft	484 sq ft	£241	£116,500
Flat 5, Castlepoint, 998, Lincoln Road Flat / maisonette	Flat / maisonette	Apr 2023	624 sq ft £208/sq ft	624 sq ft	£208	£130,000