61 Lincoln Road Peterborough

POA - Price on Application. Call for further information on this development.

Plans for this project – 8×1 Bedroom Apartments and x3 Studio Apartments.

Previously a building home to a solicitor company, due to the anti social behaviour in the area the business no longer thrived in the area. New plans to create additional housing in the area was granted.

Documents

Property Timeline

Purchased

Lease already in place – Expired December 2022.

January 2022

January 2023

Survey

Planning Submitted

Initial planning submitted for x15 flats.

April 2023

May 2024

Planning

A planning dispute over parking led to a revised submission, reducing the number of apartments by three. The project will now move forward with 11 apartments.

Roadblocks

The building faced numerous challenges, including fires, squatters during the winter months, and ongoing drug and social issues. Police were called to remove squatters on two separate occasions. Additionally, there was backlash from neighbours when a security fence was erected around the development.

Ongoing

ON HOLD

Planning Conditions

Thiink Property, based in Peterborough, Cambridgeshire. We are dedicated to delivering exceptional value and results for our clients, helping them take their investment portfolios to the next level.

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