Key info
5Bedrooms
2Bathrooms
101 sqmSize
Property description
Strategy: HMO
This fully licensed 5-bedroom HMO presents an exceptional investment opportunity in the heart of Lincoln. Located within easy reach of the city centre, the University of Lincoln, and a wealth of amenities, this property boasts a remarkable track record, having maintained 100% occupancy for the past seven years with no void periods (except for the current period due to the sale).The property is arranged over three storeys and comprises five generously sized double bedrooms, a shared reception room providing a comfortable space for tenants to relax, and a well-equipped fitted kitchen ideal for shared living. A communal courtyard to the rear offers a welcome outdoor space. Currently vacant, this property is ready for immediate occupation or re-letting, offering a seamless transition for the new owner.With a strong rental yield of approximately 10.69% (Gross) - 9.55% (Net), generating an impressive total yearly income of £26,640, this HMO is a lucrative investment. Offered with no onward chain, this property facilitates a swift and straightforward purchase.Exclusively listed with Walters, this opportunity is not to be missed. Contact us today to arrange a viewing or to discuss this exceptional investment further.
EPC Rating: D
Sourced reference: 166347257
Location
Disclaimer
Sourced endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and are not to be relied as statements of representation or fact. The selling agent may or may not be the sole agent and will provide confirmation upon request. Any services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency given. All measurements have been taken as a guide and are not precise, please be aware some of the details may be waiting vendor approval. If you require confirmation or further information, please contact the selling agent. Fixtures and fittings are to be confirmed with the seller and not relied upon when listed. Sourced are not responsible for any loss of monies due to the purchase or purchase process with any property listed.
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- Pre-vetted for investment potential
- Due diligence carried out
- Tailored for investor goals
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