- Investment Opportunity
- Communal Room & Kitchen
- City Centre Location
- Approx. Yield of 10.67% at listing price
- Walking distance to the University of Lincoln
- Five Bedroom HMO property
- Enclosed Yard
- Approx Income £20,280 per annum
- Existing C4 status on the property
- Three Storey
INVESTMENT OPPORTUNITY. This five bedroom Fully Licensed HMO property with an annual income of approx. £20,280 per annum gives an approx. yield of 11.00% is a fantastic opportunity with tenants already in place.
This is a great investment opportunity to purchase a HMO house which is situated in a prime city centre location within a short walk to Lincoln University and Lincoln City Centre. The property has living accommodation briefly comprising of Entrance Hall, Communal Room, Kitchen, Bathroom, Downstairs Bedroom and First Floor Landing leading to three Bedrooms. Outside there is a gravelled low maintenance courtyard to the rear.
14` 1`` x 11` 10 (4.29m x 3.60m) into bay
15` 3`` x 12` 10 (4.64m x 3.91m)
Please not Room 2 will need to be converted back into full communal Room to comply with licence,
15` 7`` x 7` 5 (4.75m x 2.26m)
7` 8`` x 5` 3 (2.34m x 1.60m)
First Floor Landing
15` 3`` x 12` 0 (4.64m x 3.65m)
12` 10`` x 7` 5 (3.91m x 2.26m)
12` 10`` x 7` 2 (3.91m x 2.18m) maximum
20` 6`` x 15` 4 (6.24m x 4.67m)
There is a small forecourt to the front and an enclosed yard to the rear.
Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.
The Energy-Efficiency Rating is a measure of a home's overall efficiency. The higher the rating, the more energy-efficient the home is, and the lower the fuel bills are likely to be.
The Environmental Impact Rating is a measure of a home's impact on the environment in terms of carbon dioxide (C02) emissions - the higher the rating, the less impact it has on the environment.