OIRO £119,950 - Available


  • Investment Opportunity
  • Kitchen & Communal Room
  • Approx Income £14,100 per annum
  • Existing C4 status on the property
  • Certificate of Lawfulness Granted.
  • Four Bedroom HMO property
  • City Centre Location
  • Approx. Yield of 11.75% at listing price
  • Walking distance to the University of Lincoln
  • EPC Rating: E | Council Tax Band: A

INVESTMENT OPPORTUNITY. This VACANT four bedroom HMO property with a previous annual income of approx. £14,100 per annum at 11.75% gross yield at full capacity. A fantastic opportunity to start or further an investors portfolio in the popular area of Lincoln. Certificate of Lawfulness Granted.

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 Communal Room, Kitchen, Rear Porch, Bathroom, Downstairs Bedroom and First Floor Landing leading to two Bedrooms, Second Floor Landing leading to the final bedroom. Outside there is a low maintenance courtyard to the rear.

Downstairs Bedroom - 11'0" (3.35m) x 10'10" (3.3m)

Communal Room - 11'11" (3.63m) x 10'11" (3.33m)

Kitchen - 9'4" (2.84m) x 5'3" (1.6m)

Rear Porch

Bathroom

Bedroom - 11'0" (3.35m) x 11'0" (3.35m)

Bedroom - 10'11" (3.33m) x 9'4" (2.84m)

Second Floor Landing

Bedroom - 13'6" (4.11m) x 11'0" (3.35m)

Outside
offers an enclosed, paved courtyard.

Notice
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.

Floor Plan
EER Chart

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.

EIR Chart

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.


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