4 bedroom Terraced House For Sale
Ely Street, Lincoln, LN1
£200,000 | Available
Lovelle are delighted to present this four-bedroom licensed HMO, ideally positioned in Lincoln’s sought-after West End. Spread across three floors, the property offers spacious and well-maintained accommodation, making it a fantastic turnkey investment opportunity.
Lovelle are delighted to offer this well-presented four-bedroom HMO property, ideally situated in the highly sought-after West End area of Lincoln. Spanning three floors and offering spacious accommodation throughout, this property represents an outstanding investment opportunity for those looking to acquire a ready-made, income-generating asset in one of the city’s most popular rental locations.
The property is currently fully let and is advertised for the next academic year, when it is expected to generate a gross annual income of £24,960, equating to a potential 12.48% gross yield.
To the ground floor, there is a welcoming living room providing a comfortable communal space, a modern fitted kitchen with ample storage and worktop space, a three-piece bathroom suite with both a bath and separate shower, and a double bedroom.
The first floor offers two generously sized double bedrooms, while the second floor hosts a further large double bedroom, completing this well-balanced layout.
Outside, there is a low-maintenance rear courtyard with decking and a covered seating area, perfect for outdoor relaxation.
Situated within easy reach of Lincoln University, local amenities, and transport links, the property is perfectly placed for students and young professionals alike.
EPC rating: D. Council tax band: A, Tenure: Freehold,| Tax Band | % | Taxable Sum | Tax |
|---|
Struggling to find a property? Get in touch and we'll help you find your ideal property.
