4 bedroom Terraced House For Sale
St. Rumbold Street, Lincoln, LN2
£165,000 | Available
*HMO INVESTMENT OPPORTUNITY* Ideal investment opportunity in Lincoln city centre. Established 4-bed HMO with strong rental history. Potential gross income of approx. £19,500 per annum. Available with tenants in situ or with vacant possession Excellent yield and no onward chain.
INVESTMENT OPPORTUNITY – 4-BED HMO WITH PRIVATE GARDEN, CITY CENTRE LOCATION
Situated on the ever-popular St Rumbold’s Street in Lincoln, this well-presented four-bedroom House in Multiple Occupation (HMO) offers an excellent opportunity for both seasoned investors and buyers seeking a flexible property with strong potential. Available with tenants in situ or with vacant possession, it provides the ideal setup for those looking to continue a proven rental model or repurpose the home for alternative use.
Arranged over two floors, the accommodation includes a double bedroom, a spacious living room, and a fitted kitchen on the ground floor. Upstairs, there are two further double bedrooms, a single bedroom, and a shared bathroom. Outside, the property benefits from a private rear garden, a secure gated alleyway for access, and permit parking.
The HMO is currently let to three tenants across the double bedrooms, generating an annual income of £13,800. The single bedroom is presently vacant. At full market value, the property has the potential to achieve a gross annual income of £19,500.
With its central location, strong rental demand, and scope for increased returns, this property represents an attractive investment in one of Lincoln’s key rental areas.
EPC rating: D. Council tax band: A, Tenure: Freehold,| Tax Band | % | Taxable Sum | Tax |
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