6 bedroom Terraced House For Sale

Licensed 6-bed HMO in prime Lincoln location, generating £17,400 pa with potential to exceed £30,000 gross. Exceptionally well-maintained with spacious bedrooms and quality communal areas. Ideal for professional tenants, offering a ready-made and reliable income stream. 

Situated close to Lincoln city centre and the University, 7 Foster Street presents an excellent opportunity to acquire a fully licensed six-bedroom HMO in outstanding condition. Currently let to four tenants and generating £17,400 per annum, the property offers clear potential to reach full occupancy and achieve £30,000 or more in gross annual income, making it a highly attractive investment for landlords seeking strong returns.

The accommodation is arranged over two floors and has been exceptionally well maintained, a rarity in properties of this type. It features six well-proportioned bedrooms, a bright and modern kitchen with breakfast bar, and a communal living room with bay window providing a comfortable social space. Two well-appointed shower rooms and an additional WC serve the household, while a practical utility room with laundry facilities adds convenience. Period charm is retained in the welcoming entrance hallway with its original tiled floor and decorative stained-glass window, enhancing the property’s appeal.

Outside, there is an enclosed rear yard offering low-maintenance space for tenants to enjoy. With gas central heating, double glazing and full HMO compliance already in place, the property is ready to continue generating income immediately.

Well located for both students and young professionals, this is a rare opportunity to purchase a compliant, high-yielding HMO in Lincoln’s consistently strong rental market.