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6 bed property, in Hewson Road, £450,000
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6 bed end of terrace house

Hewson Road, Lincoln, Lincolnshire, LN1
£450,000

Our Summary

  • Investment Opportunity - Mixed-Use Residential & Commercial Property, Hewson Road, Lincoln This mixed-use property presents a strong, income-generating investment opportunity in a well-established Lincoln location, comprising a 4-bedroom residential unit, a 2-bedroom residential unit, and a ground floor commercial shop
  • The 4-bedroom unit currently generates £18,000 per annum (including bills), with clear potential to increase rental income through refurbishment and modernisation
  • The combination of residential and commercial elements delivers a diversified and resilient income stream, appealing to investors seeking both stability and potential for future growth
  • Overall, this is a dependable, turnkey investment opportunity with immediate income in place and scope to enhance returns

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Description

The property is a mixed-use development located on Hewson Road in Lincoln, comprising a 4-bedroom residential unit and a 2-bedroom residential unit, as well as a ground floor commercial shop. The 4-bedroom unit has 4 bedrooms, while the 2-bedroom unit has 2 bedrooms. The commercial unit is on the ground floor.

The property generates a total income of £38,640 per annum, broken down into £18,000 from the 4-bedroom unit, £14,040 from the 2-bedroom unit, and £6,600 from the commercial unit.