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11 bed property, in Lindum Road, £490,000
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11 bed detached house

Lindum Road, Lincoln, Lincolnshire, LN2
£490,000

Our Summary

  • With a current EPC rating of D, strong rental performance, and clear scope to further enhance returns through proactive asset management or reconfiguration, this is a turnkey investment offering both stability and upside potential
  • A high-quality, hands-off investment opportunity combining secure income with future value enhancement potential
  • A turnkey investment opportunity combining secure income, strong yields, and clear potential to increase returns through reconfiguration and asset management

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Description

The property is a freehold 11-bedroom student HMO on Lindum Road, located within a 20-minute walk of the University of Lincoln. It has 11 well-proportioned, fully furnished bedrooms and spacious communal living and kitchen areas. The property is fully let and secured for two academic years, generating a gross annual income of £62,348.

It is a Grade II listed building with a modern layout and EPC rating of D, requiring minimal capital expenditure for maintenance.