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4 bed terraced house
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Our Summary
- Potential to generate £19,500 per annum
- Perfect investment opportunity
- 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
- 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
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Description
The property is a four-bedroom House in Multiple Occupation (HMO) situated on St Rumbold's Street in Lincoln's city centre. It is arranged over two floors, with 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.
The property has a private rear garden, a secure gated alleyway for access, and permit parking. The garden is mainly hard-standing and currently overgrown, offering scope for improvement. The property benefits from a central location and strong rental demand, with the potential to achieve a gross annual income of £19,500 at full market value.