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3 bedroom terraced house for sale
Trollope Street, Lincoln LN5
£140,000
Trollope Street, Lincoln LN5
£140,000
Our Summary
- The property has a registered HMO license and planning approval for C4 usage and Article 4 compliance
- Sold with no onward chain and viewings available subject to necessary notice to existing tenants
Description
This 3-bedroom terraced house in Lincoln's city centre is a lucrative student investment opportunity, offering an 11.5% gross yield. The property is located within walking distance to the University of Lincoln and has a 50-week student tenancy from September 2024 to August 2025, generating £16,200 per annum. The property is professionally managed by a local agency and has a successful track record of consistent tenancies. With a registered HMO license, planning approval for C4 usage, and Article 4 compliance, this investment is a solid choice. The property is sold with no onward chain and viewings are available subject to necessary notice to the existing tenants.