5 bed terraced house

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5 bed terraced house

Ripon Street, Lincoln LN5
£160,000

Our Summary

  • Potential to Extend The rear garden presents opportunity for further development (STPP), increasing both rental income and capital value
  • Whether you're a seasoned investor or looking to start your portfolio, this property offers both strong immediate returns and future growth potential
  • Development potential

Description

This fully tenanted House of Multiple Occupancy (HMO) is located in the heart of Lincoln, just a stone's throw from the city center, making it an ideal investment opportunity for professionals and students alike. The property offers a 14% gross yield, with a strong rental demand year-round, and the potential to extend the rear garden, increasing both rental income and capital value. With five spacious bedrooms, a modern kitchen, and shared living space, the property is fully compliant with HMO licensing regulations and well-maintained throughout with minimal ongoing maintenance required. This property presents a rare opportunity for investors to achieve exceptional returns and future growth potential, making it an attractive addition to any portfolio.