>
5 bedroom terraced house for sale
Ripon Street, Lincoln, LN5
£195,000
Ripon Street, Lincoln, LN5
£195,000
Our Summary
- INVESTMENT OPPORTUNITY
- When fully occupied, the property has the potential to receive a gross annual income of £25,824 inc bills producing a potential yield of of 13%
- Licensed HMO investment opportunity
Description
This 5-bedroom HMO property is an investment opportunity located close to the city center. The property features a reception room, kitchen, ground floor shower room, and bedroom, as well as three first-floor bedrooms and a shower room, and a second-floor bedroom. The rear yard and outbuilding provide additional space. The property is currently let to three tenants, with the potential to generate a gross annual income of £25,824 and a potential yield of 13% when fully occupied. With gas central heating, mains electricity, water, and drainage, this property offers a great opportunity for investors looking to generate a steady income.