6 bedroom terraced house for sale

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6 bedroom terraced house for sale

Portland Street, Lincoln, Lincolnshire, LN5
£275,000

Our Summary

  • With a Certificate of Lawfulness in place and a Full HMO Licence, this property offers a ready-to-go investment opportunity with strong rental demand all year round
  • With strong yields, minimal voids, and a student market projected to remain robust, 104 Portland Street offers exceptional returns and long-term capital growth potential

Description

<|start_header_id|>assistant<|end_header_id|> Here is a summary of the property description in a single paragraph: This fully licensed 6-bedroom HMO on Portland Street in Lincoln is a prime investment opportunity, offering a Certificate of Lawfulness and a Full HMO Licence. The property is located in the heart of the student quarter, just a short walk from the University of Lincoln, and is fully furnished throughout. With a strong rental history and current rates up to £115 per week per room, the property has a gross potential annual income of £32,834 and an indicative gross yield of 12%. The property is vacant and ready for immediate letting, with a net income of £27,334 and a net yield of 10%. With low maintenance costs and a modern finish, this turnkey investment offers exceptional returns and long-term capital growth potential in a thriving student rental market.