Portland Street, Lincoln, LN5 5 bed terraced house for sale

>

Portland Street, Lincoln, LN5 5 bed terraced house for sale

Portland Street, Lincoln, LN5
£220,000

Our Summary

  • This fully licensed 5-bedroom HMO presents an exceptional investment opportunity in the heart of Lincoln
  • Investment Opportunity: Ideal for investors seeking a high-yielding HMO property in a prime location

Description

This fully licensed 5-bedroom HMO in Lincoln offers an exceptional investment opportunity, with a remarkable track record of maintaining 100% occupancy for seven years with no void periods. The property is located in the heart of the city, close to the university and amenities, and is arranged over three storeys with five double bedrooms, a shared reception room, and a well-equipped kitchen. The property currently has a strong rental yield of approximately 10.69% (Gross) - 9.55% (Net), generating a total yearly income of £26,640. With no onward chain, this property is ready for immediate occupation or re-letting, making it a lucrative investment opportunity for those looking to generate a steady income.