>
19 bedroom block of apartments for sale
Portland Street, Lincoln, LN5
£775,000
Portland Street, Lincoln, LN5
£775,000
Our Summary
- We are pleased to present a prime HMO investment opportunity on Portland Street, Lincoln - a fully converted building comprising four high-yield, modern apartments
- This combination of stylish finishes and versatile design offers strong potential for attracting high-quality renters and ensuring long-term value
- Book a viewing today to discover the full potential of Portland Street - offering strong cashflow and yields in a city renowned for its rich history and stunning architecture
- Outstanding HMO Property Investment Opportunity
Description
This prime HMO investment opportunity on Portland Street, Lincoln, offers four modern apartments with a total of 19 rentable bedrooms and eight shower rooms. The property is fully converted and features high-quality finishes, including herringbone-patterned wooden flooring, contemporary tiling, and neutral décor. Each apartment has a kitchen and living area, with the kitchens equipped with modern appliances. The property is fully compliant with current fire safety regulations and is licensed for HMO use. With a projected cash flow of £2,082.72 per month, a yield of 14%, and a return on investment of 8.5%, this property presents a strong investment proposition for those seeking strong rental returns and long-term capital growth. The property is offered with a buyer's premium of 3% + VAT, payable in two parts.