19 bedroom block of apartments for sale

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19 bedroom block of apartments for sale

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 8 shower rooms. The property is fully converted and designed to a high standard, with each apartment featuring elegant flooring, neutral décor, and contemporary bathrooms. The kitchen and living areas are generously sized and come with modern appliances. The property is fully compliant with current fire safety regulations and is licensed as an HMO. With demand for quality shared accommodation remaining high in Lincoln, this property presents an excellent opportunity for investors seeking strong rental returns and long-term capital growth. The projected cashflow is £2,082.72 per month, with a yield of 14% and ROI of 8.5%, making it a strong investment proposition.