This is a rare opportunity to purchase a licensed five-bedroom house of multiple occupancy in Lincoln, currently producing an annual rental income of £24,632 (inclusive of bills) for the remaining academic year and £28,560 (inclusive of bills) for the upcoming academic year. The property is located in the West End of Lincoln, within walking distance of Lincoln University and City Centre, and features a large brick and tile outbuilding with potential for development or extra accommodation. The attached next door house (105 Newland St West) is also available for separate purchase, offering greater development flexibility. The property boasts Hall, Bedroom, Communal Room, Kitchen, and Bathroom on the ground floor, and four Bedrooms and a First Floor Landing on the first floor.