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5 bedroom terraced house for sale
8 Albert Crescent, Lincoln, Lincolnshire, LN1 1LX
£275,000
8 Albert Crescent, Lincoln, Lincolnshire, LN1 1LX
£275,000
Our Summary
- FOR SALE BY ONLINE AUCTION - A fully tenanted five bedroom all ensuite HMO let to students producing £33,150 per annum Description Freehold mid terrace house 5 ensuite bedroom fully tenanted HMO Benefits from a rear garden Strong rental demand in an area popular with students Close to the University of Lincoln, the city centre and key amenities Representing a 12% yield on guide price Location Situated on the well-connected Albert Crescent in Lincoln, the property benefits from convenient access via the A57 and A46
Description
This property is a freehold mid-terrace house in Lincoln, offering a five-bedroom HMO let to students, generating a strong annual income of £33,150. The property is fully tenanted and benefits from a rear garden, making it an attractive investment opportunity. Located near the University of Lincoln, the city center, and key amenities, it is in high demand among students. With a strong rental yield of 12% on the guide price, this property represents a lucrative investment opportunity. The property is fully compliant with HMO regulations, with all necessary certificates and licenses in place, including an HMO license, Certificate of Lawfulness, and EPC.