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West Parade, Lincoln, Lincolnshire, LN1 6 bed terraced house for sale
West Parade, Lincoln, Lincolnshire, LN1
£290,000
West Parade, Lincoln, Lincolnshire, LN1
£290,000
Our Summary
- “There’s excellent scope to retain or enhance value with minimal effort — this is a smart turnkey investment
- Planning Permissions: No current applications affecting the property
Description
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Here is a summary of the property description in a single paragraph:
This substantial six-bedroom house of multiple occupancy (HMO) is situated in a prime location on West Parade, Lincoln, within walking distance to the University of Lincoln, Brayford Waterfront, and city centre amenities. The property is currently fully let, achieving a strong gross yield of approximately 11.6% (£34,902 per annum). The property features spacious accommodation over three floors, including a bay-fronted lounge, six good-sized bedrooms, and two shower rooms. The rear garden provides a low-maintenance outdoor space, and the property benefits from gas central heating, double glazing, and on-street parking. With its strong rental return, excellent tenant appeal, and minimal maintenance required, this property is an attractive investment opportunity for those seeking a reliable income-producing property in a high-demand location.