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4 bedroom terraced house for sale
Ely Street, Lincoln, LN1
£200,000
Ely Street, Lincoln, LN1
£200,000
Our Summary
- Spanning three floors and offering spacious accommodation throughout, this property represents an outstanding investment opportunity for those looking to acquire a ready-made, income-generating asset in one of the city’s most popular rental locations
Description
This four-bedroom HMO property in Lincoln's West End area offers a lucrative investment opportunity with a potential gross annual income of £24,960, yielding 12.48%. The property spans three floors, providing spacious accommodation throughout, including a welcoming living room, modern kitchen, and three bathrooms. The layout is well-balanced, with four double bedrooms, two of which are generously sized. The property is situated near Lincoln University, local amenities, and transport links, making it an ideal location for students and young professionals. The rear courtyard offers a low-maintenance outdoor space with decking and a covered seating area, perfect for relaxation. With an EPC rating of D, this property is a great opportunity for those looking to acquire a ready-made, income-generating asset in a popular rental location.