4 bedroom terraced house for sale

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4 bedroom terraced house for sale

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

Lovelle is delighted to offer a well-presented four-bedroom HMO property in the highly sought-after West End area of Lincoln. The property, spanning three floors, offers spacious accommodation throughout and is currently fully let, generating a gross annual income of £22,880, equating to a potential 11.45% gross yield. The ground floor features a living room, modern kitchen, conservatory, and double bedroom, while the first and second floors offer three double bedrooms and a three-piece bathroom suite. The property also boasts a low-maintenance rear courtyard with a seating area. Situated near Lincoln University, local amenities, and transport links, this property is 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.