5 bed semi-detached house

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5 bed semi-detached house

Carholme Road, Lincoln, Lincolnshire LN1
£300,000

Our Summary

  • Attractive HMO Investment Opportunity

Description

This attractive HMO investment opportunity is located on Carholme Road in Lincoln, a thriving East Midlands city with a strong economy and growing demand for rental properties. The 5-bedroom, 2-bathroom property is tenanted by working professionals and benefits from its proximity to the University of Lincoln and city centre. With a gross yield of 12.08% and a net yield of 9.46%, this property offers a lucrative investment opportunity. The city's regeneration efforts, strong transport links, and growing tech sector ensure a stable and growing tenant base. The property's financial summary includes a total monthly income of £3,020 and total monthly expenditure of £654, resulting in a net annual income of £28,392.