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8 bedroom block of apartments for sale
West Parade, Lincoln, LN1
£415,000
West Parade, Lincoln, LN1
£415,000
Our Summary
- We are pleased to present a prime HMO investment opportunity on West Parade, Lincoln - a fully converted building comprising three high-yield, modern apartments
- This refined finish, combined with thoughtful design, underpins excellent potential for attracting premium renters and securing long-term capital appreciation
- Book a viewing today to discover the full potential of West Parade - offering strong cashflow and yields in a city renowned for its rich history and stunning architecture
- Outstanding Investment Opportunity
Description
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Here is a summarized version of the property description in a single paragraph:
This prime HMO investment opportunity on West Parade, Lincoln, offers three modern apartments with a total of 8 rentable bedrooms, 6 en-suite bathrooms, and 1 shared bathroom. The property is fully converted and designed to a high standard, with a focus on tenant appeal. With a strong demand for quality shared accommodation in Lincoln, this investment presents an excellent opportunity for investors seeking strong rental returns and long-term capital growth. The property benefits from an enviable location in the West End, close to local amenities, and has a projected cashflow of £1,386.34 per month, yield of 14.1%, and ROI of 10.9%. The property is fully licensed and compliant with all regulatory requirements, and the current owner holds a valid HMO licence.