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St. Rumbold Street, Lincoln, LN2 4 bed terraced house for sale
St. Rumbold Street, Lincoln, LN2
£165,000
St. Rumbold Street, Lincoln, LN2
£165,000
Our Summary
- INVESTMENT OPPORTUNITY – 4-BED HMO WITH PRIVATE GARDEN, CITY CENTRE LOCATION
- Situated on the ever-popular St Rumbold’s Street in Lincoln, this well-presented four-bedroom House in Multiple Occupation (HMO) offers an excellent opportunity for both seasoned investors and buyers seeking a flexible property with strong potential
- At full market value, the property has the potential to achieve a gross annual income of £19,500
- With its central location, strong rental demand, and scope for increased returns, this property represents an attractive investment in one of Lincoln’s key rental areas
- Perfect investment opportunity
- Potential to generate £19,500 per annum
Description
This four-bedroom House in Multiple Occupation (HMO) in Lincoln's city centre offers an excellent investment opportunity for seasoned investors or those seeking a flexible property with strong potential. The property is currently let to three tenants, generating an annual income of £13,800, with the potential to achieve a gross annual income of £19,500 at full market value. The property features a private rear garden, secure gated alleyway, and permit parking, and is available with tenants in situ or with vacant possession. With its central location, strong rental demand, and scope for increased returns, this property represents a attractive investment in one of Lincoln's key rental areas.