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4 bedroom 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 a lucrative investment opportunity with a proven rental model. The property is currently let to three tenants, generating an annual income of £13,800, and has the potential to achieve a gross annual income of £19,500 at full market value. With a private rear garden, secure gated alleyway, and permit parking, the property provides a flexible setup for investors or buyers seeking a strong rental yield. Its central location and strong rental demand make it an attractive investment opportunity in one of Lincoln's key rental areas.