5 bedroom terraced house for sale

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5 bedroom terraced house for sale

Cromwell Street, Lincoln, LN2
£250,000

Our Summary

  • Flexibility and Investment Potential
  • Whether you’re looking for a lucrative investment opportunity or a unique family home, 2B Cromwell Street offers flexible options to suit your needs
  • With planning permission in place for use as both a House in Multiple Occupation (HMO) or a residential let, the property offers significant potential for rental income
  • In fact, this HMO has the potential to generate a gross income in the region of £30,000 per annum, making it an attractive option for investors seeking a solid return on investment

Description

Discover a one-of-a-kind living experience at 2B Cromwell Street, a 5-bedroom HMO located in the heart of Lincoln. Originally a 1906 church hall, this historic property has been thoughtfully converted into a spacious and character-filled residence that seamlessly blends old-world charm with modern conveniences. The property features approximately 1,500 sq. ft. of living space, with many original features still intact, including exposed beams and a sloped roofline. The modern kitchen is open to a generous living space, which leads out to a southwest-facing roof terrace with panoramic views. With planning permission for use as an HMO or residential let, the property has significant potential for rental income, making it an attractive option for investors. Alternatively, its spacious layout and charming features make it an ideal residence for a growing family. Solidly built to stand the test of time, this property is a rare gem in the heart of Lincoln, waiting for you to make it your own.
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