This fantastic investment opportunity is a one-bedroom basement flat with no onward chain, located on Monks Road in Lincoln. The property has a HMO license and the seller advises it yields 12% per annum. The flat has a separate entrance and comprises a bedroom, sitting room, kitchen, and shower room. There is also an additional basement flat that can be accessed from the communal room or a separate entrance to the rear, which includes a bedroom, sitting room, kitchen, and shower room. The property has potential for development, allowing for the conversion of the property into three flats, pending the required planning permissions. The area is close to the historic Cathedral and University City, with shops, department stores, and amenities nearby.