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15 bed terraced house
Lindum Road, Lincoln, Lincolnshire, LN2
£675,000
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Our Summary
- Potential for rental uplift through full occupancy and modernisation
- Investment Opportunity - 15-Bedroom Student HMO, Lindum Road, Lincoln This substantial student HMO masion presents a strong income-generating investment opportunity in a well-established Lincoln location
- The property offers clear potential to increase rental income through full occupancy, alongside scope for further growth through active management or selective modernisation
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Description
The property is a 15-bedroom student HMO mansion on Lindum Road in Lincoln. It is currently leased to 12 tenants and producing £53,456 per annum, with 11 rooms secured for the upcoming academic year at £48,620 per annum, and the remaining rooms actively being marketed for additional income.