Offers over
£315,000
5 bed property for saleAlbert Crescent, Lincoln, Lincolnshire LN1
5 beds
5 baths
1 reception
EPC Rating: D
- Freehold
HMOX Sales
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About this property
Property Layout – 5 bed all-ensuite HMO, modern and well-presented throughout
Tenant Type – Let to students, providing reliable and consistent rental income
Strategic Location – Prime Lincoln location close to university, city centre and key amenities
Transport & Connectivity – Direct rail to London & Nottingham, plus easy access to A46, A15 and A1(M)
Regeneration Benefits – City centre, Cornhill Quarter and university-led regeneration driving demand
High Rental Income & Strong Yield – Gross annual income £33,150 delivering 10.52% yield
This modern, well-presented 5-bedroom, all-ensuite HMO offers a secure, income-generating investment in a prime Lincoln location. Tenanted by students, the property produces £33,150 in annual rental income, delivering a strong gross yield of 10.52% with consistent occupancy and reliable returns. Ideally situated close to the University of Lincoln, the city centre, and key amenities, it benefits from strong rental demand, while excellent transport links via direct rail to London and Nottingham, along with easy access to the A46, A15, and A1(M), further enhance its appeal. With major regeneration projects across the city centre, Cornhill Quarter, and university-led developments driving long-term growth and capital appreciation, this property represents a stable, high-yielding investment in one of the East Midlands’ most dependable student rental markets.
Income Breakdown (Monthly):
Room 1: £552.50
Room 2: £552.50
Room 3: £552.50
Room 4: £552.50
Room 5: £552.50
Total Monthly Income: £2,762.50
Total Annual Income: £33,150.00
Expenditure Breakdown (Monthly):
Gas and Electric: £200.00
Water: £94.00
Broadband: £50.00
Management: £414.38 (15% inc VAT)
Insurance: £45.00
Total Monthly Expenditure: £803.38
Total Annual Expenditure: £9,640.56
Investment Performance:
Net Annual Income: £23,509.44
Gross Yield: 10.52%
Net Yield: 7.46%
Compliance And Licensing:
- HMO License (Currently being renewed - Previous license for 5 people)
- EPC
- eicr
- Fire Risk Assessment
- Emergency Lighting Test Certificate
- Fire Alarm Test Certificate
- Gas Safety Certificate
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