£160,000
(£146/sq. ft)
5 bed terraced house for saleRipon Street, Lincoln LN5
5 beds
2 baths
1 reception
1,098 sq. ft
EPC Rating: D
- Freehold
Burnett & Lee Property Consultants
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About this property
5 bed HMO
Development potential
14% approximate yield
£25,511 per year gross income
Lincoln City centre location
Walk to University portential
Two shower rooms
Viewings strictly by appointment
Located in the Heart of Lincoln A stone's throw from the city centre, ideal for professionals and students alike. This fully tenanted House of Multiple Occupancy (HMO) offers outstanding access to the University of Lincoln, local amenities, and public transport links.
Investment Highlights:
14% Gross Yield
A rare, high-performing asset offering exceptional returns
Fully Let 5-Bedroom Property Strong rental demand year-round
Potential to Extend The rear garden presents opportunity for further development (STPP), increasing both rental income and capital value
Low Void Risk Highly desirable location for both students and professionals
Property Features:
5 spacious bedrooms
Modern kitchen and shared living space
Fully compliant with HMO licensing regulations
Well-maintained throughout with minimal ongoing maintenance required
Whether you're a seasoned investor or looking to start your portfolio, this property offers both strong immediate returns and future growth potential.
Notice
Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.
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