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£289,950

5 bed terraced house for sale
Alexandra Terrace, Lincoln LN1

    • 5 beds

    • 1 bath

    • 1 reception

  • EPC Rating: C

  • Chain free
  • Freehold

Starkey & Brown

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About this property

  • Five Bedroom HMO

  • Previous Gross Income Of £35,048

  • Gross Yield Of 12.08%

  • Located In Lincoln's West End

  • Proven Track Record Of Full Occupancy

  • Three Floors

  • Communal Living Space

  • Fantastic Investment Opportunity

This exceptional 5-bedroom HMO represents a premium HMO investment opportunity in Lincoln’s West End and would be a standout addition to any professional property portfolio. Perfectly positioned within the highly sought-after West End of Lincoln and spanning three floors, the property offers a substantial and well-configured layout designed to meet the consistent demand for high-quality shared housing in this prime central location. With a demonstrated track record of full occupancy, the residence has most recently generated a Gross Income of £35,048, representing an impressive Gross Yield of 12.08% for the yearly return. The interior features a dedicated communal living space, ensuring a comfortable and social environment for tenants, while the multi-story design provides separation and privacy across the five bedrooms. This is a rare chance to acquire a "turn-key" asset in a high-demand area, combining a fantastic location with immediate, high-yielding returns. No Onward Chain. Council tax band: A. Freehold.

Bedroom 1 (11' 3'' x 12' 2'' (3.43m x 3.71m))

Living Room (11' 2'' x 12' 1'' (3.40m x 3.68m))

Bathroom (9' 6'' x 6' 2'' (2.89m x 1.88m))

Downstairs WC (4' 6'' x 4' 10'' (1.37m x 1.47m))

First Floor Landing

Bedroom 2 (12' 6'' x 8' 1'' (3.81m x 2.46m))

Bedroom 3 (12' 3'' x 7' 6'' (3.73m x 2.28m))

Bedroom 4 (10' 11'' x 7' 10'' (3.32m x 2.39m))

Bedroom 5 (14' 7'' x 9' 10'' (4.44m x 2.99m))

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More information

  • Tenure

    Freehold

  • Council tax band

    A

See all recent sales in LN1

Property descriptions and related information displayed on this page are marketing materials provided by - Starkey & Brown. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Starkey & Brown for full details and further information.