£289,950
5 bed terraced house for saleAlexandra 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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