2 bed terraced house for sale

Sausthorpe Street, Lincoln LN5

Fully let student investment with income secured until the end of the 2026/27 academic year. A three bedroom mid terraced HMO property arranged to provide two lettable rooms, offering a ready-made investment opportunity with practical accommodation and low maintenance outside space. The accommodation comprises of an entrance hallway, lounge, dining room, kitchen, two double bedrooms, a further dressing room/bedroom three and a bathroom.

Fully let student investment with income secured until the end of the 2026/27 academic year. A three bedroom mid terraced HMO property arranged to provide two lettable rooms, offering a ready-made investment opportunity with practical accommodation and low maintenance outside space. The accommodation comprises of an entrance hallway, lounge, dining room, kitchen, two double bedrooms, a further dressing room/bedroom three and a bathroom.

Location The historic Cathedral and University City of Lincoln has the usual High Street shops and department stores, plus banking and allied facilities, multiplex cinema, Marina and Art Gallery. The famous Steep Hill leads to the Uphill area of Lincoln and the Bailgate, with its quaint boutiques and bistros, the Castle, Cathedral and renowned Lincoln Bishop University.

HMO investment Fully let HMO investment with tenancy secured until the end of academic year 2026/27
Fully managed Income:
2025/26 - £13,515 per annum (10.8% yield based on asking price)
2026/27 - £15,810 per annum (12.65% yield based on asking price)

entrance hall Accessed via a private passageway with stairs rising to the first floor landing.

Lounge A reception room with UPVC window, laminate flooring and radiator.

Dining room A second reception room with UPVC window, laminate flooring, radiator and understairs storage cupboard.

Kitchen Modern fitted kitchen with a range of wall and base units, sink unit with side drainer, electric hob and oven with extractor over, wall mounted combi boiler and UPVC window and door to the rear yard.

First floor landing Providing access to two double bedrooms and a further room leading to the bathroom.

Bedroom 1 Front facing double bedroom with UPVC window, radiator and overstairs storage cupboard.

Bedroom 2 Rear facing double bedroom with UPVC window and radiator.

Dressing room/bedroom 3 A flexible additional room currently used as a dressing room, providing access to the bathroom.

Bathroom Fitted with a three piece suite comprising bath with shower over, WC and wash hand basin with vanity storage, finished with mermaid boarding, radiator and UPVC window.

Outside Low maintenance rear yard accessed via the kitchen or shared passageway with on street permit parking available.