3 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 two bedroom mid terraced HMO property arranged to provide three lettable rooms, offering a strong income, producing investment in the popular Sincil Bank area. The accommodation comprises of an entrance hallway, bedroom one, lounge, kitchen, two further double bedrooms and a bathroom. Externally, there is a low maintenance rear yard and on street permit parking available.

Fully let student investment with income secured until the end of the 2026/27 academic year. A two bedroom mid terraced HMO property arranged to provide three lettable rooms, offering a strong income, producing investment in the popular Sincil Bank area. The accommodation comprises of an entrance hallway, bedroom one, lounge, kitchen, two further double bedrooms and a bathroom. Externally, there is a low maintenance rear yard and on street permit parking available.

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
Tenancy secured until end of academic year 2026/27
Fully Managed Income:
2025/26 - £18,870 per annum (13.01% yield based on asking price)
2026/27 - £19,890 per annum (13.72% yield based on asking price)

entrance hall Accessed via a shared passageway with access to bedroom one and the lounge.

Bedroom 1 11' 3" x 11' 3" (3.43m x 3.43m) Front facing double bedroom with UPVC window and radiator.

Lounge 11' 8" x 11' 3" (3.56m x 3.43m) A reception room with UPVC window, radiator and understairs storage cupboard.

Kitchen 10' 7" x 6' 3" (3.23m x 1.91m) Fitted kitchen with a range of wall and base units, UPVC window and door to the rear yard, electric oven, hob with extractor over and 1 1/2 stainless steel sink with mixer tap.

First floor landing Providing access to two double bedrooms and the bathroom.

Bedroom 2 11' 3" x 10' 5" (3.43m x 3.18m) Front facing double bedroom with UPVC window, radiator and overstairs storage cupboard.

Bedroom 3 12' 2" x 6' 7" (3.71m x 2.01m) Rear facing double bedroom with UPVC window and radiator.

Bathroom Fitted with a three piece suite comprising bath with shower over, WC and wash hand basin with vanity storage, tiled walls, UPVC window, extractor and airing cupboard housing the wall mounted boiler.

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