£375,000

6 bed terraced house for sale
West Parade, Lincoln LN1

    • 6 beds

    • 6 baths

    • 1 reception

  • Freehold

Mundys

Logo of Mundys

About this property

  • Six bedroom HMO investment

  • Let to working professionals

  • All rooms with modern en-suite facilities

  • Four self-contained studio-style rooms

  • Bay fronted period property

  • High demand central location

  • Communal kitchen with full facilities

  • Low maintenance rear yard

  • EPC Energy Rating - D

  • Council Tax Band - A (Lincoln City Council)

Six bedroom HMO investment generating £41,328 per annum, representing a gross yield of 11.02%. A substantial bay fronted terraced property positioned within close proximity to the Brayford Waterfront and Lincoln City Centre, making it a highly attractive and consistently performing rental investment. The property is arranged to provide six double en-suite rooms with four benefitting from their own kitchenette facilities, offering a strong mix of self-contained and shared accommodation. All rooms are well-proportioned and finished to a modern standard with an additional communal kitchen and low maintenance outside space.

Six bedroom HMO investment generating £41,328 per annum, representing a gross yield of 11.02%. A substantial bay fronted terraced property positioned within close proximity to the Brayford Waterfront and Lincoln City Centre, making it a highly attractive and consistently performing rental investment. The property is arranged to provide six double en-suite rooms with four benefitting from their own kitchenette facilities, offering a strong mix of self-contained and shared accommodation. All rooms are well-proportioned and finished to a modern standard with an additional communal kitchen and low maintenance outside space.

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.

Studio 1 14' 0" x 12' 2" (4.27m x 3.71m) With UPVC bay window, kitchenette, radiator and access to it's own en-suite.

En-suite Fitted with a modern suite to comprising of shower cubicle, WC and pedestal wash hand basin, tiled wall splashbacks, tiled flooring, radiator and extractor.

Studio 2 14' 0" x 12' 5" (4.27m x 3.78m) With UPVC window, kitchenette, radiator and access to its own en-suite.

En-suite Fitted with a modern suite to comprise of shower cubicle, WC and pedestal wash hand basin, tiled wall splashbacks, tiled flooring, radiator and extractor.

Studio 3 12' 1" x 10' 6" (3.68m x 3.2m) With UPVC window, radiator and access to a separate kitchen and shower room.

Kitchen 9' 11" x 7' 3" (3.02m x 2.21m) Fitted with a range of wall and base mounted cupboard units with stainless steel sink, electric oven, electric hob, UPVC window, radiator, extractor and tiled wall splashbacks.

En-suite Fitted with a modern suite to comprise of shower cubicle, WC and pedestal wash hand basin, tiled wall splashbacks, tiled flooring, radiator and extractor.

Studio 4 12' 5" x 12' 3" (3.78m x 3.73m) With UPVC bay window, radiator and access to it's own kitchen and shower room.

Kitchen 9' 3" x 5' 5" (2.82m x 1.65m) Fitted with a range of base and wall mounted cupboard units with stainless steel sink, electric oven, electric hob, UPVC window, radiator, extractor and tiled wall splashbacks.

En-suite Fitted with a modern suite to comprise of shower cubicle, WC and pedestal wash hand basin, tiled wall splashbacks, tiled flooring, radiator and extractor.

Studio 5 12' 5" x 12' 2" (3.78m x 3.71m) With UPVC window, radiator and access to its own en-suite.

En-suite Fitted with a modern suite to comprise of shower cubicle, WC and pedestal wash hand basin, tiled wall splashbacks, tiled flooring, radiator and extractor.

Studio 6 21' 0 max" x 10' 6" (6.4m x 3.2m) With UPVC window, radiator and access to a separate en-suite.

En-suite Fitted with a modern suite to comprise of shower cubicle, WC and pedestal wash hand basin, tiled wall splashbacks, tiled flooring, radiator and extractor.

Communal kitchen 9' 9" x 7' 3" (2.97m x 2.21m) Fitted with a range of units, electric hob, electric oven, stainless steel sink with drainer and mixer tap, washing machine, tiled splashbacks, fitted cupboard storage, extractor and UPVC window.

Outside To the rear of the property there is a securely enclosed and generously sized communal yard, providing a practical and low maintenance outdoor space for occupants. The area offers ample room for seating and general use, creating a pleasant shared environment while remaining easy to maintain, ideal for a multi-occupancy property.

Zoopla tools

Stamp duty calculator

Our instant calculator helps you understand how much stamp duty is due on property purchases in England & Northern Ireland. Read the latest stamp duty news

From 1st April 2025 £-

This calculation is intended as a guide only. We are unable to provide financial advice, so it's important to consult with an adviser. It applies to UK residents purchasing residential properties in England and Northern Ireland, but does not apply if the purchase is made through a company.

Zoopla insights

Sign in and gain expert analysis to make informed decisions.

More information

  • Tenure

    Freehold

  • Council tax band

    A

  • Report this listing
See all recent sales in LN1

Property descriptions and related information displayed on this page are marketing materials provided by - Mundys. 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 Mundys for full details and further information.