4 bed terraced house for sale

Albert Crescent, Lincoln, Lincolnshire LN1

Situated on the ever-popular Albert Crescent in Lincoln, this substantial five-bedroom HMO offers a fantastic opportunity for investors seeking a ready-made, income-generating property in a high-demand rental location.

Arranged over three floors, the property boasts five well-proportioned bedrooms, a communal living area, a fitted kitchen, and a separate dining room, creating a practical and sociable layout ideal for professional sharers or students. The accommodation is complemented by bathroom facilities across the upper floors, ensuring convenience for multiple occupants.

The ground floor comprises a welcoming entrance hall, a generous front bedroom, central living space, and a well-equipped kitchen leading through to the dining area, with access to the rear. The first floor offers three further bedrooms and a family bathroom, while the second floor provides an additional spacious fifth bedroom, completing the versatile layout.

Located within close proximity to Lincoln city centre, local amenities, and transport links, the property is perfectly positioned to attract consistent tenant demand.

This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).

If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The buyer will pay £300.00 including VAT for this pack which you must view before bidding.

The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.50% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.

Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional.