St. Rumbolds Street, Lincoln
Floorplan & Rooms
Features
Information
Description
4-bed HMO in Lincoln city centre with private garden, permit parking, and strong rental income. Tenants in situ or vacant. Potential annual income up to £19,500.
INVESTMENT OPPORTUNITY – 4-BED HMO WITH PRIVATE GARDEN, CITY CENTRE LOCATION
Situated on the ever-popular St Rumbold’s Street in Lincoln, this well-presented four-bedroom House in Multiple Occupation (HMO) offers an excellent opportunity for both seasoned investors and buyers seeking a flexible property with strong potential. Available with tenants in situ or with vacant possession, it provides the ideal setup for those looking to continue a proven rental model or repurpose the home for alternative use.
Arranged over two floors, the accommodation includes a double bedroom, a spacious living room, and a fitted kitchen on the ground floor. Upstairs, there are two further double bedrooms, a single bedroom, and a shared bathroom. Outside, the property benefits from a private rear garden, a secure gated alleyway for access, and permit parking.
The HMO is currently let to three tenants across the double bedrooms, generating an annual income of £13,800. The single bedroom is presently vacant. At full market value, the property has the potential to achieve a gross annual income of £19,500.
With its central location, strong rental demand, and scope for increased returns, this property represents an attractive investment in one of Lincoln’s key rental areas.
Price Guide
Estate agent
Location
The information provided within this property listing is accurate to the best of our knowledge and research. Please see details of how we gather information in paragraph 3 of our T&Cs.
Please contact the appointed agent, or the vendor, for any missing information and to ensure the accuracy of all details. It is essential that you carry out your own Due Diligence in relation to any property purchases.