£140,000
3 bed terraced house for sale
Trollope Street, Lincoln LN5Freehold
3 beds
1 bath
1 reception
EPC Rating: D
Key information
Tenure
Freehold
Council tax band
A
About this property
HMO Student House
3 Bedrooms
Annual Income Of £16,200 pa
11.5% Gross Yield @ Asking Price
City Centre Location
Student From Sept 2024 - Aug 2025
Upgraded First Floor Bathroom
EPC Rating: D
HMO student investment with an 11.5% gross yield. Located within the city centre of Lincoln and walking distance to the University of Lincoln is this 3 bedroom terraced house. The student tenancy lasts for 50 weeks from September 2024 to August 2025 and returns £16,200pa. The property is currently managed by a local and professional management agency and has a successful track record of consistent tenancies. The property has a registered HMO license and planning approval for C4 usage and Article 4 compliance. Sold with no onward chain and viewings available subject to necessary notice to existing tenants. Council tax band: A. Freehold.
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Listed by
Starkey & Brown