£260,000

5 bed terraced house for sale
Alexandra Terrace, Lincoln LN1

    • 5 beds

    • 1 bath

    • 1 reception

  • EPC Rating: C

  • Chain free
  • Freehold

Reduced on

Starkey & Brown

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About this property

  • Five Bedroom HMO

  • Previous Gross Income Of £35,048

  • Gross Yield Of 13.48%

  • Located In Lincoln's West End

  • Proven Track Record Of Full Occupancy

  • Three Floors

  • Communal Living Space

  • Fantastic Investment Opportunity

This exceptional 5-bedroom property offers an outstanding opportunity, whether as a high-performing HMO investment or a spacious residential home. Situated in the highly sought-after West End of Lincoln and spanning three floors, the property provides a substantial and well-configured layout suited to a variety of buyers.

Currently operating as a successful HMO, the property has a proven track record of full occupancy and most recently generated a Gross Income of £35,048, representing an impressive Gross Yield of 13.48% per annum. The interior features a dedicated communal living space, creating a comfortable and sociable environment for tenants, while the multi-storey layout offers excellent separation and privacy across the five bedrooms.

Equally, the generous accommodation and prime location make it an attractive option for those seeking a spacious family home in one of Lincoln's most desirable areas. This is a rare opportunity to acquire a versatile property with excellent investment potential and residential appeal. No Onward Chain. Council Tax Band: A. Freehold.

Bedroom 1 (11' 3'' x 12' 2'' (3.43m x 3.71m))

Living Room (11' 2'' x 12' 1'' (3.40m x 3.68m))

Bathroom (9' 6'' x 6' 2'' (2.89m x 1.88m))

Downstairs WC (4' 6'' x 4' 10'' (1.37m x 1.47m))

First Floor Landing

Bedroom 2 (12' 6'' x 8' 1'' (3.81m x 2.46m))

Bedroom 3 (12' 3'' x 7' 6'' (3.73m x 2.28m))

Bedroom 4 (10' 11'' x 7' 10'' (3.32m x 2.39m))

Bedroom 5 (14' 7'' x 9' 10'' (4.44m x 2.99m))

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More information

  • Tenure

    Freehold

  • Council tax band

    A

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