£260,000
5 bed terraced house for saleAlexandra Terrace, Lincoln LN1
5 beds
1 bath
1 reception
EPC Rating: C
Reduced on
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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