Hereward Street, Uphill, Lincoln

Features

• House Of Multiple Occupancy
• Recently Refurbished
• 6 Bedrooms & 3 Shower Rooms
• New Kitchen
• Popular Uphill Location
• Potential Income £30,000 pa
• Close To Bishop Grosseteste University
• Call Today To View

Summary

6 BED HMO!! 10.5% gross return!! Located within the popular uphill area and prime Bishop Grosseteste University and University of Lincoln student location is this fine example of a 6 bedroom, 3 shower room House of Multiple Occupancy on Hereward Street, with tenants in situ from September 2024, providing a healthy income of £30,345. The property has undergone a comprehensive scheme of improvement works and has accommodation which is arranged over four floors as follows: To the basement level there is a communal sitting room and a bedroom. On the ground floor there is a newly fitted kitchen with a door to the rear garden, bedroom and shower room. To the first floor there are 2 bedrooms and 2 shower rooms, and 2 further bedrooms to the second floor. The property also has a pleasant, low maintenance west facing garden. This HMO has a strong rental history over recent years and provides a gross return of 10.5% per annum. Call today to arrange a viewing! Council tax band: A. Freehold.

Full Details

Basement Level

Sitting Room (11' 7'' x 10' 8'' (3.53m x 3.25m))

Having light well to front aspect and radiator.

Bedroom 1 (11' 8'' x 11' 0'' max (3.55m x 3.35m))

Having built-in wardrobe, fitted desk and radiator.

Ground Floor Level

Entrance Hallway

Having side entrance door, door with stairs leading down to basement and stairs rising to first floor.

Kitchen (11' 8'' max x 9' 2'' (3.55m x 2.79m))

Having a range of matching wall and base units, single drainer stainless steel sink unit with mixer taps over, tiled splash backs, built-in oven, hob and cooker hood, integral dishwasher, space for fridge freezer, plumbing for washing machine, laminate wood effect flooring, radiator, part tiled walls, central heating boiler and uPVC door to garden.

Bedroom 2 (11' 3'' x 8' 3'' max (3.43m x 2.51m))

Having built-in wardrobe, fitted desk and radiator.

Shower Room

Having 3 piece suite comprising tiled shower cubicle with electric shower appliance, wash hand basin set in vanity unit, low level WC, ceramic tiled floor, heated towel rail and extractor.

First Floor

First Floor Landing

Having stairs rising to second floor.

Bedroom 3 (11' 10'' max x 9' 5'' (3.60m x 2.87m))

Having built-in wardrobe, fitted desk and radiator.

Shower Room

Having shower cubicle with electric shower appliance, radiator, ceramic tiled floor and part tiled walls.

Bedroom 4 (11' 10'' max x 8' 5'' max (3.60m x 2.56m))

Having built-in wardrobe, fitted desk and radiator.

Shower Room

Having 3 piece suite comprising tiled shower cubicle with electric shower appliance, wall hung wash hand basin set in vanity unit, low level WC, ceramic tiled floor, fully tiled walls, heated towel rail and extractor.

Second Floor

Bedroom 5 (15' 7'' max x 9' 4'' (4.75m x 2.84m))

Having built-in wardrobe, fitted desk and radiator.

Bedroom 6 (11' 10'' max x 9' 4'' (3.60m x 2.84m))

Having built-in wardrobe, fitted desk, radiator and 2 Velux windows to rear aspect.

Outside Rear

To the rear of the property there is a generous sized west-facing garden comprising paved patio area, lawned garden and decking area.