Sold Subject to Contract

Trollope Street, Lincoln

Bed icon  3    Bath icon  1    receptions icon  1

£140,000

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Features

  • 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

Summary

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.



Floorplan for Trollope Street, Lincoln
EPC Graph for Trollope Street, Lincoln

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