Offers in region of
£239,950
6 bed terraced house for saleCharles Street West, West End, Lincoln LN1
6 beds
3 baths
1 reception
EPC Rating: D
Back to market
Freehold
About this property
6 Bed HMO - 12.5% Gross Yield for 25/26
Fully Let For 24-25 & 25-26
25/26 Rental Income of £30,120
12 Month Contract of £2,510pcm
Prime West End Location
Proven Track Record
Completely Licensed
Regular Refurbishments
Fully let 6 bed HMO property situated in a prime West End position. Having a 48 week contract for the full 24/25 University year, the property achieves an annual income of £27,840 and represents a gross yield of 11.1% at asking price. Having 6 bedrooms rented out, the property has an excellent proven track record of historical tenancies. The property comes with a HMO license and C4 approval, complying with the Article 4 planning conditions. Over the years, the current landlord has had a continued program of refurbishments and upgrades to offer a superb standard of living accommodation to potential tenants. The home boasts 6 bedrooms with 3 bathrooms. These include x2 'annexe rooms' which share a Jack & Jill shower room. For further information and viewing requests, please contact Starkey&Brown. Council tax band: A. Freehold.
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