Offers over
£325,000
6 bed semi-detached house for saleWest Parade, Lincoln, Lincolnshire LN1
6 beds
2 baths
1 reception
EPC Rating: D
Freehold
About this property
6-bed licensed HMO
Fully furnished
Excellent West Parade location
Let for the year ahead
An ideal turnkey investment
An exceptional opportunity to acquire a fully licensed six-bedroom HMO, ideally situated on the ever-popular West Parade in Lincoln. Currently let for the upcoming academic year, this fully furnished property offers a strong and immediate rental income with a 9.1% yield, making it a perfect turnkey investment.
The accommodation comprises a communal living room open to a well-equipped kitchen, a downstairs shower room, and two spacious ground floor bedrooms. To the first floor, there are four additional bedrooms and a shared bathroom, all well-maintained and presented for continued student or professional letting.
Externally, the property benefits from a private rear yard/garden with a separate utility room, while on-street parking is available to the front. Positioned within walking distance of Lincoln University, the city centre, and a wealth of local amenities, this property is ideally placed to attract tenants year-round.
This is a rare opportunity to secure a high-yielding, fully let investment in one of Lincoln’s most sought-after central locations.
The accommodation comprises a communal living room open to a well-equipped kitchen, a downstairs shower room, and two spacious ground floor bedrooms. To the first floor, there are four additional bedrooms and a shared bathroom, all well-maintained and presented for continued student or professional letting.
Externally, the property benefits from a private rear yard/garden with a separate utility room, while on-street parking is available to the front. Positioned within walking distance of Lincoln University, the city centre, and a wealth of local amenities, this property is ideally placed to attract tenants year-round.
This is a rare opportunity to secure a high-yielding, fully let investment in one of Lincoln’s most sought-after central locations.
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Monthly repayment
£1,625 per month
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