Offers over
£300,000
5 bed property for saleCarholme Road, Lincoln, Lincolnshire LN1
5 beds
2 baths
1 reception
EPC Rating: E
Freehold
About this property
Property Layout – 5 bed, 2 bath HMO, well-presented and fully compliant
Tenant Type – Fully tenanted by working professionals, ensuring reliable rental income
Strategic Location – Prime Lincoln location near university, hospital, city centre and major employers
Transport & Connectivity – Direct rail to London & Nottingham, easy A46/A15/A1 access for wider connectivity
Regeneration Benefits – Ongoing city centre, Cornhill Quarter and university-led regeneration boosting demand
High Rental Income & Strong Yield – Gross annual income £36,240 delivering 12.08% yield
This well-presented, fully compliant 5-bedroom, 2-bathroom HMO offers a strong income-generating investment in a prime Lincoln location. Fully tenanted by working professionals, the property produces £36,240 in annual rental income, delivering an attractive 12.08% gross yield with reliable occupancy and steady returns. Ideally situated close to the University of Lincoln, Lincoln County Hospital, the city centre, and major employers, it benefits from consistent tenant demand. Excellent transport connectivity via direct rail to London and Nottingham, alongside easy access to the A46, A15, and A1, further enhances its appeal. With ongoing regeneration projects across the city centre, the Cornhill Quarter, and university-led developments driving future demand and capital growth, this property represents a secure, high-yielding investment opportunity in one of the East Midlands’ most dependable rental markets.
Please note: A Buyer Onboarding Fee of £250 + VAT is payable by all purchasers upon offer acceptance. This covers full aml and Proof of Funds verification, investor onboarding, and one months' access to our exclusive HMO Xchange portal and dedicated Buyer’s Space within the HMO X Hub - providing specialist guides, content, and support for HMO investors of all experience levels.
Income Breakdown (Monthly):
Room 1: £625.00
Room 2: £550.00
Room 3: £575.00
Room 4: £595.00
Room 5: £675.00
Total Monthly Income: £3,020.00
Annual Income: £36,240.00
Expenditure Breakdown (Monthly):
Gas: £129.00
Electric: £164.00
Water: £60.00
Council Tax: £259.00
Broadband: £42.00
Management: Tbc
Total Monthly Expenditure: £654.00
Total Annual Expenditure: £7,848.00
Investment Performance:
Net Annual Income: £28,392.00
Gross Yield: 12.08%
Net Yield: 9.46%
Compliance And Licensing:
- HMO License (5 people)
- Certificate of Lawfulness
- EPC
- eicr
- Fire Risk Assessment
- Emergency Lighting Test Certificate
- Fire Alarm Test Certificate
- Gas Safety Certificate
Please note: A Buyer Onboarding Fee of £250 + VAT is payable by all purchasers upon offer acceptance. This covers full aml and Proof of Funds verification, investor onboarding, and one months' access to our exclusive HMO Xchange portal and dedicated Buyer’s Space within the HMO X Hub - providing specialist guides, content, and support for HMO investors of all experience levels.
Income Breakdown (Monthly):
Room 1: £625.00
Room 2: £550.00
Room 3: £575.00
Room 4: £595.00
Room 5: £675.00
Total Monthly Income: £3,020.00
Annual Income: £36,240.00
Expenditure Breakdown (Monthly):
Gas: £129.00
Electric: £164.00
Water: £60.00
Council Tax: £259.00
Broadband: £42.00
Management: Tbc
Total Monthly Expenditure: £654.00
Total Annual Expenditure: £7,848.00
Investment Performance:
Net Annual Income: £28,392.00
Gross Yield: 12.08%
Net Yield: 9.46%
Compliance And Licensing:
- HMO License (5 people)
- Certificate of Lawfulness
- EPC
- eicr
- Fire Risk Assessment
- Emergency Lighting Test Certificate
- Fire Alarm Test Certificate
- Gas Safety Certificate
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