5 bed semi-detached house for sale

Carholme Road, Lincoln, Lincolnshire LN1

Attractive HMO Investment Opportunity

Address: 187 Carholme Road, Lincoln, LN1 1RU
Property Type: 5-Bed, 2-Bath HMO
Tenant Type: Tenanted by Working Professionals

Prime Investment Location

Lincoln is a thriving East Midlands city combining historical charm with a growing, modern economy—making it a highly desirable location for property investors. With major employers such as the University of Lincoln, Lincoln County Hospital, and a rapidly developing digital tech sector, the city supports a strong, stable employment base. Ongoing regeneration in the city centre and waterfront areas continues to drive local infrastructure improvements, economic growth, and housing demand. Its blend of affordability, urban vibrancy, and high-quality lifestyle ensures Lincoln remains an investment hotspot.

Tenant Demand & Demographics

Demand for rental properties in Lincoln is underpinned by a large student population, an influx of young professionals, and the city’s growing appeal among key workers. Located just minutes from both the University of Lincoln and the city centre, 187 Carholme Road is perfectly placed to attract long-term tenants. Its mix of affordability and convenience is well-suited to professional tenants seeking quality shared accommodation in a well-connected area with access to local amenities and transport routes.

Transport & Connectivity

Lincoln benefits from strong road and rail connectivity, linking residents to key regional and national destinations. The city’s rail station offers direct services to Nottingham, Sheffield, and London, while nearby A46 and A15 roads provide fast access to other parts of Lincolnshire and beyond. Regeneration in the city’s transport corridors and pedestrian-friendly developments further enhance the city’s accessibility, contributing to the rising tenant demand and continued capital appreciation.

Financial Summary

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

Annual Expenditure: £7,848.00

Net Annual Income: £28,392.00

Yields:

Gross Yield: 12.08%

Net Yield: 9.46%

Commentary

This 5-bed HMO on sought-after Carholme Road delivers a gross yield of 12.08% and a net yield of 9.46%, making it a standout opportunity in a competitive university city market. Its strategic location near the university and city centre ensures ongoing tenant demand from both professionals and students, making it an excellent turnkey investment for both new and seasoned landlords.

HMO X are specialists within the HMO and multi-unit marketplace across the UK. Our experienced team has a combined 100+ years of specific HMO experience including investing, managing, developing, valuing and selling. Every property is exclusively listed, direct to landlord, visited and quality-checked by our team and is sold with no buyer fees or reservation costs. Full access to every financial detail and a pro-active and time-served team to assist you.