4 bed terraced house for sale

Ripon Street, Lincoln LN5

HMO Investment Property Returning 11.99% Gross Yield - Situated in the Sincil Bank area of Lincoln city centre is this period terraced property offering 4 bedrooms over two floors. The next tenancy will begin in August 2026 and end in August 2027, returning an annual income of £22,185. The home is well presented throughout, and includes a colourful kitchen and communal living space to the ground floor. The ground floor is completed by a downstairs WC, shower room and one bedroom. The first floor has 3 generously sized bedrooms, while the exterior features a low-maintenance traditional courtyard. The Sincil Bank area is a short walk to Lincoln's main High Street which provides access to all the major retail and leisure amenities as well as having quick access to Lincoln's major historical landmarks. The home has flexible use, confirmed by the council's current C3 & C4 designations. Being sold with Tenants in Situ, there is a significant tenancy cancellation fee should a purchaser wish to purchase the property without tenants. Council tax band: A. Freehold.