£145,000

3 bed terraced house for sale
Kirkby Street, Lincoln LN5

    • 3 beds

    • 1 bath

    • 2 receptions

  • EPC Rating: D

Freehold
Added on 27/03/2026

About this property

  • HMO investment opportunity

  • Let until end of academic year 2026/27

  • Fully managed tenancy in place

  • Two lettable Rooms generating income

  • Gross yield up to 10.90% (based on asking price)

  • Located on Kirkby Street in the popular Sincil Bank area

  • Close to Lincoln City Centre and university

  • Low maintenance rear yard with outbuilding

  • EPC Energy Rating - D

  • Council Tax Band - A (Lincoln City Council)

Fully let student investment with income secured until the end of the 2026/27 academic year. A traditional Three Bedroom bay fronted Terraced HMO Property arranged to provide Two lettable Rooms, offering a ready made investment in the popular Sincil Bank area. The accommodation comprises of an Entrance Hallway, Lounge, Dining Room, Kitchen, Rear Porch and Bathroom. To the First Floor there are Three Bedrooms.

Fully let student investment with income secured until the end of the 2026/27 academic year. A traditional Three Bedroom bay fronted Terraced HMO Property arranged to provide Two lettable Rooms, offering a ready made investment in the popular Sincil Bank area. The accommodation comprises of an Entrance Hallway, Lounge, Dining Room, Kitchen, Rear Porch and Bathroom. To the First Floor there are Three Bedrooms.

Location The historic Cathedral and University City of Lincoln has the usual High Street shops and department stores, plus banking and allied facilities, multiplex cinema, Marina and Art Gallery. The famous Steep Hill leads to the Uphill area of Lincoln and the Bailgate, with its quaint boutiques and bistros, the Castle, Cathedral and renowned Lincoln Bishop University.

Investment information Fully let HMO investment
Tenancy secured until end of academic year 2026/27
Fully managed income:
2025/26: £14,025 per annum (9.67% yield based on asking price) 2026/27: £15,810 per annum (10.90% yield based on asking price)

entrance hallway Accessed via a shared passageway, with access to both reception rooms and stairs to the first floor.

Lounge 11' 4" x 11' 6" (3.46m x 3.50m) Front facing bay fronted reception room with window and radiator.

Dining room 12' 1" x 11' 6" (3.69m x 3.50m) A second reception room with window overlooking the rear yard, radiator and understairs storage cupboard.

Kitchen 10' 11" x 6' 5" (3.32m x 1.95m) Fitted with a range of wall and base units, sink with mixer tap, electric hob with extractor over, eye level electric oven, space for fridge and window to the side aspect.

Rear porch Providing access to the rear yard and bathroom, with tiled flooring.

Bathroom Fitted with a three piece suite comprising of a bath with shower over, WC and wash hand basin, with tiled splashbacks and frosted window.

First floor landing Providing access to all three bedrooms.

Bedroom one 12' 4" x 11' 6" (3.75m x 3.50m) Rear facing double bedroom with UPVC window, radiator and over stairs storage cupboard.

Bedroom two 11' 8" x 7' 3" (3.56m x 2.21m) Front facing double bedroom with UPVC window and radiator.

Bedroom three/study 8' 7" x 7' 8" (2.60m x 2.34m) A flexible room currently used as a study, with window and radiator.

Outside Low-maintenance rear yard mainly laid to patio slabs, with a useful outbuilding providing additional utility space with plumbing for a washing machine. To the front, the property is set behind a brick built wall with on street permit parking available in the area.

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Monthly repayment

£725 per month

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More information

  • Tenure

    Freehold

  • Council tax band

    A

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