£375,000
6 bed terraced house for saleWest Parade, Lincoln LN1
6 beds
6 baths
1 reception
Just added
Freehold
About this property
Six bedroom HMO investment
Let to working professionals
All rooms with modern en-suite facilities
Four self-contained studio-style rooms
Bay fronted period property
High demand central location
Communal kitchen with full facilities
Low maintenance rear yard
EPC Energy Rating - D
Council Tax Band - A (Lincoln City Council)
Six bedroom HMO investment generating £41,328 per annum, representing a gross yield of 11.02%. A substantial bay fronted terraced property positioned within close proximity to the Brayford Waterfront and Lincoln City Centre, making it a highly attractive and consistently performing rental investment. The property is arranged to provide six double en-suite rooms with four benefitting from their own kitchenette facilities, offering a strong mix of self-contained and shared accommodation. All rooms are well-proportioned and finished to a modern standard with an additional communal kitchen and low maintenance outside space.
Six bedroom HMO investment generating £41,328 per annum, representing a gross yield of 11.02%. A substantial bay fronted terraced property positioned within close proximity to the Brayford Waterfront and Lincoln City Centre, making it a highly attractive and consistently performing rental investment. The property is arranged to provide six double en-suite rooms with four benefitting from their own kitchenette facilities, offering a strong mix of self-contained and shared accommodation. All rooms are well-proportioned and finished to a modern standard with an additional communal kitchen and low maintenance outside space.
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.
Studio 1 14' 0" x 12' 2" (4.27m x 3.71m) With UPVC bay window, kitchenette, radiator and access to it's own en-suite.
En-suite Fitted with a modern suite to comprising of shower cubicle, WC and pedestal wash hand basin, tiled wall splashbacks, tiled flooring, radiator and extractor.
Studio 2 14' 0" x 12' 5" (4.27m x 3.78m) With UPVC window, kitchenette, radiator and access to its own en-suite.
En-suite Fitted with a modern suite to comprise of shower cubicle, WC and pedestal wash hand basin, tiled wall splashbacks, tiled flooring, radiator and extractor.
Studio 3 12' 1" x 10' 6" (3.68m x 3.2m) With UPVC window, radiator and access to a separate kitchen and shower room.
Kitchen 9' 11" x 7' 3" (3.02m x 2.21m) Fitted with a range of wall and base mounted cupboard units with stainless steel sink, electric oven, electric hob, UPVC window, radiator, extractor and tiled wall splashbacks.
En-suite Fitted with a modern suite to comprise of shower cubicle, WC and pedestal wash hand basin, tiled wall splashbacks, tiled flooring, radiator and extractor.
Studio 4 12' 5" x 12' 3" (3.78m x 3.73m) With UPVC bay window, radiator and access to it's own kitchen and shower room.
Kitchen 9' 3" x 5' 5" (2.82m x 1.65m) Fitted with a range of base and wall mounted cupboard units with stainless steel sink, electric oven, electric hob, UPVC window, radiator, extractor and tiled wall splashbacks.
En-suite Fitted with a modern suite to comprise of shower cubicle, WC and pedestal wash hand basin, tiled wall splashbacks, tiled flooring, radiator and extractor.
Studio 5 12' 5" x 12' 2" (3.78m x 3.71m) With UPVC window, radiator and access to its own en-suite.
En-suite Fitted with a modern suite to comprise of shower cubicle, WC and pedestal wash hand basin, tiled wall splashbacks, tiled flooring, radiator and extractor.
Studio 6 21' 0 max" x 10' 6" (6.4m x 3.2m) With UPVC window, radiator and access to a separate en-suite.
En-suite Fitted with a modern suite to comprise of shower cubicle, WC and pedestal wash hand basin, tiled wall splashbacks, tiled flooring, radiator and extractor.
Communal kitchen 9' 9" x 7' 3" (2.97m x 2.21m) Fitted with a range of units, electric hob, electric oven, stainless steel sink with drainer and mixer tap, washing machine, tiled splashbacks, fitted cupboard storage, extractor and UPVC window.
Outside To the rear of the property there is a securely enclosed and generously sized communal yard, providing a practical and low maintenance outdoor space for occupants. The area offers ample room for seating and general use, creating a pleasant shared environment while remaining easy to maintain, ideal for a multi-occupancy property.
Six bedroom HMO investment generating £41,328 per annum, representing a gross yield of 11.02%. A substantial bay fronted terraced property positioned within close proximity to the Brayford Waterfront and Lincoln City Centre, making it a highly attractive and consistently performing rental investment. The property is arranged to provide six double en-suite rooms with four benefitting from their own kitchenette facilities, offering a strong mix of self-contained and shared accommodation. All rooms are well-proportioned and finished to a modern standard with an additional communal kitchen and low maintenance outside space.
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.
Studio 1 14' 0" x 12' 2" (4.27m x 3.71m) With UPVC bay window, kitchenette, radiator and access to it's own en-suite.
En-suite Fitted with a modern suite to comprising of shower cubicle, WC and pedestal wash hand basin, tiled wall splashbacks, tiled flooring, radiator and extractor.
Studio 2 14' 0" x 12' 5" (4.27m x 3.78m) With UPVC window, kitchenette, radiator and access to its own en-suite.
En-suite Fitted with a modern suite to comprise of shower cubicle, WC and pedestal wash hand basin, tiled wall splashbacks, tiled flooring, radiator and extractor.
Studio 3 12' 1" x 10' 6" (3.68m x 3.2m) With UPVC window, radiator and access to a separate kitchen and shower room.
Kitchen 9' 11" x 7' 3" (3.02m x 2.21m) Fitted with a range of wall and base mounted cupboard units with stainless steel sink, electric oven, electric hob, UPVC window, radiator, extractor and tiled wall splashbacks.
En-suite Fitted with a modern suite to comprise of shower cubicle, WC and pedestal wash hand basin, tiled wall splashbacks, tiled flooring, radiator and extractor.
Studio 4 12' 5" x 12' 3" (3.78m x 3.73m) With UPVC bay window, radiator and access to it's own kitchen and shower room.
Kitchen 9' 3" x 5' 5" (2.82m x 1.65m) Fitted with a range of base and wall mounted cupboard units with stainless steel sink, electric oven, electric hob, UPVC window, radiator, extractor and tiled wall splashbacks.
En-suite Fitted with a modern suite to comprise of shower cubicle, WC and pedestal wash hand basin, tiled wall splashbacks, tiled flooring, radiator and extractor.
Studio 5 12' 5" x 12' 2" (3.78m x 3.71m) With UPVC window, radiator and access to its own en-suite.
En-suite Fitted with a modern suite to comprise of shower cubicle, WC and pedestal wash hand basin, tiled wall splashbacks, tiled flooring, radiator and extractor.
Studio 6 21' 0 max" x 10' 6" (6.4m x 3.2m) With UPVC window, radiator and access to a separate en-suite.
En-suite Fitted with a modern suite to comprise of shower cubicle, WC and pedestal wash hand basin, tiled wall splashbacks, tiled flooring, radiator and extractor.
Communal kitchen 9' 9" x 7' 3" (2.97m x 2.21m) Fitted with a range of units, electric hob, electric oven, stainless steel sink with drainer and mixer tap, washing machine, tiled splashbacks, fitted cupboard storage, extractor and UPVC window.
Outside To the rear of the property there is a securely enclosed and generously sized communal yard, providing a practical and low maintenance outdoor space for occupants. The area offers ample room for seating and general use, creating a pleasant shared environment while remaining easy to maintain, ideal for a multi-occupancy property.
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