Offers over
£180,000
4 bed terraced house for saleDixon Street, Lincoln LN5
4 beds
1 bath
1 reception
EPC Rating: D
About this property
Four-bedroom licensed HMO: Ideal investment opportunity on Dixon Street, Lincoln (LN5)
Prime student location: Proven track record as a student let, with strong demand potential
Sold with vacant possession and no onward chain: Flexible purchase for investors
Active HMO licence in place: No renewal required at this stage (per seller information)
Strong income potential: £102 per room per week (£408 per week / £1,632 per month)
Impressive projected annual rent: £20,808 per annum based on 51-week tenancies
Attractive yield guide: Approx. 10.67% gross / 8.36% net at £180,000
Communal lounge and kitchen: Practical shared layout for tenants
Low-maintenance rear garden: Patio doors from the lounge
One shower room: Servicing all four bedrooms
The property has a proven history as a student let and is currently operated as a student property. It is being sold with vacant possession and no onward chain, giving buyers flexibility-whether you’d like to refurbish, reconfigure, or re-let immediately. For investors seeking instant income, we’re also happy to discuss how we can help get tenants lined up while the purchase is progressing, subject to your preferred strategy and timelines. The property also benefits from an active HMO licence (which, per seller information, does not require renewal at this stage).
Internally, the accommodation includes four bedrooms, a communal lounge, and a communal kitchen. The lounge features patio doors opening onto a low-maintenance rear garden, and the bedrooms are serviced by a shower room-an ideal, straightforward layout for shared occupancy.
Income & Yield (guide figures provided):
Rent: £102 per room per week
4 rooms: £408 per week / £1,632 per calendar month
51-week tenancy projection: £20,808 per annum
At £180,000 approx. 10.67% gross yield / 8.36% net yield (Please note the property is advertised for Offers Over £180,000)
Approximate bills (as provided):
Council Tax: £31
Water: £50
Energy: £170
TV licence: £15
Broadband: £33
Insurance: £37
If you’re looking for a strong-yielding HMO in a proven rental location, this is an opportunity not to miss. Contact Walters of Lincolnshire today to arrange your viewing and discuss the investment potential in more detail.
Disclaimer
Our Disclaimers:
Please Note: At the time of writing, all information provided in this listing is believed to be accurate and correct. While we strive to maintain the highest standards of accuracy, details may be subject to change.
Important Information Regarding Identity Verification: In compliance with legal obligations, all prospective property buyers will be required to undergo thorough identity verification checks. This process must be completed to proceed with any purchase.
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