6 Bed Terraced House For Sale Hereward Street, Lincoln, LN1

£290,000- Terraced

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Last Updated: 4th March 2024

Description

6 BED HMO!! 10.5% gross return!! Located within the popular uphill area and prime Bishop Grosseteste University and University of Lincoln student location is this fine example of a 6 bedroom, 3 shower room House of Multiple Occupancy on Hereward Street, with tenants in situ from September 2024, providing a healthy income of £30,345. The property has undergone a comprehensive scheme of improvement works and has accommodation which is arranged over four floors as follows: To the basement level there is a communal sitting room and a bedroom. On the ground floor there is a newly fitted kitchen with a door to the rear garden, bedroom and shower room. To the first floor there are 2 bedrooms and 2 shower rooms, and 2 further bedrooms to the second floor. The property also has a pleasant, low maintenance west facing garden. This HMO has a strong rental history over recent years and provides a gross return of 10.5% per annum. Call today to arrange a viewing! Council tax band: A. Freehold.
Agent Details
Starkey & Brown
34, Silver Street, Lincoln, LN2 1EH
Show Contact Number
01522 845 845

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Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
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