£185,000
4 Bedroom Terraced House
Shakespeare Street, Lincoln, LN5
First listed on: 17th August 2023
Nearest stations:
- Lincoln Central (0.6 mi)
- Hykeham (2.8 mi)
- Saxilby (6 mi)
- Swinderby (7.1 mi)
- Metheringham (8.4 mi)
Interested?
Call: See phone number 01522 305605
Property Description
Tenure: Freehold
Introducing an exceptional investment opportunity on Shakespeare Street - a well maintained 4-bedroom HMO property with remarkable potential for growth and development. Currently leased for the academic year, this central location promises not only immediate returns but also a chance to maximize its offerings.
Boasting an open-plan living kitchen communal area, the property offers a modern and inclusive space for tenants to enjoy. With four generously sized bedrooms, comfort and privacy are seamlessly combined.
A notable highlight is the possibility to expand into the loft, potentially adding a fifth bedroom to further enhance rental income. While planning permission would be required, the avenue for growth is enticing.
Currently achieving a rental yield of approximately 8.8%, this property showcases its potential as a rewarding investment. Its strategic central location enhances its appeal, ensuring a steady flow of potential tenants.
If you're looking for a well-maintained HMO property with existing income and the chance to tap into its development possibilities, Shakespeare Street presents a compelling proposition. For more information or to explore this investment opportunity, please reach out.
Council tax band: A, Tenure: Freehold, EPC rating: DRoomsAgent Notes - These particulars are for guidance only. Lovelle Estate Agency, theirclients and any joint agents give notice that:-They have no authority to give or make representation/warrantiesregarding the property, or comment on the SERVICES, TENURE andRIGHT OF WAY of any property.These particulars do not form part of any contract and must not berelied upon as statements or representation of fact.All measurements/areas are approximate. The particulars includingphotographs and plans are for guidance only and are not necessarilycomprehensive.Useful Statistics In Your Area
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Price History
Listed prices are those submitted to us and may not reflect the actual selling price of this property.
Date | History Details |
---|---|
19/08/2023 | Property listed at £185,000 |
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