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Superb 4 Studio (all ensuite) Mini HMO

£ 190,000 For Sale
Freehold Bedroom Mid-Terraced House HMO Property For Sale
Fairfield St Lincoln Lincolnshire LN5
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0203 970 4112
Price : £ 190000
Gross Yield : 10.82 %
Gross Monthly Rent: £ 1713

An excellent full let mini HMO property refurbished in 2019 to an excellent standard, with trusted managing agent already in place. Comprising 4 units of accommodation, this brilliant HMO property provides investors with cash flow from day 1.

This existing HMO property is situated in the heart of Lincoln, with excellent proximity to the town
centre, employment centres, very close to infrastructure and transport links.

It has been fully let at 100% occupancy for the past 4 years due to brilliant tenant demand in the area.

Property Sub Type: Mid-Terraced House
No Storeys: 2
Tenure: Freehold
Construction: Brick & Tile
Condition: Good
Garage: None
Additional Parking: On-road
Garden: Rear
Heating: Gas Central Heating
Double Glazing: Full
Tenant Type: Working
Fully Tenanted
Great Location
Strong Rental Demand
Capital Growth Potential
Good Transport Links
Wireless Broadband
Shared Kitchen Dining Area
HMO Compliant Fire Alarm
Studio: 4
Kitchenettes: 4
Ensuite Bathrooms: 4
Room Type: Price
Studio £ 434
Studio £ 476
Studio £ 435
Studio £ 368
Gross Monthly Rent: £ 1713
HMO Licence Required: No
HMO Licence In Place: No
Gas:£ 75
Electric:£ 75
Water:£ 52
Broadband:£ 54
Council Tax:£ 109
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