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This property was removed from Dealsourcr.

Potential 4-Bed HMO, Lincoln, LN5 7QE £150,000

85 Foster Street, Lincolnshire, LN5 7QE - 25 views - 2 years ago
  1. Deal Search
  2. Lincoln
  3. LN5
  4. LN5 7QE
HMO
ROI: 2%
~68 m²

ValuationOvervalued

This may not be accurate, please check manually.

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Links

  • More Deals in Lincoln
  • More Deals in LN5
  • More HMO Deals
  • More HMO Deals in Lincoln
  • More HMO Deals in LN5

Property History

Listed for £150,000

April 17, 2024

Sold for £125,000

2014

Sold for £61,000

2013

Floor Plans

Description

  • House Of Multiple Occupancy +
  • Very Well Maintained +
  • Excellent Rental Track Record +
  • Let Until Summer 2025 +
  • Gross Income £14,520 Per Annum +
  • 9.7% Gross Return +
  • 3 Bedrooms & Study +
  • Call Today To View! +

3 BED HMO!! 9.7% GROSS RETURN!! Located just off Lincoln High Street and within walking distance of The University of Lincoln is this very well maintained house of multiple occupancy on Foster Street. The property has tenants in situ until July 2025 and generates a healthy revenue of £14,520 which represents a gross return of 9.7% per annum. Accommodation briefly comprises entrance lobby, communal lounge, 13'8 modern kitchen, 3 bedrooms (one to the ground floor and two to the first floor), additional first floor study and first floor bathroom. The property also benefits from an enclosed easily maintained courtyard garden. Call today to arrange a viewing appointment. Council tax band: A. Freehold.

Agent Details

Starkey & Brown, Lincoln

020 3879 5805

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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Cashflows

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