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4 Bed HMO, Lincoln, LN1 1SJ £160,000

Severn Street, Lincoln, Lincolnshire, LN1 1SJ - a year ago
  1. Deal Search
  2. Lincoln
  3. LN1
  4. LN1 1SJ
Sold STC
HMO
Inside Article 4
ROI: 11%
~79 m²

ValuationUndervalued

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Links

  • More Deals in Lincoln
  • More Deals in LN1
  • More HMO Deals
  • More HMO Deals in Lincoln
  • More HMO Deals in LN1

Property History

Price changed to £160,000

September 5, 2025

Price changed to £170,000

July 26, 2025

Price changed to £180,000

May 15, 2025

Listed for £200,000

October 24, 2024

Sold for £83,500

2011

Floor Plans

Description

  • Four Bedroom HMO +
  • Bay Fronted Terraced +
  • Near Lincoln University +
  • EPC Grade D +
  • City of Lincoln Council +
  • Council Tax Band A +
  • Potential Annual Gross Return of £21,320 +
  • No Onward Chain +

*FOUR BEDROOM HMO LOCATED CLOSE TO LINCOLN UNIVERSITY* Having always been let as a HMO by the current vendors, this bay fronted Mid-Terraced is the perfect next addition to the investment portfolio. Offering a gross rental yield of over 10% and a return of £21,320 over 52 weeks.

Briefly comprising; Hall, Four Bedrooms, Living Room, Kitchen, Shower Room. Externally benefitting from a low maintenance Courtyard to the rear.

The vendor has recently filled three rooms until June 2026 at £95 per week leaving one more room able to be filled.

Freehold/City of Lincoln Council-Band A/EPC Grade D.

IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS:
We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller. POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases.

LIN240452/2

Agent Details

Your Move, Lincoln

020 3873 9734

Next Steps?

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

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