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This property was removed from Dealsourcr.

6 Bed HMO, Lincoln, LN1 1LY £350,000

192 West Parade, Lincolnshire, LN1 1LY - 20 views - a year ago
  1. Deal Search
  2. Lincoln
  3. LN1
  4. LN1 1LY
Auction
HMO
ROI: 7%
~162 m²

ValuationOvervalued

This may not be accurate, please check manually.

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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 £350,000

April 5, 2025

Listed for £375,000

January 27, 2025

Floor Plans

Description

  • For Sale by Live Stream Auction 30th April 2025 +
  • 6 Bed HMO +
  • 6 en-suites +
  • Short walk from University +
  • Recently fully refurbished +
  • Buyers Fee £900 + VAT +

For Sale by Live Stream Auction 30th April 2025

6 Bed HMO

6 en-suites

Short walk from University

For Sale by Live Stream Auction 30th April 2025 - 6 Bed HMO - 6 en-suites - Short walk from University - Recently fully refurbished - Buyers Fee £900 + VAT

Detailed Description

A six bedroom HMO situated within walking distance of Lincoln University and the City Centre. The property has been fully refurbished to offer six well appointed bedrooms all with an en-suite shower room. The property is fully let for the current academic year at £42,000 p/a and is already pre-let for the next academic year at £43,500.

Directions
Enter Lincoln on Carholme Road and proceed until you reach Gresham Street. Proceed to the end of the road and the property can be found on your left next to the junction with Hampton Street.

Accommodation

Entrance Hallway
With side entrance door, radiator and stairs to first floor.

Open Plan Living Kitchen 5.43m x 4.42m
With fitted wall and base units with stainless steel single drainer sink, central island unit with breakfast bar, two fridge freezers, built-in oven, hob and cooker hood, integral dishwasher, washing machine, tumble dryer, radiator and cupboard housing hot water cylinder.

Bedroom One 4.87m x 4.21m
Bay window to side elevation, radiator.

En-Suite
Three piece suite comprising corner shower cubicle with mains fed shower, wash hand basin in vanity unit, low level WC, heated towel rail and extractor.

Bedroom Two 5.23m max x 4.57m max
Bay window to front elevations, radiator.

En-Suite
Three piece suite comprising corner shower cubicle with mains fed shower, wash hand basin in vanity unit, low level WC, heated towel rail and extractor.

First Floor Landing

Bedroom Three 4.59m max x 4.21m max
With radiator.

En-Suite
Three piece suite comprising corner shower cubicle with mains fed shower, wash hand basin in vanity unit, low level WC,, heated towel rail and extractor.

Bedroom Four 3.83m max x 3.65m max
With radiator.

En-Suite
Three piece suite comprising corner shower cubicle with mains fed shower, wash hand basin in vanity unit, low level WC, heated towel rail and extractor.

Bedroom Five 3.48m max x 3.02m max
With radiator.

En-Suite
Three piece suite comprising corner shower cubicle with mains fed shower, wash hand basin in vanity unit, low level WC, heated towel rail and extractor.

Bedroom Six 4.57m max x 3.25m max
With radiator.

En-Suite
Three piece suite comprising corner shower cubicle with mains fed shower, wash hand basin in vanity unit, low level WC,, heated towel rail and extractor.

Outside
The property benefits from low maintenance gravelled and patio garden areas.

Services
We understand the property offers mains water, electric, gas and main sewer connections.

Council Tax
Band C

Tenure & Possession
Freehold with vacant possession upon completion.

Viewing
Strictly by appointment with the Auctioneers. Tel:

Completion Date
This lot will be sold with a 10% deposit and up to 8 weeks for completion.
Auction Bidder Identity Check
Prior to bidding on any auction lots we are required to verify the identity of the bidder to comply with The Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulation 2017. We also need to complete the remote bidding registration process as this will be a live stream event only. Please contact us on or

Recently fully refurbished

Buyers Fee £900 + VAT

Agent Details

The County Property Auction, Lincoln

01522 303948

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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