Listed for £264,500
March 23, 2026
Sold for £151,000
2011
Sold for £96,000
2001
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To the front of the property sits the communal lounge (3.87m x 3.72m), a comfortable shared living space featuring a bay window to the front aspect which allows plenty of natural light into the room. Moving towards the rear of the property is the spacious kitchen/dining room (7.06m x 3.03m). This room has been designed to accommodate multiple occupants and is fitted with a range of wall and base units with work surfaces over, incorporating an electric oven and hob with extractor above, stainless steel sink with mixer tap and tiled splashbacks. There is space for several appliances including washing machine, tumble dryer, multiple fridges and freezers, while two windows to the side ensure the room feels bright and open. A rear lobby provides direct access out to the garden.The ground floor also benefits from a shower room, fitted with shower cubicle, wash basin and radiator, along with a separate WC providing additional convenience for occupants. Completing the ground floor accommodation is Bedroom One (4.04m x 3.30m), positioned to the rear of the property.
The staircase rises to the first floor landing, which provides access to three further bedrooms, an additional shower room and stairs leading to the second floor. Bedroom Two (4.82m x 3.08m) is a spacious double bedroom located to the rear and benefiting from fitted wardrobe storage. Bedroom Three (4.00m x 3.22m) is another good-sized double room overlooking the rear garden. Bedroom Four (3.69m x 3.22m) sits to the front aspect and offers another comfortable double bedroom. There is also a study (2.00m x 1.90m) which offers flexible use as an additional workspace or storage room. The first floor shower room is fitted with a shower cubicle, wash basin and WC with tiled splashbacks and radiator heating.
The staircase continues to the second floor landing, which leads to Bedroom Five (5.13m x 4.80m max). This spacious top-floor bedroom benefits from two Velux roof windows which flood the room with natural light, creating a bright and comfortable bedroom space.
To the front of the property there is a paved forecourt garden set behind a low-level wall. To the rear is an enclosed low-maintenance garden, providing a practical outdoor space for tenants.
Life on Richmond Road
Richmond Road is ideally located for access to the University of Lincoln, making it one of the most desirable areas for student accommodation. The nearby Brayford Waterfront offers a vibrant selection of restaurants, cafés and leisure facilities, while Lincoln’s historic Cathedral Quarter and Bailgate area provide a unique blend of boutique shops, cultural attractions and historic landmarks. Excellent transport links and close proximity to the city centre ensure continued strong demand from students and young professionals.
Material Information (Provided by the Seller) Part A – Key Facts Tenure: Freehold Property Type: Mid Terrace HMO Bedrooms: Five Bathrooms: Two Shower Rooms Council Tax Band: C – Lincoln City Council EPC Rating: C
Part B – Utilities & Services Electricity: Mains Water: Mains Drainage: Mains Heating: Gas Central Heating Glazing: Double Glazed
Part C – Other Relevant Factors Investment Status: Tenanted Until July 2027 Annual Income: Approx. £31,750 (including bills) Estimated Gross Yield: 12%
Disclaimer These particulars are intended to give a fair description of the property but their accuracy cannot be guaranteed. They do not constitute part of any contract and prospective purchasers must rely upon their own inspection and enquiries. None of the appliances or services mentioned have been tested by the agent.