5 bedroom end of terrace house for sale

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5 bedroom end of terrace house for sale

Bargate, Lincoln
£185,000

Price History

Initial price £200,000
05/03/24 £185,000
Price Change -7.50%

Description

This is a two-story, five or six-bedroom HMO investment property located off the high street in a well-established residential area with easy access to local amenities, the city center, and the university. The property features modern kitchen and bathroom areas, gas central heating, and double glazing. The current rental income is £17,100 per year, with potential to increase to £18,480 per year through the use of unused bedrooms. The property also includes an enclosed rear yard and outbuilding providing useful storage. The location is conveniently situated for transport links and local amenities, making it an excellent opportunity for both established and first-time investors.