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4 bedroom terraced house for sale
Sibthorp Street, Lincoln, Lincolnshire LN5
£190,000
Sibthorp Street, Lincoln, Lincolnshire LN5
£190,000
Price History
Initial price | £200,000 |
11/04/25 | £190,000 |
Price Change | -5.00% |
Description
This HMO property, located on Sibthorp Street, is in excellent condition and has been successfully rented out to students for many years. With a guide price of £200,000-£210,000, it offers a 10.32% yield. The property has four double bedrooms, an entrance hall, lounge diner with a feature fireplace, and a modern kitchen. The current tenants, who include all bills in the rent, will be in place until July 2025, providing a stable income stream. The property's proximity to Lincoln University and the city centre makes it an attractive option for students, ensuring a consistent demand for rental. The property also features a yard to the rear, providing additional outdoor space.