Severn Street, Lincolnshire LN1 4 bed terraced house for sale

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Severn Street, Lincolnshire LN1 4 bed terraced house for sale

Severn Street, Lincolnshire LN1
£160,000

Price History

Initial price £200,000
10/04/25 £180,000
02/07/25 £170,000
05/09/25 £160,000
Price Change -20.00%

Description

This four-bedroom HMO property is a lucrative investment opportunity, offering a gross rental yield of over 10% and a return of £21,320 over 52 weeks. Located close to Lincoln University, the property has always been let as a HMO by the current vendors and benefits from a low-maintenance courtyard to the rear. The property comprises a hall, four bedrooms, a living room, a kitchen, and a shower room. With a freehold tenure and a band A/EPC grade D, this property is an attractive option for investors. However, it's important to note that the services, systems, and appliances have not been tested and potential purchasers and tenants should rely on their own inspections and due diligence.