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Severn Street, Lincolnshire LN1 4 bed terraced house for sale
Severn Street, Lincoln, Lincolnshire LN1
£180,000
Severn Street, Lincoln, Lincolnshire LN1
£180,000
Price History
Initial price | £200,000 |
09/04/25 | £180,000 |
Price Change | -10.00% |
Description
This four-bedroom HMO property is a prime investment opportunity, having consistently been rented out as a HMO by the current vendors. With a gross rental yield of over 10% and a weekly return of £21,320, it offers a lucrative income stream. The property, located close to Lincoln University, briefly comprises a hall, four bedrooms, living room, kitchen, and shower room, with a low-maintenance courtyard to the rear. The freehold property is assessed as Band A by the City of Lincoln Council and has an EPC Grade D. While the property's services and appliances have not been tested, it presents a solid investment opportunity for those looking to add to their portfolio.