Initial price	£227,000
05/05/24	£210,000
Price Change	-7.49%

This property is a 4-bedroom HMO located in Lincoln, with a gross initial yield of 6.31%. The property has been newly refurbished and comprises a ground floor kitchen, living/dining room, and bathroom, with three bedrooms at the first floor. The property is currently let to individuals for a term of 51 weeks at a rent of £13,260 per annum, with a deposit of £600 held. The property is located within a residential area, just a 15-minute walk from Lincoln's City Centre, 25 minutes from the University of Lincoln, and a 10-minute walk from Bishop Grosseteste University. The city's train station is also located nearby, offering regular connections throughout the country.