Property photos
£185,000
4 bed terraced house for sale
Shakespeare Street, Lincoln LN5Key Information
Local area information
Property location
Nearby amenities
- Springwell Lincoln City Academy 0.1 miles
- The Lincoln St Peter at Gowts Church of England Primary School 0.2 miles
- Lincoln 0.6 miles
- Hykeham 2.7 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guide for Lincoln to find out more about the local area.
Features and description
- Freehold
- 4-bedroom HMO property
- Open-plan communal area
- Four generously sized bedrooms
- Potential to expand
- Central location, attractive rental yield
- Tenure : Freehold
- EPC Rating: D
- Council Tax Band : A
Boasting an open-plan living kitchen communal area, the property offers a modern and inclusive space for tenants to enjoy. With four generously sized bedrooms, comfort and privacy are seamlessly combined.
A notable highlight is the possibility to expand into the loft, potentially adding a fifth bedroom to further enhance rental income. While planning permission would be required, the avenue for growth is enticing.
Currently achieving a rental yield of approximately 8.8%, this property showcases its potential as a rewarding investment. Its strategic central location enhances its appeal, ensuring a steady flow of potential tenants.
If you're looking for a well-maintained HMO property with existing income and the chance to tap into its development possibilities, Shakespeare Street presents a compelling proposition. For more information or to explore this investment opportunity, please reach out.
EPC rating: D.
Agent Notes
These particulars are for guidance only. Lovelle Estate Agency, their
clients and any joint agents give notice that:-
They have no authority to give or make representation/warranties
regarding the property, or comment on the services, tenure and
right of way of any property.
These particulars do not form part of any contract and must not be
relied upon as statements or representation of fact.
All measurements/areas are approximate. The particulars including
photographs and plans are for guidance only and are not necessarily
comprehensive.
There are some planning applications within 0.5 miles of this home
Assess how they might enhance or detract from this home’s value.
Floor plans and tours
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Listed by
Lovelle Estate Agency
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