No bars, no signal predictedOne bar, reliable signal unlikelyTwo bars, may experience problems with connectivityThree bars, likely to have good coverage and receive a data rate to support basic web servicesFull bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
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£185,000
Added > 14 days

4 bedroom terraced house for sale

Shakespeare Street, Lincoln, LN5
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Terraced house
4 bed
2 bath
EPC rating: D*
1,076 sq ft / 100 sq m

Key information

Tenure: Freehold
Council tax: Band A
Broadband: Ultra-fast 1000Mbps *
Mobile signal: 
EE O2 Three Vodafone
Water: Ask agent
Heating: Gas central
Electricity: Ask agent
Sewerage: Ask agent
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Property description & features

  • Tenure: 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

Introducing an exceptional investment opportunity on Shakespeare Street – a well maintained 4-bedroom HMO property with remarkable potential for growth and development. Currently leased for the academic year, this central location promises not only immediate returns but also a chance to maximize its offerings.

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. Tenure: Freehold,

Rooms

Agent Notes Not provided
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.

Property information from this agent

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    Lovelle are multi award-winning agents, providing first class residential sales and lettings services throughout Lincolnshire, Hull & East Riding. Established in 2006, we have grown to be one of the region’s leading agents. Our professional and dedicated teams are always here to help, and customer service is at the heart of what we do.

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    *DISCLAIMER

    Property reference P718. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Lovelle Estate Agency - Lincoln.

    OnTheMarket may have applied supplementary data to this property listing, including:

    Broadband availability and predicted speed: obtained from Ofcom on December 21, 2021

    Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:

    Basic: Up to 30 Mbit/s
    Super-fast: Between 30 Mbit/s and 300 Mbit/s
    Ultra-fast: Over 300 Mbit/s

    The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2

    Mobile phone signal availability and predicted strength: obtained from Ofcom on December 21, 2021

    Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:

    Clear: No bars, no signal predicted
    Red: One bar, reliable signal unlikely
    Amber: Two bars, may experience problems with connectivity
    Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
    Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services

    Energy Performance data and Internal floor area: obtained on January 30, 2018 from The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

    Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.

    *Call rate information

    Calls to 0843 numbers will be charged at 4p/min from BT landlines. Calls from other networks may vary, and calls from mobiles and outside the UK will be higher. Calls to local numbers beginning with 01, 02 and 03 numbers will incur standard geographic charges from landlines and mobiles.