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4 bedroom terraced house for sale

Ely Street, Lincoln, LN1
Study
Terraced house
4 beds
1 bath
1130
EPC rating: D
Added > 14 days

Key information

TenureFreehold
Council taxBand A
BroadbandUltra-fast 1000Mbps *
Mobile signal
EEO2ThreeVodafone

Features and description

  • Ideal Turnkey Investment
  • Spacious 4-Bedroom HMO
  • Projected Annual Income of £24,960
  • Potential 12.48% Gross Yield
  • Popular West End Location
  • Three Storeys of Well-Presented Accommodation
  • Modern Kitchen & Bathroom
  • Low-Maintenance Courtyard Garden
  • EPC: D

Lovelle are delighted to offer this well-presented four-bedroom HMO property, ideally situated in the highly sought-after West End area of Lincoln. Spanning three floors and offering spacious accommodation throughout, this property represents an outstanding investment opportunity for those looking to acquire a ready-made, income-generating asset in one of the city’s most popular rental locations.

The property is currently fully let and is advertised for the next academic year, when it is expected to generate a gross annual income of £24,960, equating to a potential 12.48% gross yield.

To the ground floor, there is a welcoming living room providing a comfortable communal space, a modern fitted kitchen with ample storage and worktop space, a three-piece bathroom suite with both a bath and separate shower, and a double bedroom.

The first floor offers two generously sized double bedrooms, while the second floor hosts a further large double bedroom, completing this well-balanced layout.

Outside, there is a low-maintenance rear courtyard with decking and a covered seating area, perfect for outdoor relaxation.

Situated within easy reach of Lincoln University, local amenities, and transport links, the property is perfectly placed for students and young professionals alike.

EPC rating: D. Tenure: Freehold,

Rooms

Living Room 3.74m x 3.31m (12'3" x 10'10")
Bright and welcoming communal area with space for seating and dining.

Kitchen 3.86m x 2.03m (12'8" x 6'8")
Modern galley-style kitchen fitted with base and wall units, worktops, integrated oven and hob, and access to the rear courtyard.

Bathroom 2.7m x 2.04m (8'10" x 6'8")
Contemporary three-piece suite including bath, separate shower cubicle, wash basin, and WC.

Bedroom One 3.7m x 3.35m (12'2" x 11'0")
Spacious double room located at the front of the property.

Bedroom Two 3.72m x 3.88m (12'2" x 12'9")
Large double bedroom with natural light and space for storage and study area.

Bedroom Three 3.76m x 3.26m (12'4" x 10'8")
Another good-sized double bedroom

Bedroom Four 5.72m x 3.93m (18'9" x 12'11")
Generous double bedroom with ample floor space

Outside Not provided
Low-maintenance outdoor space with decking and a covered seating area, ideal for socialising or relaxing.

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About this agent

Lovelle Estate Agency - Lincoln
Lovelle Estate Agency - Lincoln
27-28 Silver Street Lincoln LN2 1EW
01522 397385
Full profileProperty listings
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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