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Offers over
£180,000

4 bedroom terraced house for sale

Dixon Street, Lincoln, LN5
Chain-free
Added yesterday
Terraced house
4 beds
1 bath
1087
EPC rating: E
Added yesterday

Key information

TenureFreehold
Council taxBand A
BroadbandUltra-fast 1800Mbps *
Mobile signal
EEO2ThreeVodafone

Features and description

  • Four-bedroom licensed HMO: Ideal investment opportunity on Dixon Street, Lincoln (LN5)
  • Prime student location: Proven track record as a student let, with strong demand potential
  • Sold with vacant possession and no onward chain: Flexible purchase for investors
  • Active HMO licence in place: No renewal required at this stage (per seller information)
  • Strong income potential: £102 per room per week (£408 per week / £1,632 per month)
  • Impressive projected annual rent: £20,808 per annum based on 51-week tenancies
  • Attractive yield guide: Approx. 10.67% gross / 8.36% net at £180,000
  • Communal lounge and kitchen: Practical shared layout for tenants
  • Low-maintenance rear garden: Patio doors from the lounge
  • One shower room: Servicing all four bedrooms

A superb investment opportunity in the heart of Lincoln (LN5), this four-bedroom licensed HMO on Dixon Street is ideally suited to investors looking for a high-yielding, ready-to-go rental property in a vibrant and consistently popular location for students and young professionals.

The property has a proven history as a student let and is currently operated as a student property. It is being sold with vacant possession and no onward chain, giving buyers flexibility—whether you’d like to refurbish, reconfigure, or re-let immediately. For investors seeking instant income, we’re also happy to discuss how we can help get tenants lined up while the purchase is progressing, subject to your preferred strategy and timelines. The property also benefits from an active HMO licence (which, per seller information, does not require renewal at this stage).

Internally, the accommodation includes four bedrooms, a communal lounge, and a communal kitchen. The lounge features patio doors opening onto a low-maintenance rear garden, and the bedrooms are serviced by a shower room—an ideal, straightforward layout for shared occupancy.

Income & Yield (guide figures provided):

  • Rent: £102 per room per week

  • 4 rooms: £408 per week / £1,632 per calendar month

  • 51-week tenancy projection: £20,808 per annum

  • At £180,000: approx. 10.67% gross yield / 8.36% net yield (Please note the property is advertised for Offers Over £180,000)

Approximate bills (as provided):

  • Council Tax: £31

  • Water: £50

  • Energy: £170

  • TV licence: £15

  • Broadband: £33

  • Insurance: £37

If you’re looking for a strong-yielding HMO in a proven rental location, this is an opportunity not to miss. Contact Walters of Lincolnshire today to arrange your viewing and discuss the investment potential in more detail.


EPC Rating: D

Rooms

Disclaimer
Our Disclaimers: Please Note: At the time of writing, all information provided in this listing is believed to be accurate and correct. While we strive to maintain the highest standards of accuracy, details may be subject to change. Important Information Regarding Identity Verification: In compliance with legal obligations, all prospective property buyers will be required to undergo thorough identity verification checks. This process must be completed to proceed with any purchase.

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Area statistics

Crime score
High crime
10/10
Home prices (average)
4 bedroom terraced houses
£360,716

About this agent

Walters Property - Lincoln
Walters Property - Lincoln
Cromwell House, Crusader Rd Lincoln LN6 7YT
01522 397485
Full profileProperty listings
Welcome to Walters, where the legacy of over 220 years of excellence meets the contemporary dynamism of a forward-thinking estate agency. Our enduring commitment to traditional values and service is the cornerstone of our business, providing a foundation of trust and reliability that has withstood the test of time. At Walters, we understand the importance of embracing modern trends while preserving the essence of our longstanding heritage. With Walters dating back to the late 18th century, our expertise has evolved to meet the demands of a changing property landscape. We take pride in offering a truly bespoke service, tailored to the unique needs of each client. Whether you're buying or selling, our experienced team is dedicated to understanding your goals and guiding you through every step of the process. In a world where first impressions matter, Walters stands out for its professional marketing approach. We leverage cutting-edge strategies to showcase your property, ensuring it captivates potential buyers. Our commitment to innovation extends to our use of technology for efficient transactions and seamless communication. Constant communication is at the heart of our service philosophy. We believe in keeping you informed throughout the entire journey, providing updates, insights, and guidance to make informed decisions. Our personalised approach fosters strong, long-lasting relationships with our clients. As we celebrate our remarkable history, we invite you to experience the blend of tradition and modernity that defines Walters. Join us on a journey where the wisdom of the past meets the possibilities of the future, creating a real estate experience that is truly exceptional.
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