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May Crescent, Lincoln

PROPERTY TYPE

Terraced

BEDROOMS

5

BATHROOMS

2

SIZE

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TENURE
Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Freehold

Key features

  • House Of Multiple Occupancy
  • Popular Student Location
  • 5 Bedrooms, 2 Bathrooms
  • 13'8" Lounge & 13'11" Kitchen
  • Let Until Summer 2024
  • Current Rent £19,200 Per Annum
  • Potential For Increased Revenue
  • Call Today To View

Description

5 BED HMO! Located within the most popular student area of Lincoln is this very well presented House of Multiple Occupancy on May Crescent. Spacious accommodation briefly comprises entrance hallway, 13'8 lounge, 13'11 kitchen, 5 well proportioned bedrooms (two to the ground floor and three to the first floor) and two first floor bathrooms. The property is currently let until summer 2024 and generates an income of £19,200 which represents a gross return of 8.73%. We are advised by the sellers that the current income has been offered as a favourable rental amount for quality returning tenants and therefore revenue is anticipated to be considerably higher in the future. Call today for more info! Council tax band: B. Freehold.

Entrance Hallway

Having uPVC front entrance door, laminate wood effect flooring, radiator and stairs rising to first floor.

Lounge

13' 8'' x 7' 6'' (4.16m x 2.28m)

Having laminate wood effect flooring, radiator, understairs storage cupboard and uPVC door leading to garden.

Kitchen

13' 11'' x 8' 6'' (4.24m x 2.59m)

Having a range of matching wall and base units, stainless steel sink unit with mixer taps over, space for a range of appliances and laminate wood effect flooring.

Bedroom 1

12' 9'' into bay x 11' 9'' max (3.88m x 3.58m)

Having walk-in bay window to front aspect, radiator and ornate coving.

Bedroom 2

12' 10'' x 8' 1'' (3.91m x 2.46m)

Having radiator and coved ceiling.

First Floor Landing

Bedroom 3

11' 8'' max x 10' 11'' (3.55m x 3.32m)

Having radiator.

Bedroom 4

13' 0'' x 8' 8'' (3.96m x 2.64m)

Having radiator.

Bedroom 5

10' 11'' x 7' 4'' (3.32m x 2.23m)

Having radiator.

Bathroom

Having 3 piece suite comprising panelled bath with electric shower appliance and glass shower screen over, pedestal wash hand basin, low level WC, wood effect vinyl flooring and extractor.

Shower Room

Not inspected, details to follow.

Outside Rear

To the rear of the property there is a garden area comprising path patio and concrete courtyard, outside lighting and cold water tap.

Brochures

Full Details

Council TaxA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council tax in our glossary page.

Band: B

May Crescent, Lincoln

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Lincoln Central Station0.8 miles
  • Hykeham Station3.5 miles
  • Saxilby Station5.2 miles
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About the agent

Starkey & Brown, Lincoln

34 Silver Street, Lincoln, LN2 1EH

Starkey & Brown, Lincoln

Starkey&Brown is your local dedicated estate agents, committed to helping you sell your home with ease.

With offices in Lincoln and Scunthorpe, our consultants really do know what it takes when it comes to selling or buying property, whatever the weather.

Since our official opening of the Lincoln office in January 2006 and the Scunthorpe office in January 2013 by David Starkey and Michael Brown, Starkey&Brown has become one of Lincolnshire's fastest growing estate agents, with an

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Industry affiliations

National Association of Estate AgentsOmbudsman for REsale Estate Agents (no OFT logo)Association of Residential Letting Agents

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Disclaimer - Property reference 12010934. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Starkey & Brown, Lincoln. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of 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.

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