Shakespeare Street, Lincoln, LN5
- PROPERTY TYPE
Terraced
- BEDROOMS
4
- BATHROOMS
2
- SIZE
Ask agent
- TENUREDescribes 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
- 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
Description
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,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.
Brochures
BrochureCouncil 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: A
Shakespeare Street, Lincoln, LN5
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Lincoln Central Station0.6 miles
- Hykeham Station2.8 miles
About the agent
As your local Estate Agent in Lincoln, Lovelle Estate Agency has sought to provide clients with comprehensive property advice. This has been achieved through a broad range of expertise with the one organisation covering the region. The company's philosophy is to retain private ownership and thus maintain independence from financial institutions and other professional groups, in order to give totally unbiased advice, free of any possible conflict of interest.
Members of the property Ombu
Notes
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