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Dixon Street, Lincoln, LN5

PROPERTY TYPE

Terraced

BEDROOMS

4

BATHROOMS

1

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

  • 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

Description

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

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.

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: A
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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GARDENA property has access to an outdoor space, which could be private or shared.
Private garden
ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent

Dixon Street, Lincoln, LN5

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About Walters, Lincoln

Cromwell House Crusader Road, Lincoln, LN6 7YT

For over two centuries, Walters has been synonymous with exceptional service and unwavering commitment to our clients in Lincolnshire. Since opening our doors in 1790, we've woven a rich tapestry of experience and expertise, establishing ourselves as a trusted name in the realm of estate agency.

Our legacy is built upon a foundation of timeless values – integrity, transparency, and a personalised approach that places your needs at the forefront. We understand that buying or selling a property is more than just a transaction; it's a significant life event, and we're here to guide you every step of the way.

While our roots run deep in tradition, we're equally propelled by a spirit of innovation. We embrace the latest technologies and marketing strategies, ensuring your property receives maximum exposure and attracts the right buyers. Our team of dedicated professionals combines local knowledge with industry expertise, providing you with insights and advice that empower you to make informed decisions.

At Walters, we believe that exceptional service extends beyond the closing of a deal. We foster long-lasting relationships with our clients, becoming their trusted advisors for all their property needs. Whether you're a first-time buyer, a seasoned investor, or looking to relocate, we're here to provide you with a seamless and stress-free experience.

We invite you to discover the difference that comes with choosing an estate agency that seamlessly blends tradition and innovation. Experience the Walters legacy – a commitment to excellence, a passion for Lincolnshire, and a dedication to helping you achieve your property goals. Welcome to Walters, where your journey begins.

Your mortgage

Per year
Lenders usually expect a 10% deposit
%
Choose between 2 and 40 years
Years
Current average is 4.5%
%
Monthly repayments
£821
We think you can borrow up to
Add your household income above
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Disclaimer - Property reference 538af8fa-3552-4aa8-8cd7-7b0566902f5b. 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 Walters, 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.

*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.
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