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John Street, Lincoln

PROPERTY TYPE

Terraced

BEDROOMS

2

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

  • HMO investment opportunity
  • Let until end of academic year 2026/27
  • Fully managed tenancy in place
  • Two lettable rooms generating steady income
  • Gross yield up to 11.42% (based on asking price)
  • Close to Lincoln city centre and local amenities
  • Low maintenance rear yard
  • On street permit parking available
  • Ideal for investors seeking immediate return
  • Council Tax Band - A (Lincoln City Council)

Description

Fully let student investment with income secured until the end of the 2026/27 academic year. A two bedroom mid terraced HMO property arranged to provide two lettable rooms, offering a strong income-producing investment and located in a popular location off Monks Road. The accommodation comprises of a lounge, dining room, kitchen, bathroom and two double bedrooms.
 

LOCATION The historic Cathedral and University City of Lincoln has the usual High Street shops and department stores, plus banking and allied facilities, multiplex cinema, Marina and Art Gallery. The famous Steep Hill leads to the Uphill area of Lincoln and the Bailgate, with its quaint boutiques and bistros, the Castle, Cathedral and renowned Lincoln Bishop University. 

HMO INVESTMENT Fully let HMO investment
Tenancy secured until end of academic year 2026/27
Fully managed Income:
- 2025/26: £13,260 per annum (10.61% yield based on asking price)
- 2026/27: £14,280 per annum (11.42% yield based on asking price) 

LOUNGE 11' 10" x 11' 7" (3.61m x 3.53m) Front facing reception room accessed via UPVC door with window and radiator. 

HALLWAY With access to both reception rooms and stairs rising to the first floor landing.  

DINING ROOM 15' 2" x 11' 7" (4.62m x 3.53m) With window, radiator and understairs storage cupboard. 

KITCHEN 17' 6" x 5' 10" (5.33m x 1.78m) Fitted with a range of wall and base units, gas hob, electric oven, stainless steel sink with mixer tap, tiled flooring and wall mounted combi boiler.
 

REAR LOBBY With tiled flooring and access to the rear yard. 

BATHROOM Fitted with a three piece suite comprising bath with mains shower over, WC and wash hand basin, towel radiator, tiled flooring, extractor and frosted window.  

FIRST FLOOR LANDING Providing access to two double bedrooms.
 

BEDROOM 1 14' 10" x 11' 7" (4.52m x 3.53m) With window, radiator and overstairs storage cupboard. 

BEDROOM 2 12' 1" x 11' 7" (3.68m x 3.53m) With window and radiator 

OUTSIDE Low maintenance rear yard and on street permit parking is available to the front. 

Brochures

Key Facts 2 PAGE BROCHURE
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.
Yes
GARDENA property has access to an outdoor space, which could be private or shared.
Yes
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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John Street, Lincoln

Approximate location

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Affordability

Monthly repayments£629
Property: £ 125,000
Deposit: £ 12,500
Interest rate: 5.35%
Term: 30 years
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These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
Renovation potential
Recently sold & under offer
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About Mundys, Lincoln

29 Silver Street, Lincoln, LN2 1AS
Industry affiliations:

Mundys is a trusted, independently owned estate agency providing expert residential and commercial sales and lettings, professional surveys, and mortgage and protection advice across Lincolnshire and Nottinghamshire.

With offices in Lincoln, Newark, Southwell and Market Rasen, our experienced team combines in-depth local knowledge with a personalised approach to deliver outstanding service and results.

Whether you're buying, selling, renting or letting, we are committed to making your property journey as straightforward and stress-free as possible. From your initial enquiry through to completion, we provide expert guidance every step of the way, ensuring you feel informed and supported throughout the process.

At Mundys, we understand that every property and every client is unique. That's why we tailor our service to your individual needs, working tirelessly to maximise the value of your property and achieve the very best outcome. Whatever your property ambitions, you can rely on our expertise, professionalism and dedication to help you realise them.

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Disclaimer - Property reference 102125036619. 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 Mundys, 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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