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Kirkby Street, Lincoln

PROPERTY TYPE

Terraced

BEDROOMS

3

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

  • Investment opportunity
  • Let until end of academic year 2026/27
  • Fully managed tenancy in place
  • Two lettable Rooms generating income
  • Gross yield up to 11.29% (based on asking price)
  • Located on Kirkby Street in the popular Sincil Bank area
  • Close to Lincoln City Centre and university
  • Low maintenance rear yard with outbuilding
  • EPC Energy Rating - D
  • 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 traditional Three Bedroom bay fronted Terraced HMO Property arranged to provide Two lettable Rooms, offering a ready made investment in the popular Sincil Bank area. The accommodation comprises of an Entrance Hallway, Lounge, Dining Room, Kitchen, Rear Porch and Bathroom. To the First Floor there are Three 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. 

INVESTMENT INFORMATION Fully let student investment
Tenancy secured until end of academic year 2026/27
Fully managed income:
2026/27: £15,810 per annum (11.29% yield based on asking price) 

ENTRANCE HALLWAY Accessed via a shared passageway, with access to both reception rooms and stairs to the first floor. 

LOUNGE 11' 4" x 11' 6" (3.46m x 3.50m) Front facing bay fronted reception room with window and radiator. 

DINING ROOM 12' 1" x 11' 6" (3.69m x 3.50m) A second reception room with window overlooking the rear yard, radiator and understairs storage cupboard. 

KITCHEN 10' 11" x 6' 5" (3.32m x 1.95m) Fitted with a range of wall and base units, sink with mixer tap, electric hob with extractor over, eye level electric oven, space for fridge and window to the side aspect. 

REAR PORCH Providing access to the rear yard and bathroom, with tiled flooring. 

BATHROOM Fitted with a three piece suite comprising of a bath with shower over, WC and wash hand basin, with tiled splashbacks and frosted window. 

FIRST FLOOR LANDING Providing access to all three bedrooms. 

BEDROOM ONE 12' 4" x 11' 6" (3.75m x 3.50m) Rear facing double bedroom with UPVC window, radiator and over stairs storage cupboard. 

BEDROOM TWO 11' 8" x 7' 3" (3.56m x 2.21m) Front facing double bedroom with UPVC window and radiator. 

BEDROOM THREE/STUDY 8' 7" x 7' 8" (2.60m x 2.34m) A flexible room currently used as a study, with window and radiator. 

OUTSIDE Low-maintenance rear yard mainly laid to patio slabs, with a useful outbuilding providing additional utility space with plumbing for a washing machine. To the front, the property is set behind a brick built wall with on street permit parking available in the area. 

Brochures

KEY FACTS FOR BUY...4 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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Kirkby Street, Lincoln

Approximate location

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Affordability

Monthly repayments£703
Property: £ 140,000
Deposit: £ 14,000
Interest rate: 5.33%
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 102125036615. 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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