Nelthorpe Street, Lincoln

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 Three lettable Rooms, offering a strong income producing investment located just off Lincoln High Street. The accommodation comprises of an Entrance Hallway, Bedroom One, Lounge, Kitchen, Rear Lobby and downstairs WC. To the First Floor there are Two further Double Bedrooms and a Bathroom.
 

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: £18,105 per annum (11.67% yield based on asking price) - 2026/27: £20,910 per annum (13.49% yield based on asking price) 

ENTRANCE HALL Providing access to the ground floor bedroom, lounge and stairs to the first floor. 

BEDROOM 2 11' x 10' 6" (3.35m x 3.2m) Front facing ground floor double bedroom with window and radiator. 

LOUNGE 11' 11" x 11' 5" (3.63m x 3.48m) Front facing reception room with radiator, providing access to the rear lobby, kitchen and entrance hallway. 

KITCHEN 11' 5 max" x 8' 11" (3.48m x 2.72m) Modern fitted kitchen with a range of wall and base units, electric hob with extractor over, electric oven, sink with mixer tap, window and access to the rear yard. 

REAR LOBBY With access to the WC and rear yard, understairs storage, window to the rear and radiator. 

WC Fitted with WC and wash hand basin. 

FIRST FLOOR LANDING Providing access to two double bedrooms and the bathroom. 

BEDROOM 1 11' 11" x 11' 6" (3.63m x 3.51m) Front facing double bedroom with window and radiator. 

BEDROOM 3 9' 11" x 8' 5 max" (3.02m x 2.57m) Front facing double bedroom with window and radiator. 

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

OUTSIDE Low maintenance rear yard mainly laid to patio slabs, accessed via the kitchen and rear lobby. To the front there is on street resident permit parking available in the area.