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Ripon Street, Lincoln, Lincolnshire

PROPERTY TYPE

Terraced

BEDROOMS

5

BATHROOMS

2

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

Description

Ripon Street, Lincoln – HMO Investment Opportunity

5-Bedroom HMO | Social Housing Potential | Prime Lincoln Location

An excellent opportunity to acquire a substantial five-bedroom property in a well-established rental location close to Lincoln city centre. Offered with vacant possession, this versatile property presents an ideal purchase for investors, supported living providers, social housing operators, or landlords seeking a ready-made HMO investment.

The property is currently configured as a spacious five-bedroom HMO. The accommodation provides generous bedroom space, communal living facilities, a fitted kitchen and bathroom accommodation suitable for shared occupancy. The layout offers flexibility for a range of investment strategies, including continued HMO use, professional lets or supported accommodation.

Situated on Ripon Street, the property benefits from a highly convenient location within walking distance of Lincoln city centre, the University of Lincoln, Lincoln College, local shops, restaurants and transport links. The area continues to experience strong demand from students, young professionals and supported housing providers alike.

Whether you're looking to expand an existing portfolio, enter the HMO market, or secure a property for supported accommodation use, this flexible investment opportunity offers significant potential in one of Lincoln's most established rental locations.

A buyer's fee of 2.4% including VAT applies upon a successful completion.

Money Laundering - To comply with The Money Laundering, Terrorist Financing and Transfer of Funds Regulations 2017 any successful purchaser/purchasers will be asked to provide proof of identity and we will therefore need to take copies of a passport/photo driving licence and a recent utility bill (not more than three months old). We will need this information before Solicitors are instructed.
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.
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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.
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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

Ripon Street, Lincoln, Lincolnshire

Approximate location

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Affordability

Monthly repayments£1,003
Property: £ 200,000
Deposit: £ 20,000
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.
Extension potential
Recently sold & under offer
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About Yield, Loughborough

1 Albert Street, Loughborough, LE11 2DW
Industry affiliations:

YieldMe was founded with a simple goal – to make student HMO investments easy, profitable, and transparent for all parties. We are property growth partners who have built an end-to-end investment service. From identifying high-potential student houses to leveraging our local expertise - understanding both the streets and the spreadsheets - our comprehensive knowledge sets us apart.

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Disclaimer - Property reference 23rip. 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 Yield, Loughborough. 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.
**This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.