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Get brand editions for Kinetic Estate Agents Limited, Lincoln

Vernon Street, Lincoln, Lincolnshire, LN5 7QU

PROPERTY TYPE

Terraced

BEDROOMS

5

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.

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Floorplan 1
1

Key features

  • Five Bedroom HMO Investment
  • Producing £2,117pcm
  • £25,404 Annual Rental Income
  • Strong Rental Yield
  • Generous Room Sizes
  • Accommodation Over Three Floors
  • Loft Bedroom Measuring 15'6" x 13'9"
  • Bathroom Plus Separate WC
  • Kitchen Access To Garden
  • Established Investment Opportunity

Description

Kinetic Estate Agents presents a superb opportunity for investors seeking an established five bedroom HMO with strong rental income, generous room sizes and a practical layout arranged over three floors. Currently producing £2,117pcm, equating to £25,404pa, this is a ready-made investment with clear appeal for landlords looking for immediate yield.

What Kinetic Estate Agents Love About This Property

“Each bedroom is a genuinely usable size, which is exactly what you want to see in a strong HMO investment.” — Rob Webb, Director

“The rental figures are excellent, with a combined income of over £25,000 per year.” — Matt Wilson, Business Development Manager

“The loft bedroom adds real flexibility and gives the property a much larger feel than expected.” — Jo Foster, Sales Manager

Step Inside

The property opens into a hallway with access through to the ground floor accommodation. Bedroom One is positioned to the front of the property and enjoys a bay-fronted outlook, measuring 4.02m x 3.65m (13'2" x 12'0"), making it a spacious and appealing double room.

To the rear sits the living room, measuring 3.65m x 3.46m (12'0" x 11'4"), with access onward to the kitchen. The kitchen measures 4.42m x 1.94m (14'6" x 6'4") and leads through to the bathroom, measuring 1.84m x 1.80m (6'0" x 5'11"). The kitchen also provides access out towards the garden.

The first floor offers three further bedrooms. Bedroom Three sits to the rear, measuring 3.45m x 2.59m (11'4" x 8'6"). Bedrooms Four and Five are positioned to the front, measuring 3.71m x 2.08m (12'2" x 6'10") and 3.46m x 2.60m (11'4" x 8'6") respectively. A separate WC is also located on this level.

The second floor is home to Bedroom Two, a generous loft room measuring 4.72m x 4.20m (15'6" x 13'9"), providing an excellent additional letting room.

The total floor area is approximately 118.7 sq.m. (1,277 sq.ft.).

Current Monthly Outgoings:
Council Tax: £129pcm
Water: £100pcm
Energy: £230pcm

Life in the Vernon Street Area

Vernon Street offers a convenient residential setting with strong rental appeal, making it well suited to tenants looking for access to local amenities, transport links and nearby employment areas. For landlords, the location and room sizes combine to create a practical, income-focused investment.

Material Information

(Provided by the Seller)
Part A – Key Facts

Tenure: Freehold
Council Tax Band: A
Property Type: Terraced HMO
Bedrooms: 5
Bathrooms: 1 bathroom plus separate WC
Parking: On Road
Management Fee: None

Part B – Utilities & Services
Electricity: Mains, approximately £230pm
Water: Mains, approximately £100pm
Drainage: Main
Heating: Gas Central
Glazing: Double Glazed

Part C – Other Information
Construction: Standard
Flood Risk: None
Rights & Easements: None
Covenants: None
Planning Permissions: None

These particulars are intended to give a fair and accurate description of the property but their accuracy cannot be guaranteed and they do not form part of any contract. All measurements, floor areas and distances are approximate and provided for guidance only. Kinetic Estate Agents have not tested any services, systems or appliances and therefore cannot verify that they are in working order. Prospective purchasers should rely on their own inspections, surveys and legal enquiries prior to purchase.

All utility and service information is believed to be accurate at the time of publication. Costs, suppliers and arrangements may be subject to change, and prospective purchasers are advised to make their own enquiries to verify current details.
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.
Back 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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Vernon Street, Lincoln, Lincolnshire, LN5 7QU

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Affordability

Monthly repayments£1,304
Property: £ 260,000
Deposit: £ 26,000
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 Kinetic Estate Agents Limited, Lincoln

35 Redwood Drive, Waddington, Lincoln, LN5 9BN

How Kinetic Become The Best in Lincoln

As the best agent in Lincoln, we’re redefining what estate agency should feel like. No corporate jargon, no cookie-cutter processes - just energy, honesty, and real results. Founded to break free from scripted service and micromanagement, we’ve built a team that genuinely cares.

From smart marketing to proper advice, everything we do is tailored and transparent. We’ve got more Facebook reviews than any other local Lincoln agent - and for good reason. Whether you're selling a home or launching a development, we focus on getting it done right, not just done.

Our Values

Our values aren’t corporate buzzwords - they guide how we work in Lincoln as the best estate agents every day. From honest conversations to smart decisions, these principles shape every interaction. Whether we’re helping a seller move on, supporting a local charity, or launching a new development, you’ll feel these values in action from the first call to completion.

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Disclaimer - Property reference KNT_KNT_LFSYCL_1043_1207521832. 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 Kinetic Estate Agents Limited, 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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