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West Parade, Lincoln

PROPERTY TYPE

Terraced

BEDROOMS

6

BATHROOMS

6

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

  • Fully Let Six Studio HMO
  • Immediate Rental Income
  • Six Individual Studio Units
  • Mix of Ensuite & Kitchen Facilities
  • Popular Rental Location
  • Excellent Investment Opportunity

Description

An excellent opportunity to acquire a fully occupied six-studio House in Multiple Occupation (HMO), situated within one of Lincoln's most convenient rental locations and offering an immediate income-producing investment.

The accommodation is arranged over several floors and comprises six individual studio units, providing a variety of layouts to suit tenant demand. Several studios benefit from integrated kitchen facilities and private ensuite shower rooms, while others are served by separate kitchens or bathroom facilities, all arranged to maximise the property's rental potential.

The ground floor includes two self-contained studio apartments, each with fitted kitchen facilities and ensuite shower rooms. To the rear is a further studio with its own separate kitchen and private bathroom.

The upper floors continue the flexible accommodation, including additional studios with ensuite facilities, together with a communal kitchen serving one of the studio rooms, creating a practical and well-established HMO configuration.

The property is currently fully occupied, providing investors with an immediate income stream from day one. Whilst some cosmetic improvements may further enhance presentation over time, the accommodation is established and functioning successfully as a fully let investment.

West Parade remains one of Lincoln's strongest rental locations, being within easy walking distance of Lincoln city centre, the University of Lincoln, Lincoln Central railway station and the Brayford Waterfront. A wide range of supermarkets, cafés, restaurants and leisure facilities are all close by, while excellent road links via the A46 and A57 provide convenient access across the city and beyond.

With consistently strong demand for rental accommodation in this area from students, professionals and key workers, this represents an outstanding opportunity for both experienced landlords and investors seeking to expand their portfolio with an income-generating asset.

Hall

Studio One

14'0" x 12'2" (4.27m x 3.71m)

Studio Two

13'11" x 12'5" (4.26m x 3.79m)

Rear Porch

Studio Three

12'0" x 10'5" (3.68m x 3.20m)

Kitchen 1

9'10" x 7'2" (3.01m x 2.20m)

Kitchen 2

9'3" x 5'5" (2.83m x 1.66m)

Shower Room 1

Shower Room 2

Shower Room 3

Shower Room 4

Shower Room 5

First Floor Landing

Studio Four

12'5" x 12'2" (3.79m x 3.73m)

Studio Five

12'5" x 12'2" (3.79m x 3.71m)

Communal Kitchen

7'6" x 7'2" (2.29m x 2.20m)

Studio Six

21'0" x 10'5" (6.41m x 3.20m)

Disclaimer

haart Estate Agents also offer a professional, ARLA accredited Lettings and Management Service. If you are considering renting your property in order to purchase, are looking at buy to let or would like a free review of your current portfolio then please call the Lettings Branch Manager on the number shown above.



haart Estate Agents is the seller's agent for this property. Your conveyancer is legally responsible for ensuring any purchase agreement fully protects your position. We make detailed enquiries of the seller to ensure the information provided is as accurate as possible. Please inform us if you become aware of any information being inaccurate.

Brochures

Material InformationBrochure
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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West Parade, Lincoln

Approximate location

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__mins driving to your place

Affordability

Monthly repayments£1,756
Property: £ 350,000
Deposit: £ 35,000
Interest rate: 5.33%
Term: 30 years
Powered byNatwest
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 haart, Lincoln

37 Silver Street, Lincoln, LN2 1EH
Industry affiliations:

haart of Lincoln

showcase™ and equitymaximiser™ are the power couple that combine two proven methods to create demand for your property, attract serious buyers and help secure the right price. It's that simple.

At haart of Lincoln, we take a different approach. Rather than rushing straight to the open market, we prepare every detail for maximum impact.

Our showcase™ strategy follows a 15-step phased launch over two weeks, carefully building momentum before your home goes live. Every stage is designed to lead to the key moment, the Launch Event, when motivated buyers are invited to view your home.

By building early interest and bringing buyers together at the Launch Event, we create the kind of momentum that helps buyers feel confident about making their best offer.

That's when equitymaximiser™ comes into play, guiding the negotiation process and ensuring every offer is handled carefully and professionally, helping both buyers and sellers move forward with confidence.

The result? More serious buyers, stronger offers, and the best outcome for your home.

Ask about showcase™ and equitymaximiser™ and unlock your home’s true value.

haart introduce to Just Mortgages which is a trading name of Just Mortgages Direct Limited which is an appointed representative of Openwork Ltd who are authorised and regulated by the Financial Conduct Authority.

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Disclaimer - Property reference 0173_HRT017341815. 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 haart, 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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