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Carholme Road, Lincoln, Lincolnshire, LN1 1RT

PROPERTY TYPE

Detached

BEDROOMS

5

BATHROOMS

2

SIZE

1,566 sq ft

146 sq m

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

  • Substantial 5 bed HMO
  • Approval for Loft conversion to add 2 beds
  • Close to University
  • Let for 26/27 at £30,090 per annum

Description

Detailed Description

An outstanding investment opportunity in the heart of Lincoln's thriving student rental market. This substantial five
bedroom, two bathroom article 4 compliant HMO offers fully ideally positioned accommodation with great access to Lincoln University, amenities and transport links. The property has a certificate of lawfulness of proposed use or development from Lincoln City Council under application 2021/0549/CLP to add a dormer to the loft space to allow two additional bedrooms and an en-suite shower room.

A spacious communal kitchen and living area creates an attractive social hub, whilst maintaining the privacy and
independence increasingly sought by today's student market.The property has been consistently let during our clients
ownership and is fully let for 2026/27 with the total rent of £30,090 per annum. The AST runs from 21st August 2026 - 13th August 2027 (51 weeks).



Location

Enter Lincoln on the A57 Carholme Road and proceed until you find the property on your left.



Services

We understand the property has mains water, electric, gas and main sewer connections.

Other

Tenure & Possession
Freehold with vacant possession upon completion.

BUYER IDENTITY CHECK
Please note that prior to acceptance of any offer, Brown & Co are required to verify the identity of the buyer to comply with the requirements of the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017. Further, when a property is for sale by tender, an ID check must be carried out before a tender can be submitted. We are most grateful for your assistance with this.

VIEWING PROCEDURE
Viewing of this property is strongly recommended. If you would like to view the property, please contact a member of the agency team on .

Brochures

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.
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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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Carholme Road, Lincoln, Lincolnshire, LN1 1RT

Approximate location

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__mins driving to your place

Affordability

Monthly repayments£1,335
Property: £ 275,000
Deposit: £ 27,500
Interest rate: 5.04%
Term: 30 years
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Extension potential
Recently sold & under offer
See similar nearby properties

About Brown & Co, Lincoln

5 Oakwood Road, Lincoln, LN6 3LH

When we can help

  • Free Market appraisal - If you have property or land to sell please call the agency team
  • Brown&Co sell properties across the price range in Lincolnshire and the surrounding counties
  • Our Auction team provide a proven service for properties best suited for sale by auction including houses for renovation, Investment property, land and building plots

Why Brown&Co

  • An experienced team with professional backing from the National Association of Estate Agents (NAEA), the Royal Institution of Chartered Surveyors (RICS), National Association of Valuers and Auctioneers (NAVA) and the Association of Residential Letting Agents (ARLA)
  • Excellent online and conventional marketing and advertising with an agreed individual marketing strategy for your property, including national coverage on the internet's leading property portals
  • Through bespoke brochure presentation, lotting and resolving property issues we aim to maximise the market appeal of your property
  • Accompanied viewings by your dedicated agent who knows your property
  • Aerial photography, digital mapping, land survey and floor plans
  • Sales management with leading software and regular vendor report contact

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Disclaimer - Property reference 452582FH. 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 Brown & Co, 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.

*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.