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Newland Street West, Lincoln

PROPERTY TYPE

Terraced

BEDROOMS

3

BATHROOMS

1

SIZE

743 sq ft

69 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

  • 3 Bedroomed Article 4 HMO
  • Accredited with Lincoln University via previous letting agent.
  • Vacant possession – tenants left in July 2026.
  • Previously Generating, Approx. £17,000 Gross Income Per Annum (bills included) - Gross Yield of 12.1
  • Current configuration - three lettable bedrooms.
  • Kitchen, Reception Room & Utility Area
  • Downstairs Bathroom
  • New EICR issued in 2026, valid for five years for rental use.
  • EPC Energy Rating - D
  • Council Tax Band - A (Lincoln City Council)

Description

INVESTMENT & RESIDENTIAL OPPORTUNITY - THREE BEDROOM HMO - An excellent opportunity to acquire a highly sought-after mid-terraced property in Lincoln's popular West End, ideally positioned within easy walking distance of the University of Lincoln and City Centre. The property has been successfully let to students since 2013 and was producing approximately £17,000 per annum inclusive of bills for the 2025/26 academic year. Currently configured as a three-bedroom HMO and sold furnished, the property offers an immediate opportunity for an investor to return it to the student rental market, with a Class C4 Certificate and a new EICR issued in 2026 and valid for five years for rental use. The property is offered with vacant possession following the tenants' departure in July 2026. Alternatively, for a residential purchaser, the accommodation could readily be reconfigured to create an attractive two-bedroom, two-reception-room home. 

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 Bishop Grosseteste University. 

LOUNGE 12' 1" x 10' 8" (3.70m x 3.26m) With staircase to the first floor, storage cupboard, tiled flooring and radiator. 

KITCHEN 10' 2" x 8' 2" (3.10m x 2.51m) With a range of wall, base units and drawers with work surfaces over, electric oven and hob with extractor fan, stainless steel sink with side drainer and mixer tap over, wall mounted gas fired central heating boiler, space for fridge freezer and dishwasher, tiled splash-backs, tiled flooring and double glazed window to the side aspect.  

UTILITY AREA With storage cupboard, space for washing machine, tiled floor and entrance door. 

BATHROOM Fitted with a three piece suite comprising of panelled bath with electric shower over and glass shower screen, close coupled WC and pedestal wash hand basin, tiled flooring, radiator and double glazed window to the side aspect. 

BEDROOM 12' 1" x 10' 8" (3.69m x 3.26m) With double glazed window to the front aspect and radiator.  

FIRST FLOOR LANDING With double glazed window to the rear aspect. 

BEDROOM 12' 9" x 12' 1" (3.90m x 3.69m) With double glazed window to the front aspect, spotlights and radiator.  

BEDROOM 12' 1" x 7' 6" (3.69m x 2.30m) With double glazed window to the rear aspect, spotlights and radiator.  

OUTSIDE To the rear of the property is an enclosed rear yard with outbuilding.  

SERVICES All mains services available. Gas fired central heating. 
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.
On street,Permit
GARDENA property has access to an outdoor space, which could be private or shared.
Yes
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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Newland Street West, Lincoln

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Affordability

Monthly repayments£681
Property: £ 140,000
Deposit: £ 14,000
Interest rate: 5.05%
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.
Renovation potential
Recently sold & under offer
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About Mundys, Lincoln

29 Silver Street, Lincoln, LN2 1AS
Industry affiliations:

Mundys is a trusted, independently owned estate agency providing expert residential and commercial sales and lettings, professional surveys, and mortgage and protection advice across Lincolnshire and Nottinghamshire.

With offices in Lincoln, Newark, Southwell and Market Rasen, our experienced team combines in-depth local knowledge with a personalised approach to deliver outstanding service and results.

Whether you're buying, selling, renting or letting, we are committed to making your property journey as straightforward and stress-free as possible. From your initial enquiry through to completion, we provide expert guidance every step of the way, ensuring you feel informed and supported throughout the process.

At Mundys, we understand that every property and every client is unique. That's why we tailor our service to your individual needs, working tirelessly to maximise the value of your property and achieve the very best outcome. Whatever your property ambitions, you can rely on our expertise, professionalism and dedication to help you realise them.

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Disclaimer - Property reference 102125031539. 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 Mundys, 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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