Summary - 7 WATERLOO ROAD MABLETHORPE LN12 1JR
6 bed 1 bath Semi-Detached
**Standout Features:**
- 6 bedrooms with current HMO status, generating £36,000 annual gross income
- 5 bathrooms for tenant convenience
- Large kitchen and conservatory with renovation potential
- Freehold tenure, allowing for long-term investment stability
- Convenient location with nearby amenities and transportation options
- Characteristic Victorian architecture with high ceilings and period features
This Victorian semi-detached house in Mablethorpe, LN12 is a remarkable buy-to-let opportunity for serious investors and developers. With 6 spacious bedrooms and 5 bathrooms, this property currently operates as a House in Multiple Occupation (HMO) and boasts a robust annual gross income of £36,000 from long-term tenants. The expansive kitchen and conservatory provide ample space for communal living, while the large plot size presents renovation potential for further value enhancement.
Located within walking distance of valuable amenities and with decent local broadband speeds, the property is perfectly situated in a community conducive to long-term tenancies. However, investors should note the property’s current condition requires some work, particularly in the kitchen due to damp issues and dated features. Despite these aspects, the investment potential and rental yields make this home an attractive addition to any property portfolio.
Don’t miss out on this exclusive investment opportunity—properties like this don’t stay on the market long! Explore future renovation possibilities and secure your stake in this flourishing market today.
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