Summary - 170 WEST PARADE LINCOLN LN1 1LF
6 bed 3 bath Terraced
Turnkey six-bed HMO near University — strong income and high demand..
- Six-bedroom licensed HMO, fully let generating £36,423pa
A robust, income-producing Victorian terraced HMO in West Parade, offered with no onward chain and current full occupancy. The property generates approximately £36,423 per year (around a 12.5% gross yield at the listed price), making it an attractive, turnkey option for buy-to-let investors targeting students and young professionals.
Accommodation is spread over three floors and includes six double bedrooms, generous communal lounge with bay window, a large 20' kitchen, two ground-floor shower rooms and a substantial first-floor bathroom. The house benefits from uPVC double glazing, gas central heating and an enclosed, low-maintenance rear garden — features that support high letting appeal and straightforward management.
Practical considerations: parking is on-street with a permit scheme, and the layout is multi-storey, so accessibility is limited for tenants with mobility needs. The EPC is anticipated at D (buyers should obtain the certificate), and purchasers should verify appliances and services as noted. Overall, this is a well-located, well-let HMO offering immediate rental income and stable demand close to the University and city centre.
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