Well-located six-bedroom licensed HMO — immediate rental income and upgrade potential.
Licensed six-bedroom HMO with proven high occupancy potential
Open-plan living kitchen, renovated timber floors, neutral decor
Two bathrooms for six bedrooms — may require management during turnover
Mains gas boiler and radiators; double glazing fitted post-2002
Solid brick construction (assumed no cavity insulation) — upgrade potential
Limited off-street parking and modest, low-maintenance garden
Freehold tenure; low flood risk and low local crime rates
Popular student/professional area — strong rental demand
This six-bedroom licensed HMO on Boultham Park Road offers an immediate, income-focused opportunity in a proven student and professional lettings location. The house is attractively arranged with an open-plan living-kitchen, six double bedrooms and two bathrooms, and is regularly fully let — giving clear cashflow potential from day one.
Internally the property has been maintained and benefits from modern kitchen fittings, renovated timber floors and neutral décor throughout, making it straightforward to re-let. Practical features include mains gas central heating, double glazing fitted post-2002 and a low flood and crime risk, all supportive of long-term tenancy demand.
Buyers should note this is a compact urban plot with limited off-street parking and a modest garden designed for low maintenance. The building is solid-brick (likely no cavity insulation) and, as with many older houses, may benefit from targeted energy-efficiency improvements and ongoing HMO management costs.
Overall this freehold HMO is best suited to investors or portfolio buyers aiming for high rental yield in a cosmopolitan, student-friendly neighbourhood close to Lincoln city centre. It presents reliable rental income now with sensible scope for value uplift through efficiency upgrades and periodic modernisation.