**Key Features:**
- **15 Bedrooms** with ample space for communal living
- **4 Shower Rooms** for resident convenience
- **Large Communal Areas**, including an open-plan kitchen with modern amenities
- **Size:** Approx. 279m² / 3,003ft², offering a comfortable living environment
- **Excellent Location**: Walking distance to Lincoln University and train station
- **Potential Market Rent:** £5,750 pcm, yielding a **Gross Yield of 13.3%**
- **Freehold Tenure** with planning permission documentation available
- **Exterior:** Generous outdoor space, perfect for social gatherings
- **Condition:** Requires some renovation but structurally sound and compliant with fire regulations
Discover a prime investment opportunity in this spacious 15-bedroom, 4-bathroom Victorian detached house. Offering an expansive internal area of 3,003 square feet, it features ample communal spaces designed for comfort and interaction, ideal for students and young professionals alike. The heart of the home is its large, well-appointed kitchen – a perfect hub for cooking and socializing.
Located in a vibrant area, just a short walk from Lincoln University, train station, and bustling local amenities, this property promises strong demand and potential for high rental returns. Investors will appreciate the current cash flow projection of £2,362.50 per month and an enviable ROI of 14.4%.
While the property is structurally sound, some cosmetic updates and renovations are recommended to maximize its appeal. Enjoy the cozy communal areas, and the charm of the outdoor space, which offers endless possibilities for enhancement.
Seize this moment to invest in an income-generating property with great potential in the heart of Lincoln. Schedule a viewing today—this opportunity won’t last long!
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