Summary - 57 RICHMOND ROAD LINCOLN LN1 1LH
6 bed 2 bath Terraced
**Key Features:**
- **Fully Let for 2024/25**: Generating £37,485 per annum, gross yield of approx. 10.71%.
- **Six Lettable Bedrooms**: Across two floors, ideal for student living.
- **Prime Location**: Short walk to Lincoln University and city center.
- **Shared Amenities**: Communal lounge, a fitted kitchen, utility room, and two bathrooms.
- **Low-Maintenance Courtyard**: Perfect for tenant use.
- **Gas Central Heating**: Plus all mains services connected.
- **EPC Rating D; Council Tax Band C**.
This well-maintained six-bedroom terraced house on Richmond Road presents an outstanding investment opportunity in Lincoln's highly sought-after West End, perfect for those looking to tap into the booming student rental market. The property is fully let for the 2024/25 academic year, ensuring immediate income at a robust gross yield of approximately 10.71%. Located within walking distance of both the University of Lincoln and the vibrant city center, it offers a strategic advantage for attracting tenants.
The accommodation is cleverly arranged over two floors, featuring a communal lounge, a modern kitchen, and spacious communal bathrooms alongside six comfortably-sized bedrooms. The low-maintenance rear courtyard provides an ideal outdoor space for students to unwind.
This property is not only an immediate income generator but also presents excellent renovation potential or the option to add value for future flexibility. Given its attractive location, generous rental history, and the growing demand for student lodging, this listing won't last long—seize the opportunity to secure a prime investment in Lincoln's thriving rental market.
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