Summary - 1 GRESHAM STREET LINCOLN LN1 1QA
5 bed 1 bath Terraced
Licensed, lettable five-bed HMO close to city amenities and fast broadband.
Licensed five-bedroom HMO, set up for sharers
A fully licensed five-bedroom HMO in central Lincoln, arranged for comfortable shared living and ready to let to students or professional sharers. Bedrooms are generous doubles and the communal areas include a modern fitted kitchen with stainless-steel appliances and a practical lounge for tenants to relax.
This house benefits from excellent mobile signal and fast broadband — a clear plus for students and remote workers. It sits within easy reach of city amenities, public transport and several schools and colleges, making it convenient for occupants who commute locally or study in Lincoln.
Buyers should note material considerations: the property is in a deprived area with a very high local crime rate and a small plot size. Tenure is unknown and should be confirmed. While the interior kitchen appears modern, any purchaser should verify the number and condition of bathrooms and inspect the property for maintenance or compliance updates despite the existing HMO licence.
For investors or groups seeking an immediately lettable HMO in a city-centre student and professional neighbourhood, this property offers practical rental potential. Factor in additional running costs and local area challenges when assessing yield and management requirements.
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