Summary - 50 MONKS ROAD LINCOLN LN2 5HY
5 bed 1 bath House of Multiple Occupation
**Standout Features:**
- 5-bedroom, 1-bathroom house suitable as a Student HMO
- Prime central location near Lincoln University
- Strong rental potential with projected gross yields of 11.2% at full occupancy
- Fully furnished with modern appliances included
- Low-maintenance private garden and two outhouses
**Concerns:**
- High crime rate in the area
- Needs a new HMO license upon transfer of ownership
- Area classified as deprived
Discover an exceptional investment opportunity with this 5-bedroom terraced house, perfectly situated just steps away from Lincoln University and vibrant local amenities. With a projected gross rental yield of 11.2% at full occupancy, this property promises fantastic returns, making it ideal for savvy investors or those seeking to enter the rental market. The interior boasts a spacious communal living area, a well-equipped kitchen, and generously sized bedrooms, all bathed in natural light from the large windows.
Accommodations include one modern bathroom and an additional WC for convenience. The well-maintained garden space enhances its appeal, providing a calming outdoor retreat. While the property is currently an HMO and positioned in a desirable student neighborhood, buyers should note the high crime rate in the area and the necessity of obtaining a new HMO license upon purchase. This flexible and strategic investment awaits you—don’t miss out on the chance to secure your future cash flow in this rapidly appreciating area!
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