Summary - 187 CARHOLME ROAD LINCOLN LN1 1RU
5 bed 2 bath Semi-Detached
Fully let, compliant five-bedroom property delivering strong immediate income in central Lincoln.
- 5-bedroom HMO, fully compliant and tenanted by working professionals
- Gross annual income £36,240; 12.08% gross yield
- Prime LN1 location near university, hospital and city centre
- Direct rail links to Nottingham and London; good road connectivity
- Period features (high-ceiling bay) alongside modern room décor
- Small overall size and plot — urban rental footprint
- Only 2 bathrooms for 5 bedrooms — potential conversion opportunity
- Area records above-average crime; consider insurance and tenant perception
A well-presented, fully compliant 5-bedroom HMO in central Lincoln, this freehold semi-detached property is arranged as a reliable income-producing investment. Currently fully let to working professionals, it produces £36,240 gross per year — a 12.08% gross yield — making it attractive for investors seeking immediate cash flow and low void risk.
The location is a key strength: minutes from the University of Lincoln, Lincoln County Hospital, the city centre and major employers, with direct rail links to Nottingham and London and easy access to the A46/A15/A1. Ongoing city-centre and university-led regeneration projects should support rental demand and long-term capital growth.
Internally the property is described as well-presented and compliant for HMO use, with period features (high-ceiling bay window in at least one bedroom) alongside modern, neutral-decor rooms. The small overall plot and compact living footprint suit a high-yield urban rental model rather than owner-occupier outdoor space expectations.
Notable practical considerations: the area records above-average crime levels, which can affect tenant perceptions and insurance costs. There are only two bathrooms serving five bedrooms, so prospective buyers should consider future refurbishment or reconfiguration if desired. Broadband and mobile signal are strong and the property sits in an established rental catchment with good nearby amenities and schools.
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