Summary - 193, West Parade LN1 1QT
6 bed 2 bath Semi-Detached
**Standout Features:**
- Six-bedroom licensed HMO
- Fully furnished and currently let for the academic year
- Strong rental yield of 11.7%
- Ideal West Parade location near Lincoln University
- Private rear yard/garden and separate utility room
- On-street parking available
- Built in the early 20th century with charming Victorian features
**Potential Concerns:**
- Above-average crime rate in the area
- No insulation in walls, as assumed
Unlock the potential of this fully licensed six-bedroom HMO located in the sought-after West Parade, Lincoln. Perfectly positioned within walking distance to Lincoln University and the city center, this property serves as an attractive turnkey investment yielding 11.7% rental return, currently tenanted for the upcoming academic year. Inside, you’ll find a bright communal living area adjoining a modern kitchen, with two spacious ground-floor bedrooms and an additional four upstairs, all in well-maintained condition.
The exterior boasts a quaint private garden and a separate utility room, adding to the functionality of this home. While the area does have an above-average crime rate, the vibrant local amenities and student-friendly atmosphere offer great potential for steady income generation. Priced at £325,000, take advantage of this rare opportunity to secure a high-yield property in a prime locale before it’s gone!
6 bedroom terraced house for sale in West Parade, Lincoln, Lincolnshire, LN1 — £290,000 • 6 bed • 3 bath • 1513 ft²
6 bedroom terraced house for sale in Charles Street West, West End, Lincoln, LN1 — £239,950 • 6 bed • 3 bath • 1201 ft²
4 bedroom terraced house for sale in Newland Street West, Lincoln, LN1 — £212,000 • 4 bed • 2 bath • 961 ft²
6 bedroom terraced house for sale in West Parade , LN1 — £343,000 • 6 bed • 6 bath • 1604 ft²
4 bedroom terraced house for sale in Allison Street, Lincoln, Lincolnshire, LN1 — £200,000 • 4 bed • 1 bath • 829 ft²
4 bedroom terraced house for sale in Severn Street, Lincoln, Lincolnshire, LN1 — £160,000 • 4 bed • 1 bath • 846 ft²
