Summary - STAIRS HOUSE LINDUM ROAD LINCOLN LN2 1NS
11 bed 4 bath House of Multiple Occupation
### Standout Features:
- 11 spacious bedrooms
- 4 modern bathrooms
- Impressive Grade II Listed Georgian architecture
- Desirable central location near Lincoln University
- Excellent condition with stylish renovations
- Fully tenanted for the 25/26 academic year
- Strong investment potential: Gross yield of 12.5%
- Planning permission evidence for Sui Generis HMO use
- Room for future renovation or conversion potential
### Summary:
Discover a remarkable investment opportunity with this stunning 11-bedroom, Grade II Listed house of multiple occupation (HMO). Ideally located within walking distance of Lincoln University, this impeccably maintained property offers a unique blend of historic charm and modern living.
With an average size of 3,444 sq. ft., Stairs House features a spacious, open-plan kitchen equipped for communal cooking and entertaining, five generous bedrooms creating comfortable living conditions, and stylish communal spaces, making it perfect for students or professionals. Featuring high ceilings and chic design elements like herringbone flooring, the property is designed for both comfort and sophistication. Moreover, it meets all current fire regulations, ensuring tenants' safety.
This fully tenanted property yields an attractive gross rent of £5,195.67 per month, with a promising ROI of 6.3%, making this a compelling option for savvy investors. There is significant potential for additional value through future renovations, particularly in the basement area, which could be transformed into a multifunctional space.
Investors should act quickly to seize this exclusive opportunity to own a significant property that not only provides a robust income stream but also boasts historical elegance and future potential. Schedule a viewing today and experience the perfect blend of investment and charm in Lincoln!
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