Summary - 11 HEREWARD STREET LINCOLN LN1 3EW
6 bed 3 bath Terraced
***Standout Features:***
- **Type:** 6-bedroom terraced House of Multiple Occupancy (HMO)
- **Location:** Popular Uphill area, near Bishop Grosseteste University
- **Rental Potential:** Estimated income of £30,345 per year (10.5% gross return)
- **Condition:** Recently refurbished with modern kitchen and three shower rooms
- **Plot Size:** Small with a low-maintenance west-facing garden
- **Floor Structure:** Four floors of living space including a communal sitting area
***Summary:***
Discover this impressive 6-bedroom terraced house, ideal for investors seeking a strong rental yield, located in the desirable Uphill area of Lincoln. Close to Bishop Grosseteste University, this recently refurbished House of Multiple Occupancy is set up to generate substantial income, with tenants already in place from September 2024. The property boasts a newly fitted kitchen, a comfortable communal sitting room, and three modern shower rooms across its four thoughtfully arranged floors.
The home features a low-maintenance west-facing garden, perfect for relaxation amidst your busy schedule. While the property has strong rental potential in a vibrant community, prospective buyers should note its location in a high-crime area, so it’s essential to weigh lifestyle conveniences against security concerns. Don’t miss the opportunity to own a reliable income-generating asset in a sought-after area—schedule your viewing today!
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