Summary - OFFICE, THE JUNXION, BRAYFORD WHARF EAST LN5 7BG
1 bed 1 bath House of Multiple Occupation
Turnkey six-bedroom HMO opposite University — auction sale with immediate exchange option.
6 en-suite bedrooms, fully furnished and let
Minutes from University of Lincoln and Students' Union
100% occupancy with 100% rent guarantee (stated)
Immediate exchange of contracts; sold at auction
Property not inspected; tenure unknown — buyer to verify
Located in very high crime area; affects insurance and management
Fast broadband and excellent mobile signal ideal for students
High tenant turnover and wear-and-tear likely in student area
This purpose-designed six-bedroom HMO in The Junxion sits literally minutes from the University of Lincoln and the Students' Union, offering a turnkey student-let investment with 100% occupancy and a stated 100% rent guarantee. Each room has a private en-suite, study area and furnishings; the communal lounge/kitchen/diner is fitted and ready for tenants. Immediate exchange of contracts is available and the sale will be via auction — appealing to buyers seeking a quick, income-producing purchase.
Buyers should note material caveats: the property has not been inspected, tenure is unknown and the area records very high crime levels. The sale is online via secure bidding with terms and conditions. These factors affect due diligence, insurance and financing options and mean a purchaser should budget for a thorough legal and physical inspection before completion.
For an investor focused on student accommodation, the location and current full let represent clear income potential and low void risk. Fast broadband and excellent mobile signal suit modern student needs. However, because the development lies in a busy, cosmopolitan student neighbourhood, expect higher wear-and-tear, management demands and potential local anti-social issues.
This lot is best suited to experienced HMO investors or funds able to buy at auction, complete rapid checks, and maintain robust management and security measures to protect rent roll and long-term value.
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