Summary - 25 ALLISON STREET LINCOLN LN1 1PX
4 bed 1 bath Terraced
Compact terraced investment with garden and immediate returns.
Fully let four-bedroom HMO generating immediate rental income
A ready-made HMO in LN1, this four-bedroom mid-terrace is fully let to students and produces immediate rental income. The property sits in a city-centre, student-professional neighbourhood close to transport and local amenities, with excellent mobile signal and fast broadband — useful for modern tenants.
Accommodation is arranged over two floors with a generous lounge, fitted kitchen, four individually accessed bedrooms and one ground-floor bathroom. Externally there is a private rear garden for tenant use and on-street parking to the front. The home’s traditional red-brick build and period features give it character while room sizes remain modest.
For an investor, the appeal is clear: established HMO status, current tenancy, and scope to maintain or increase yields. Note the property has only one bathroom for four bedrooms and a relatively small plot, which can affect amenity and future lettability during high-demand periods.
Practical considerations: the property is solid-brick (likely uninsulated as built), dates from the early 20th century and will benefit from modernisation in places. Crime levels in the area are above average — factor this into tenancy profiling and insurance. Overall, this is a compact, income-generating townhouse suited to a landlord seeking an operational student-let asset with clear upside through targeted refurbishment.
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