Summary -
132, West Parade,LINCOLN,LN1 1LD
LN1 1LD
8 bed 7 bath Block of Apartments
**Standout Features:**
- **Investment Size & Potential:** 8 Bedrooms, 7 Bathrooms (6 En-Suite), currently generating a market rent of £4,883 pcm.
- **Prime Location:** Situated in Lincoln’s West End, within walking distance to the University and city center, ensuring strong tenant appeal.
- **High Yield:** Gross yield of 14.1% and ROI of 10.9% on this freehold block comprising three self-contained apartments.
- **Modern Finishes:** Contemporary design, modern kitchens, spacious living areas, and plush carpeting in bedrooms.
- **Compliance:** Fully compliant with current fire safety regulations and holds a valid HMO license.
This exceptional investment opportunity features a meticulously converted block of three self-contained apartments, located in a vibrant and cosmopolitan area of Lincoln. With 8 rentable bedrooms designed for premium tenant attraction, including 6 en-suite bathrooms, this property caters to the growing demand for quality rental accommodations aimed at students and professionals alike. Offering modern amenities and thoughtful design with high ceilings, contemporary kitchens, and inviting common areas, it ensures comfort and style for residents.
The property is currently in excellent condition and fully compliant with safety regulations, providing peace of mind to both landlords and tenants. Its enviable location, surrounded by bistros, bars, and local conveniences, supports robust occupancy rates throughout the year. While the HMO license is non-transferable and must be renewed upon change of ownership, this presents an exciting chance for savvy investors. Don’t miss out on securing this unique investment in a city teeming with history and architectural charm—schedule your viewing today to explore its full potential!
19 bedroom block of apartments for sale in Portland Street, Lincoln, LN5 — £775,000 • 19 bed • 8 bath • 4424 ft²
15 bedroom house of multiple occupation for sale in Lindum Road, Lincoln, LN2 — £520,000 • 15 bed • 4 bath • 3003 ft²
5 bedroom house of multiple occupation for sale in Bedford Street, Lincoln, LN1 — £255,000 • 5 bed • 2 bath • 1216 ft²
11 bedroom house of multiple occupation for sale in Lindum Road, Lincoln, LN2 — £500,000 • 11 bed • 4 bath • 3444 ft²
5 bedroom house of multiple occupation for sale in Monks Road, Lincoln, LN2 — £185,000 • 5 bed • 1 bath • 1076 ft²
6 bedroom terraced house for sale in West Parade, Lincoln, Lincolnshire, LN1 — £290,000 • 6 bed • 3 bath • 1513 ft²
