May Crescent, Lincoln

Features

• House Of Multiple Occupancy
• Popular Student Location
• 5 Bedrooms, 2 Bathrooms
• 13'8" Lounge & 13'11" Kitchen
• Let Until Summer 2024
• Current Rent £19,200 Per Annum
• Potential For Increased Revenue
• Call Today To View

Full Details

5 BED HMO! Located within the most popular student area of Lincoln is this very well presented House of Multiple Occupancy on May Crescent. Spacious accommodation briefly comprises entrance hallway, 13'8 lounge, 13'11 kitchen, 5 well proportioned bedrooms (two to the ground floor and three to the first floor) and two first floor bathrooms. The property is currently let until summer 2024 and generates an income of £19,200 which represents a gross return of 8.73%. We are advised by the sellers that the current income has been offered as a favourable rental amount for quality returning tenants and therefore revenue is anticipated to be considerably higher in the future. Call today for more info! Council tax band: B. Freehold.