•Asking Price of £190,000 •Currently tenanted with annual rent of £21,840 •Gross Yield of 11.5% •4 Bedroom, Terraced House •HMO Strategy •The property was fully refurbished in the last 3 years •Fully Furnished - Recently spent £3.6k+ on new furniture including several beds to make Airbnb standard. TVs in each room + newly replenished bathroom + ceiling. Tenancy •Room 1 Rent: £455 •Room 2 Rent: £455 •Room 3 Rent: £455 •Room 4 Rent: £455 •Total Annual Rent: £21,840 Bills •Utilities: £140 •Broadband: £77 •Total Annual Bills: £2604 •Net Yield (%): 10% Article 4 •Located Outside Article 4 Area •Location information The property is located outside the city centre, around 1 mile from the centre There is a bus stop a short walk away with regular services Lincoln High Street and its local amenities are a short walk from the property Within walking distance to the university or a 6-minute cycle ride Lincoln Central railway station is 0.8 miles from the property •Lending: Contact Our Broker for Quote
Further details on my website: https://properties-wisewayrealestate.co.uk/listing/67605d18826a450703fc22ce
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