Shakespeare Street, Lincoln, LN5

Introducing an exceptional investment opportunity on Shakespeare Street - a well maintained 4-bedroom HMO property with remarkable potential for growth and development. Currently leased for the academic year, this central location promises not only immediate returns but also a chance to maximize its offerings.

Boasting an open-plan living kitchen communal area, the property offers a modern and inclusive space for tenants to enjoy. With four generously sized bedrooms, comfort and privacy are seamlessly combined.

A notable highlight is the possibility to expand into the loft, potentially adding a fifth bedroom to further enhance rental income. While planning permission would be required, the avenue for growth is enticing.

Currently achieving a rental yield of approximately 8.8%, this property showcases its potential as a rewarding investment. Its strategic central location enhances its appeal, ensuring a steady flow of potential tenants.

If you're looking for a well-maintained HMO property with existing income and the chance to tap into its development possibilities, Shakespeare Street presents a compelling proposition. For more information or to explore this investment opportunity, please reach out.

Council tax band: A, Tenure: Freehold, EPC rating: D Rooms Agent Notes - These particulars are for guidance only. Lovelle Estate Agency, their clients and any joint agents give notice that:- They have no authority to give or make representation/warranties regarding the property, or comment on the SERVICES, TENURE and RIGHT OF WAY of any property. These particulars do not form part of any contract and must not be relied upon as statements or representation of fact. All measurements/areas are approximate. The particulars including photographs and plans are for guidance only and are not necessarily comprehensive.