This property has been taken off the market.
8 Bed Semi-Detached House For Sale Scorer Street, Lincoln, LN5
£350,000- Semi-detached
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Last Updated: 26th April 2024
Description
Welcome to this exceptional 8-bedroom House in Multiple Occupation (HMO), designed for both comfort and investment. Boasting spacious accommodation spread over multiple floors, this property offers an ideal opportunity for savvy investors seeking high rental yields.
With extensive parking facilities, convenience is paramount for both tenants and visitors. Currently generating a gross rent of £46,080, this property represents a lucrative investment opportunity with proven income potential.
Each of the eight bedrooms is thoughtfully designed to provide residents with comfort and privacy, creating a desirable living environment. Whether utilised as a long-term rental or as short-stay accommodation, the versatility of this property ensures a steady stream of income.
Don’t miss out on the chance to own this prime investment property, perfectly positioned to capitalise on the growing demand for quality housing in the area.
PLEASE NOTE: This property does require modifications in order to comply with council specifications for HMO properties, details can be provided upon request. Upon completion, it is likely that the rental income can be increased quite substantially.
With extensive parking facilities, convenience is paramount for both tenants and visitors. Currently generating a gross rent of £46,080, this property represents a lucrative investment opportunity with proven income potential.
Each of the eight bedrooms is thoughtfully designed to provide residents with comfort and privacy, creating a desirable living environment. Whether utilised as a long-term rental or as short-stay accommodation, the versatility of this property ensures a steady stream of income.
Don’t miss out on the chance to own this prime investment property, perfectly positioned to capitalise on the growing demand for quality housing in the area.
PLEASE NOTE: This property does require modifications in order to comply with council specifications for HMO properties, details can be provided upon request. Upon completion, it is likely that the rental income can be increased quite substantially.
Agent Details
Haart
37, Silver Street, Lincoln, LN2 1EH
Show Contact Number
01522 510 088
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Legal - YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT.
Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.