Property Details

Hereward Street, Uphill, Lincoln£290,000 Draft Particulars - Awaiting Vendors Approval

On MarketStarkey&Brown Lincoln - 01522 84584500017316

House Of Multiple Occupancy
Recently Refurbished
6 Bedrooms & 3 Shower Rooms
New Kitchen
Popular Uphill Location
Potential Income £30,000 pa
Close To Bishop Grosseteste University
Call Today To View

6 BED HMO!! 10.5% gross return!! Located within the popular uphill area and prime Bishop Grosseteste University and University of Lincoln student location is this fine example of a 6 bedroom, 3 shower room House of Multiple Occupancy on Hereward Street, with tenants in situ from September 2024, providing a healthy income of £30,345. The property has undergone a comprehensive scheme of improvement works and has accommodation which is arranged over four floors as follows: To the basement level there is a communal sitting room and a bedroom. On the ground floor there is a newly fitted kitchen with a door to the rear garden, bedroom and shower room. To the first floor there are 2 bedrooms and 2 shower rooms, and 2 further bedrooms to the second floor. The property also has a pleasant, low maintenance west facing garden. This HMO has a strong rental history over recent years and provides a gross return of 10.5% per annum. Call today to arrange a viewing! Council tax band: A. Freehold.

Basement Level
Sitting Room11' 7'' x 10' 8'' (3.53m x 3.25m)
Having light well to front aspect and radiator.
Bedroom 111' 8'' x 11' 0'' max (3.55m x 3.35m)
Having built-in wardrobe, fitted desk and radiator.
Ground Floor Level
Entrance Hallway
Having side entrance door, door with stairs leading down to basement and stairs rising to first floor.
Kitchen11' 8'' max x 9' 2'' (3.55m x 2.79m)
Having a range of matching wall and base units, single drainer stainless steel sink unit with mixer taps over, tiled splash backs, built-in oven, hob and cooker hood, integral dishwasher, space for fridge freezer, plumbing for washing machine, laminate wood effect flooring, radiator, part tiled walls, central heating boiler and uPVC door to garden.
Bedroom 211' 3'' x 8' 3'' max (3.43m x 2.51m)
Having built-in wardrobe, fitted desk and radiator.
Shower Room
Having 3 piece suite comprising tiled shower cubicle with electric shower appliance, wash hand basin set in vanity unit, low level WC, ceramic tiled floor, heated towel rail and extractor.
First Floor
First Floor Landing
Having stairs rising to second floor.
Bedroom 311' 10'' max x 9' 5'' (3.60m x 2.87m)
Having built-in wardrobe, fitted desk and radiator.
Shower Room
Having shower cubicle with electric shower appliance, radiator, ceramic tiled floor and part tiled walls.
Bedroom 411' 10'' max x 8' 5'' max (3.60m x 2.56m)
Having built-in wardrobe, fitted desk and radiator.
Shower Room
Having 3 piece suite comprising tiled shower cubicle with electric shower appliance, wall hung wash hand basin set in vanity unit, low level WC, ceramic tiled floor, fully tiled walls, heated towel rail and extractor.
Second Floor
Bedroom 515' 7'' max x 9' 4'' (4.75m x 2.84m)
Having built-in wardrobe, fitted desk and radiator.
Bedroom 611' 10'' max x 9' 4'' (3.60m x 2.84m)
Having built-in wardrobe, fitted desk, radiator and 2 Velux windows to rear aspect.
Outside Rear
To the rear of the property there is a generous sized west-facing garden comprising paved patio area, lawned garden and decking area.

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