A 5 bedroom mid terrace property operating as a licensable HMO, situated just to the North of Lincoln, close to, and servicing students at Bishop Grosseteste University.
Set over 2 floors, the ground floor holds 2 bedrooms and the open plan kitchen / living room. The first floor then offers a further 3 bedrooms and 2 shower rooms.
The property currently generates £84pppw on a fully furnished and inclusive basis to students, equating to an approx. gross annual rental income of £21kpa and is let agreed until August 2022.
The property is to be sold fully furnished to ensure a smooth transition for the existing tenants.
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