Gaunt Street, Lincoln

£140,000

3 Bedroom End of Terrace House for sale in Lincoln

3 1
  • HMO investment opportunity
  • Let until end of academic year 2026/27
  • Fully managed tenancy in place
  • Two lettable rooms generating strong income
  • Gross yield up to 10.75% (based on asking price)
  • Close to Lincoln city centre and university
  • Low maintenance rear yard
  • On street permit parking available
  • Ideal for investors seeking immediate return
  • Council Tax Band - A (Lincoln City Council)

Fully let student investment with income secured until the end of the 2026/27 academic year. A three bedroom end of terrace HMO property arranged to provide two lettable rooms, offering a strong income-producing investment and located in the popular High Street area. The accommodation comprises of an entrance hallway, lounge, dining room, kitchen, two double bedrooms, third bedroom (currently used as a study/dressing room) and a bathroom.
 

LOCATION The historic Cathedral and University City of Lincoln has the usual High Street shops and department stores, plus banking and allied facilities, multiplex cinema, Marina and Art Gallery. The famous Steep Hill leads to the Uphill area of Lincoln and the Bailgate, with its quaint boutiques and bistros, the Castle, Cathedral and renowned Lincoln Bishop University. 

HMO INVESTMENT Fully let HMO investment.
Tenancy secured until end of academic year 2026/27.
Fully managed Income
2025/26 - £15,045 per annum (10.75% yield based on asking price)
2026/27 - £15,045 per annum (10.75% yield based on asking price)
 

ENTRANCE HALL Accessed via a shared passageway, with access to the dining room and lounge.  

LOUNGE 11' 2" x 11' 0" (3.4m x 3.35m) With bay window and radiator.  

DINING ROOM 12' 4" x 11' 0" (3.76m x 3.35m) With UPVC window, radiator, understairs storage cupboard and direct access to the Kitchen. 

KITCHEN 10' 3" x 6' 0" (3.12m x 1.83m) Fitted with a range of wall and base units, electric oven, hob with extractor over, breakfast bar, stainless steel sink with mixer tap, UPVC window and door to the rear yard and door to rear yard.  

BATHROOM Fitted with a three piece suite comprising of shower cubicle, WC and wash hand basin, tiled walls, chrome radiator, UPVC window, extractor and airing cupboard housing the wall mounted boiler. 

FIRST FLOOR LANDING Providing access to all three bedrooms. 

BEDROOM 1 12' 11" x 10' 10" (3.94m x 3.3m) With UPVC window, radiator and overstairs storage cupboard. 

BEDROOM 2 11' 2" x 7' 10 max" (3.4m x 2.39m) With UPVC window and radiator. 

BEDROOM 3 8' 2" x 7' 9" (2.49m x 2.36m) With radiator and UPVC window currently utilised as a dressing room/study. 

OUTSIDE Low maintenance rear yard accessed via the kitchen or shared passageway with on street permit parking available. 

Property Ref: 102125036617

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