Newland Street West, Lincoln

£130,000

2 Bedroom Terraced House for sale in Lincoln

2 1
  • VACANT - 3 Bedroomed Article 4 HMO
  • Accredited with Lincoln University via previous letting agent.
  • Vacant possession – tenants left in July 2026.
  • Previously Generating, Approx. £17,000 Gross Income Per Annum (bills included) - Gross Yield of 12.1
  • Current configuration - three lettable bedrooms.
  • Kitchen, Reception Room & Utility Area
  • Downstairs Bathroom
  • New EICR issued in 2026, valid for five years for rental use.
  • EPC Energy Rating - D
  • Council Tax Band - A (Lincoln City Council)

CURRENTLY VACANT - INVESTMENT & RESIDENTIAL OPPORTUNITY - THREE BEDROOM EX-HMO PROPERTY – An excellent opportunity to acquire a highly sought-after mid-terraced property in Lincoln's popular West End, ideally positioned within easy walking distance of the University of Lincoln and City Centre. The property is currently vacant and was previously let to students since 2013, producing approximately £17,000 per annum inclusive of bills for the 2025/26 academic year. Currently configured as a three-bedroom HMO and sold with furnished (if required), the property offers an immediate opportunity for an investor to return it to the student rental market, with a Class C4 Certificate and a new EICR issued in 2026 and valid for five years for rental use. The property is offered with vacant possession following the tenants' departure in July 2026. Alternatively, for a residential purchaser, the accommodation could readily be reconfigured to create an attractive two bedroom, two reception room home. 

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 Bishop Grosseteste University. 

LOUNGE 12' 1" x 10' 8" (3.70m x 3.26m) With staircase to the first floor, storage cupboard, tiled flooring and radiator. 

KITCHEN 10' 2" x 8' 2" (3.10m x 2.51m) With a range of wall, base units and drawers with work surfaces over, electric oven and hob with extractor fan, stainless steel sink with side drainer and mixer tap over, wall mounted gas fired central heating boiler, space for fridge freezer and dishwasher, tiled splash-backs, tiled flooring and double glazed window to the side aspect.  

UTILITY AREA With storage cupboard, space for washing machine, tiled floor and entrance door. 

BATHROOM Fitted with a three piece suite comprising of panelled bath with electric shower over and glass shower screen, close coupled WC and pedestal wash hand basin, tiled flooring, radiator and double glazed window to the side aspect. 

BEDROOM 12' 1" x 10' 8" (3.69m x 3.26m) With double glazed window to the front aspect and radiator.  

FIRST FLOOR LANDING With double glazed window to the rear aspect. 

BEDROOM 12' 9" x 12' 1" (3.90m x 3.69m) With double glazed window to the front aspect, spotlights and radiator.  

BEDROOM 12' 1" x 7' 6" (3.69m x 2.30m) With double glazed window to the rear aspect, spotlights and radiator.  

OUTSIDE To the rear of the property is an enclosed rear yard with outbuilding.  

SERVICES All mains services available. Gas fired central heating. 

Property Ref: 102125031539

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