Main image of 4 bedroom Mid Terrace House for sale, Severn Street, Lincoln, Lincolnshire, LN1
Kitchen
Living Room
Shower Room
Bedroom 1
Outside
Bedroom 2
Bedroom 3
Bedroom 4
Living Room
Kitchen
Outside
£200,000 Offers in the region of

4 bedroom Mid Terrace House for sale,
Severn Street, Lincoln, Lincolnshire, LN1

Features and Description

  • Four Bedroom HMO
  • Bay Fronted Terraced
  • Near Lincoln University
  • EPC Grade D
  • City of Lincoln Council
  • Council Tax Band A
  • Potential Annual Gross Return of £21,320
  • No Onward Chain

***FOUR BEDROOM HMO LOCATED CLOSE TO LINCOLN UNIVERSITY*** Having always been let as a HMO by the current vendors, this bay fronted Mid-Terraced is the perfect next addition to the investment portfolio. Offering a gross rental yield of over 10% and a return of £21,320 over 52 weeks.

Briefly comprising; Hall, Four Bedrooms, Living Room, Kitchen, Shower Room. Externally benefitting from a low maintenance Courtyard to the rear.

Freehold/City of Lincoln Council-Band A/EPC Grade D.

Hall

uPVC entrance door, stairs rising to first floor.

Bedroom 2

11'0" x 11'2" (3.36m x 3.40m)

Double glazed bay window to front aspect, radiator.

Severn Street, Lincoln, Lincolnshire, LN1

Additional Information

  • Property ref
    LIN240452
  • EPC
    D
  • Tenure
    Freehold
  • Council Tax
    A
  • Local authority
    City Of Lincoln Council
Anita Cragg Branch Manager
Anita Cragg
Area Director

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Your Move Estate Agents Lincoln

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Borrowing £180,000 and repaying over 25 years with a 2.5% interest rate.

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This calculator provides a guide to the amount of residential stamp duty you may pay and does not guarantee this will be the actual cost. This calculation is based on the Stamp Duty Land Tax Rates for residential properties purchased from 23rd September 2022 and second homes from 31st October 2024. For more information on Stamp Duty Land Tax, click here.

Nearby locations
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Floorplan
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Main image of 4 bedroom Mid Terrace House for sale, Severn Street, Lincoln, Lincolnshire, LN1
Bedroom 2
11'0" x 11'2" (3.36m x 3.40m)

Double glazed bay window to front aspect, radiator.

Bedroom 2
Living Room
15'3" x 11'7" (4.66m x 3.53m)

Double glazed window to rear aspect, radiator.

Living Room Living Room
Kitchen
14'6" x 6'3" (4.42m x 1.91m)

Being fitted with a range of eye level wall and base units with contrasting work surfaces fitted over, electric oven with 4 ring electric hob with stainless steel extractor hood over, one and a half bowl stainless steel sink unit with drainer and mixer tap over, space for fridge freezer, space and plumbing for appliances, double glazed window to side aspect, uPVC frosted side door, wall mounted Ideal logic gas combination boiler, radiator.

Kitchen Kitchen
Shower Room
7'5" x 6'3" (2.27m x 1.90m)

Comprising of shower cubicle, low level WC, pedestal wash hand basin, double glazed frosted window to side aspect, stainless steel heated towel rail, radiator.

Shower Room
Bedroom 1
11'3" x 11'1" (3.42m x 3.37m)

Double glazed window to front aspect, radiator, storage cupboard.

Bedroom 1
Bedroom 3
13'6" x 7'3" (4.12m x 2.22m)

Double glazed window to rear aspect, radiator.

Bedroom 3
Bedroom 4
9'6" x 7'2" (2.90m x 2.18m)

Double glazed window to rear aspect, radiator.

Bedroom 4
Outside

Parking is available on street but a permit is required through City of Lincoln Council. The courtyard to the rear is mainly laid to gravel and patio all of which is fully enclosed by brick wall. There is also a brick outbuilding.

Outside Outside

The pin shows the exact address of the property

Energy Efficiency Rating

Very energy efficient - lower running costs

(92 plus) A
(81 - 91) B
(69 - 80) C
(55 - 68) D
(39 - 54) E
(21 - 38) F
(1 - 20) G

Not energy efficient - higher running costs

Current

66

Potential

88

CO2 Rating

Very energy efficient - lower running costs

(92 plus) A
(81 - 91) B
(69 - 80) C
(55 - 68) D
(39 - 54) E
(21 - 38) F
(1 - 20) G

Not energy efficient - higher running costs

Current

N/A

Potential

N/A