Main image of 4 bedroom Mid Terrace House for sale, Vernon Street, Lincoln, Lincolnshire, LN5
Dining Room
Play property trailer
Image 3
Outside
Bedroom 1
Kitchen
Living Room
Bedroom 1
Bedroom 1
Bedroom 1
Kitchen
Dining Room
£170,000 Offers in excess of

4 bedroom Mid Terrace House for sale,
Vernon Street, Lincoln, Lincolnshire, LN5

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Features and Description

  • Four Bedroom HMO
  • Tenants Paying £105 Per Week (bills inclusive)
  • City Centre Location
  • EPC Grade D
  • City of Lincoln Council
  • Council Tax Band A
  • Walking Distance to the University
  • No Onward Chain

***FULLY LET FOUR BEDROOM HMO. GROSS YIELD OF 12.8%***

Welcome to 45 Vernon Street. This traditional Four bedroom bay fronted Mid-Terraced is being sold with NO ONWARD CHAIN and is fully let for 2025/2026 with the current tenants paying £105 per week (bills included) resulting in a gross annual return of £21,840.

The property briefly comprises; Hall, Living Room, Dining Room, Kitchen, Bathroom, Four Bedrooms, Shower Room. Parking is available On Street (permit required through the Council) & there is a rear Courtyard.

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

Hall

Side entrance door, stairs rising to first floor.

Living Room

11'11" x 11'5" (3.64m x 3.48m)

Double glazed bay window to front aspect, fire surround, radiator.

Vernon Street, Lincoln, Lincolnshire, LN5

Additional Information

  • Property ref
    LIN250008
  • 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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44-45 Silver Street, Lincoln, LN2 1EH
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Borrowing £153,000 and repaying over 25 years with a 2.5% interest rate.

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Up to 31 March 2025


From 1 April 2025

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.

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Main image of 4 bedroom Mid Terrace House for sale, Vernon Street, Lincoln, Lincolnshire, LN5
Living Room
11'11" x 11'5" (3.64m x 3.48m)

Double glazed bay window to front aspect, fire surround, radiator.

Living Room
Dining Room
11'11" x 11'5" (3.64m x 3.48m)

Double glazed window to rear aspect, radiator.

Dining Room Dining Room
Kitchen
6'4" x 8'2" (1.94m x 2.50m)

Three piece suite comprising of panelled bath with shower fitted over, low level WC, wash hand basin, double glazed frosted window to side aspect, extractor fan, radiator.

Kitchen Kitchen
Bedroom 1
11'5" x 8'5" (3.48m x 2.56m)

Double glazed window to front aspect, radiator.

Bedroom 1 Bedroom 1 Bedroom 1 Bedroom 1
Outside

There is a fully enclosed courtyard to the rear. Parking is available on street but a permit is required which can be purchased through City of Lincoln Council.

Outside
Image 3

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

56

Potential

81

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