£290,000 /Sale price

6 BED HMO!! 10.5% gross return!! Located within the popular uphill area and prime Bishop Grosseteste University and University of Lincoln student location is this fine example of a 6 bedroom, 3 shower room House of Multiple Occupancy on Hereward Street, with tenants in situ from September 2024, providing a healthy income of £30,345. The property has undergone a comprehensive scheme of improvement works and has accommodation which is arranged over four floors as follows: To the basement level there is a communal sitting room and a bedroom. On the ground floor there is a newly fitted kitchen with a door to the rear garden, bedroom and shower room. To the first floor there are 2 bedrooms and 2 shower rooms, and 2 further bedrooms to the second floor. The property also has a pleasant, low maintenance west facing garden. This HMO has a strong rental history over recent years and provides a gross return of 10.5% per annum. Call today to arrange a viewing! Council tax band: A. Freehold.