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House For Sale £350,000
Pennell Street, Lincoln


Description
Welcome to this exceptional 8-bedroom House in Multiple Occupation (HMO), designed for both comfort and investment. Boasting spacious accommodation spread over multiple floors, this property offers an ideal opportunity for savvy investors seeking high rental yields.

With extensive parking facilities, convenience is paramount for both tenants and visitors. Currently generating a gross rent of £46,080, this property represents a lucrative investment opportunity with proven income potential.

Each of the eight bedrooms is thoughtfully designed to provide residents with comfort and privacy, creating a desirable living environment. Whether utilised as a long-term rental or as short-stay accommodation, the versatility of this property ensures a steady stream of income.

Don’t miss out on the chance to own this prime investment property, perfectly positioned to capitalise on the growing demand for quality housing in the area.

PLEASE NOTE: This property does require modifications in order to comply with council specifications for HMO properties, details can be provided upon request. Upon completion, it is likely that the rental income can be increased quite substantially.

Follow the link for more information:
        
onthemarket.com

  
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