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.
1/19
£475,000
6 bedroom Mid Terrace House for sale, Albert Crescent, Lincoln, Lincolnshire, LN1
Features and Description
- Fully Licensed HMO
- Mid-Terraced
- Let to Students
- Six Bedrooms
- Annual Gross Return of £42,000
- City of Lincoln Council
- Council Tax Band B
- EPC Grade D
13 Albert Crescent, Lincoln, LN1 1LX.
Positioned in the highly sought-after Uphill area of Lincoln, this well-located six-bedroom HMO presents an excellent turnkey investment opportunity. Fully let to students and secured on a tenancy agreement through to August 2026 & re-let for the following academic year, the property offers immediate and reliable rental income.
The property is ideally situated for student tenants, benefiting from easy access to Lincoln’s popular West End, a vibrant area known for its independent shops, cafés, and cultural attractions. Its proximity to both universities ensures consistent tenant demand and strong long-term rental prospects.
The property comprises six lettable bedrooms, alongside shared communal facilities including a kitchen and living space, designed to meet the needs of student occupants.
This is a ready-made investment with income already in place, making it ideal for both experienced landlords and those looking to expand their portfolio with a low-void, high-demand asset.
Freehold/City of Lincoln Council-Band B/EPC Grade D.
Living Room
14'8" x 13'5" (4.46m x 4.08m)
Kitchen
14'4" x 13'2" (4.37m x 4.01m)
Bedroom 1
12'0" x 10'12" (3.66m x 3.35m)
En-Suite
5'7" x 4'9" (1.69m x 1.46m)
Bedroom 6
8'10" x 7'5" (2.70m x 2.27m)
Office
12'2" x 7'3" (3.72m x 2.20m)
Shower Room
6'2" x 4'7" (1.88m x 1.40m)
Bedroom 2
12'2" x 8'10" (3.72m x 2.68m)
En-Suite
4'8" x 5'4" (1.42m x 1.62m)
Bedroom 3
12'4" x 8'9" (3.75m x 2.66m)
En-Suite
4'9" x 5'3" (1.46m x 1.61m)
Bedroom 4
10'8" x 8'9" (3.25m x 2.67m)
Bedroom 5
10'9" x 8'8" (3.28m x 2.64m)
Shower Room
3'5" x 6'0" (1.05m x 1.84m)
Outside
Fully enclosed garden to the rear of the property.
Note to Investors
Currently let to students achieving £3500 per calendar month resulting a gross annual return of £42,000.
IMPORTANT NOTE TO POTENTIAL PURCHASERS:
We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are travelling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the seller.
Albert Crescent, Lincoln, Lincolnshire, LN1
Additional Information
-
Property refLIN260153
-
EPCD
-
TenureFreehold
-
Council TaxB
-
Local authorityCity Of Lincoln Council
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Your Move Estate Agents Lincoln
Your Move Lincoln
44-45 Silver Street, Lincoln, LN2 1EH
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Photos
Floorplan
Map view
Street view
Living Room
14'8" x 13'5" (4.46m x 4.08m)
Kitchen
14'4" x 13'2" (4.37m x 4.01m)
Bedroom 1
12'0" x 10'12" (3.66m x 3.35m)
En-Suite
5'7" x 4'9" (1.69m x 1.46m)
Bedroom 6
8'10" x 7'5" (2.70m x 2.27m)
Office
12'2" x 7'3" (3.72m x 2.20m)
Shower Room
6'2" x 4'7" (1.88m x 1.40m)
Bedroom 2
12'2" x 8'10" (3.72m x 2.68m)
Bedroom 3
12'4" x 8'9" (3.75m x 2.66m)
Bedroom 4
10'8" x 8'9" (3.25m x 2.67m)
Bedroom 5
10'9" x 8'8" (3.28m x 2.64m)
Outside
Fully enclosed garden to the rear of the property.
The pin shows the exact address of the property
Energy Efficiency Rating
Very energy efficient - lower running costs
Not energy efficient - higher running costs
Current
63Potential
80CO2 Rating
Very energy efficient - lower running costs
Not energy efficient - higher running costs