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.
1/10
£225,000
4 bedroom Mid Terrace House for sale, Good Lane, Lincoln, Lincolnshire, LN1
Features and Description
- Fully Licensed HMO
- Mid-Terraced
- Let to Students
- Four Bedrooms
- Annual Gross Return of £17,976
- City of Lincoln Council
- Council Tax Band A
- EPC Grade D
15 Good Lane, Lincoln, LN1 3EH
Positioned in the highly sought-after Uphill area of Lincoln, this well-located four-bedroom HMO presents an excellent turnkey investment opportunity. Let to students and secured on a tenancy agreement through to September 2026, the property offers immediate and reliable rental income.
The property is ideally situated for student tenants, benefiting from easy access to Lincoln’s historic Uphill district, 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 four 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 A/EPC Grade D.
Bedroom 1
10'9" x 9'9" (3.28m x 2.97m)
Living Room
12'0" x 10'11" (3.66m x 3.34m)
Kitchen
6'9" x 6'4" (2.05m x 1.94m)
Bathroom
6'8" x 6'4" (2.04m x 1.93m)
Bedroom 2
9'1" x 9'10" (2.78m x 2.99m)
Bedroom 3
9'4" x 8'1" (2.84m x 2.47m)
Bedroom 4
14'6" x 6'6" (4.42m x 1.99m)
Outside
Fully enclosed courtyard to the rear.
Note to Investors
Currently let to students until September 2026 achieving £1498 per calendar month resulting a gross annual return of £17,976.
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.
Good Lane, Lincoln, Lincolnshire, LN1
Additional Information
-
Property refLIN260154
-
EPCD
-
TenureFreehold
-
Council TaxA
-
Local authorityCity Of Lincoln Council
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Your Move Estate Agents Lincoln
Your Move Lincoln
44-45 Silver Street, Lincoln, LN2 1EH
Mon - Fri09:00 - 17:30Saturday09:00 - 16:00SundayClosed
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Borrowing £202,500 and repaying over 25 years with a 2.5% interest rate.
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Photos
Floorplan
Map view
Street view
Bedroom 1
10'9" x 9'9" (3.28m x 2.97m)
Living Room
12'0" x 10'11" (3.66m x 3.34m)
Kitchen
6'9" x 6'4" (2.05m x 1.94m)
Bathroom
6'8" x 6'4" (2.04m x 1.93m)
Bedroom 2
9'1" x 9'10" (2.78m x 2.99m)
Bedroom 3
9'4" x 8'1" (2.84m x 2.47m)
Bedroom 4
14'6" x 6'6" (4.42m x 1.99m)
Outside
Fully enclosed courtyard to the rear.
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
66Potential
87CO2 Rating
Very energy efficient - lower running costs
Not energy efficient - higher running costs