29 Vernon Street, Lincoln, Lincolnshire, LN5 7QU

Vernon Street, Lincoln Kinetic Estate Agents presents a superb opportunity for investors seeking an established five bedroom HMO with strong rental income, generous room sizes and a practical layout arranged over three floors.

Currently producing £2,117pcm, equating to £25,404pa, this is a ready-made investment with clear appeal for landlords looking for immediate yield.

What Kinetic Estate Agents Love About This Property “Each bedroom is a genuinely usable size, which is exactly what you want to see in a strong HMO investment.” - Rob Webb, Director “The rental figures are excellent, with a combined income of over £25,000 per year.” - Matt Wilson, Business Development Manager “The loft bedroom adds real flexibility and gives the property a much larger feel than expected.” - Jo Foster, Sales Manager Step Inside The property opens into a hallway with access through to the ground floor accommodation.

Bedroom One is positioned to the front of the property and enjoys a bay-fronted outlook, measuring 4.02m x 3.65m (13'2" x 12'0"), making it a spacious and appealing double room.

To the rear sits the living room, measuring 3.65m x 3.46m (12'0" x 11'4") , with access onward to the kitchen.

The kitchen measures 4.42m x 1.94m (14'6" x 6'4") and leads through to the bathroom, measuring 1.84m x 1.80m (6'0" x 5'11") The kitchen also provides access out towards the garden.

The first floor offers three further bedrooms.

Bedroom Three sits to the rear, measuring 3.45m x 2.59m (11'4" x 8'6") Bedrooms Four and Five are positioned to the front, measuring 3.71m x 2.08m (12'2" x 6'10") and 3.46m x 2.60m (11'4" x 8'6") respectively.

A separate WC is also located on this level. The second floor is home to Bedroom Two, a generous loft room measuring 4.72m x 4.20m (15'6" x 13'9") , providing an excellent additional letting room.

The total floor area is approximately 118.7 sq.m. (1,277 sq.ft.).

Current Monthly Outgoings: Council Tax: £129pcm Water: £100pcm Energy: £230pcm Life in the Vernon Street Area Vernon Street offers a convenient residential setting with strong rental appeal, making it well suited to tenants looking for access to local amenities, transport links and nearby employment areas.

For landlords, the location and room sizes combine to create a practical, income-focused investment.

Material Information (Provided by the Seller) Part A – Key Facts Tenure: Freehold Council Tax Band: A Property Type: Terraced HMO Bedrooms: 5 Bathrooms: 1 bathroom plus separate WC Parking: On Road Management Fee: None Part B – Utilities & Services Electricity: Mains, approximately £230pm Water: Mains, approximately £100pm Drainage: Main Heating: Gas Central Glazing: Double Glazed Part C – Other Information Construction: Standard Flood Risk: None Rights & Easements: None Covenants: None Planning Permissions: None These particulars are intended to give a fair and accurate description of the property but their accuracy cannot be guaranteed and they do not form part of any contract.

All measurements, floor areas and distances are approximate and provided for guidance only.

Kinetic Estate Agents have not tested any services, systems or appliances and therefore cannot verify that they are in working order.

Prospective purchasers should rely on their own inspections, surveys and legal enquiries prior to purchase. All utility and service information is believed to be accurate at the time of publication.

Costs, suppliers and arrangements may be subject to change, and prospective purchasers are advised to make their own enquiries to verify current details.