9 Hereward Street, Lincoln, Lincolnshire, LN1 3EW

Investment Consideration: Gross Initial Yield: 6.00% Rental Income: £15,600 p.a.

VAT is NOT applicable to this property Comprises 5-bed HMO with communal kitchen, dining room, cinema room and 2 bathrooms Situated within 25 minute walk from the University of Lincoln, a 13 minute walk from Bishop Grosseteste University and a 30 minute walk from the County Hospital.

Property Description: Comprises mid-terrace 5-bedroom HMO, arranged as a ground floor kitchen with separate dining room and 1 bedroom.

First floor provides 2 bedrooms with communal bathroom and second floor provides 2 bedrooms. The basement provides cinema room and communal bathroom.

Ground Floor: 34 sq m (366 sq ft) First Floor: 25 sq m (269 sq ft) Second Floor: 19 sq m (204 sq ft) Basement: 26 sq m (280 sq ft) Total GIA: 104 sq m (1,119 sq ft) HMO Licensed Property (C4 use class) Reference - 2018/1327/CLE.

Tenancy: The property is at present let to Professional R2R Operator on a Guaranteed Rent Agreement for a term of 3 Years from 29th September 2026 at a current rent of £15,600 p.a.

Location: The property is located on Hereward Street within a residential area just a 15 minute walk from Lincoln's City Centre, 25 minute walk from the University of Lincoln, a 13 minute walk from Bishop Grosseteste University and a 30 minute walk from the County Hospital.

The city's train station is located just a 25 minute walk from the property.

The station offers regular connections throughout the country, with regular services running to Newark Northgate, Edinburgh and London Kings Cross.