3-bedroom terraced house · LN5 7PU
For saleListed 211 days
Opportunity summary
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About
Fully let student investment with income secured until the end of the 2026/27 academic year.
A two bedroom end of terrace HMO property arranged to provide three lettable rooms, offering a strong income-producing investment and located just off the High Street.
The accommodation comprises of an entrance hall, ground floor bedroom, inner hallway, open plan kitchen/dining/living space and bathroom. To the first floor there are two further double bedrooms.
LOCATION The historic Cathedral and University City of Lincoln has the usual High Street shops and department stores, plus banking and allied facilities, multiplex cinema, Marina and Art Gallery.
The famous Steep Hill leads to the Uphill area of Lincoln and the Bailgate, with its quaint boutiques and bistros, the Castle, Cathedral and renowned Lincoln Bishop University.
HMO INVESTMENT Fully let HMO investment. Tenancy secured until end of academic year 2026/27.
Fully managed Income 2025/26 - £19,890 per annum (12.83% yield based on asking price) 2026/27 - £20,190 per annum (13.03% yield based on asking price) ENTRANCE HALL Providing access to a ground floor double bedroom.
INNER HALLWAY With stairs rising to the first floor landing and access to the kitchen/dining room.
KITCHEN/DINER 22' 8 max" x 12' 2" (6.91m x 3.71m) Open plan room incorporating a fitted kitchen with a range of wall and base units, stainless steel sink with mixer tap, gas hob, electric oven with extractor over, windows to the rear and side aspects, laminate flooring flowing through to tiled flooring in the kitchen area and door to the rear yard.
BEDROOM 3 11' 7" x 8' 11" (3.53m x 2.72m) With window and radiator.
BATHROOM Fitted with a three piece suite comprising bath with shower over, WC and wash hand basin, with tiled splashbacks, frosted window and radiator.
FIRST FLOOR LANDING Providing access to two double bedrooms. BEDROOM 1 14' 9 max" x 12' 2" (4.5m x 3.71m) With window and radiator. BEDROOM 2 12' 2" x 11' 6" (3.71m x 3.51m) With window and radiator.
OUTSIDE Low maintenance rear yard accessed via the kitchen and on street permit parking available.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
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FAQ
About Gaunt Street, Lincoln
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