- For sale by Live Stream Auction 1st September 2026
- Substantial 5 bed HMO
- Close to University
- Let for 26/27 at £30,090 per annum
- Approval for Loft conversion to add 2 beds
- Buyers Fee £900 + VAT
For sale by Live Stream Auction 1st September 2026 - Substantial 5 bed HMO - Close to University - Let for 26/27 at £30,090 per annum - Approval for Loft conversion to add 2 beds - Buyers Fee £900 + VAT
About this property
Detailed Description
An outstanding investment opportunity in the heart of Lincoln's thriving student rental market. This substantial five
bedroom, two bathroom article 4 compliant HMO offers fully ideally positioned accommodation with great access to Lincoln
University, amenities and transport links. The property has a certificate of lawfulness of proposed use or development from
Lincoln City Council under application 2021/0549/CLP to add a dormer to the loft space to allow two additional bedrooms and an en-suite shower room.
A spacious communal kitchen and living area creates an attractive social hub, whilst maintaining the privacy and
independence increasingly sought by today's student market.The property has been consistently let during our clients
ownership and is fully let for 2026/27 with the total rent of £30,090 per annum. The AST runs from 21st August 2026 - 13th
August 2027 (51 weeks).
Location
Enter Lincoln on the A57 Carholme Road and proceed until you find the property on your left.
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Services
We understand the property has mains water, electric, gas and main sewer connections.
Other
Tenure & Possession
Freehold with vacant possession upon completion.
Viewing
Strictly by appointment with the auctioneers 01522 504360
Completion Date
10% deposit and up to 8 weeks for completion.
Auction Bidder Identity Check
Prior to bidding on any auction lots we are required to verify the identity of the bidder to comply with The Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulation 2017. We also need to complete the remote bidding registration process as this will be a live stream event only. Please contact us on 01522 504360 or lincolnpropertyauctions@brown-co.com
Solicitors
Chloe Kelsey
Adie Pepperdine
3 The Landings
Burton Waters, Lincoln, LN1 2TU
01522 577 088
chloe.kelsey@adie-pepperdine.com
Agent
James Mulhall 01522 504360
lincolnpropertyauctions@brown-co.com
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