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Ely Street, Lincoln, Lincolnshire, LN1 1LT
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Guide Price
£325,000
Mid Terraced House
  • For sale by Live Stream Auction 1st September 2026
  • High quality accommodation
  • Close to University
  • Fully compliant HMO
  • Now vacant
  • Buyers Fee £900 + VAT

For sale by Live Stream Auction 1st September 2026 - High quality accommodation - Close to University - Fully compliant HMO - Now vacant - Buyers Fee £900 + VAT

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About this property

Detailed Description

An outstanding investment opportunity in the heart of Lincoln's thriving student rental market, this substantial six-bedroom, six-bathroom article 4 compliant HMO offers well-presented accommodation ideally positioned for access
to Lincoln University, amenities and transport links.

The property was taken back to brick and extensively refurbished to a very high standard and thoughtfully configured to maximise rental income, with each generously proportioned bedroom benefiting from its own private en-suite
bathroom, providing modern and convenient living for student tenants. 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 the 25/26 yearly rent was £44,880 which ceased
on the 20th July 2026. The property is now for sale with vacant possession to allow the next owner the choice of how they wish to use the property going forward.

Location

Enter Lincoln on the A57 Carholme Road and then turn left onto Hewson Road. Then turn right onto West Parade and left onto Hampton Street. Then turn left onto Richmond Road which leads into Albert Crescent. Finally turn left onto Ely
Street and the property is on your left.

https://what3words.com/ranged.unwanted.race

Services

We understand the property has mains water, electric, gas and main sewer connections. It was also fitted with CAT 5 cabling as part of the refurbishment works.

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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To arrange a viewing contact

5 Oakwood Road, Lincoln, Lincolnshire, LN6 3LH

07919 694232

01522 504318

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