Book a Viewing
To book a viewing for this property, please call Walters of Lincolnshire, on 01522 512 513.
To book a viewing for this property, please call Walters of Lincolnshire, on 01522 512 513.
4 Bedroom Terraced House, Dixon Street, Lincoln, LN5
Dixon Street, Lincoln, LN5
Walters of Lincolnshire
Cromwell House, Crusader Road, Lincoln
Description
A superb investment opportunity in the heart of Lincoln (LN5), this four-bedroom licensed HMO on Dixon Street is ideally suited to investors looking for a high-yielding, ready-to-go rental property in a vibrant and consistently popular location for students and young professionals.
The property has a proven history as a student let and is currently operated as a student property. It is being sold with vacant possession and no onward chain, giving buyers flexibility—whether you’d like to refurbish, reconfigure, or re-let immediately. For investors seeking instant income, we’re also happy to discuss how we can help get tenants lined up while the purchase is progressing, subject to your preferred strategy and timelines. The property also benefits from an active HMO licence (which, per seller information, does not require renewal at this stage).
Internally, the accommodation includes four bedrooms, a communal lounge, and a communal kitchen. The lounge features patio doors opening onto a low-maintenance rear garden, and the bedrooms are serviced by a shower room—an ideal, straightforward layout for shared occupancy.
Income & Yield (guide figures provided):
Rent: £102 per room per week
4 rooms: £408 per week / £1,632 per calendar month
51-week tenancy projection: £20,808 per annum
At £180,000: approx. 10.67% gross yield / 8.36% net yield (Please note the property is advertised for Offers Over £180,000)
Approximate bills (as provided):
Council Tax: £31
Water: £50
Energy: £170
TV licence: £15
Broadband: £33
Insurance: £37
If you’re looking for a strong-yielding HMO in a proven rental location, this is an opportunity not to miss. Contact Walters of Lincolnshire today to arrange your viewing and discuss the investment potential in more detail.
Key Features
- Four-bedroom licensed HMO: Ideal investment opportunity on Dixon Street, Lincoln (LN5)
- Prime student location: Proven track record as a student let, with strong demand potential
- Sold with vacant possession and no onward chain: Flexible purchase for investors
- Active HMO licence in place: No renewal required at this stage (per seller information)
- Strong income potential: £102 per room per week (£408 per week / £1,632 per month)
- Impressive projected annual rent: £20,808 per annum based on 51-week tenancies
- Attractive yield guide: Approx. 10.67% gross / 8.36% net at £180,000
- Communal lounge and kitchen: Practical shared layout for tenants
- Low-maintenance rear garden: Patio doors from the lounge
- One shower room: Servicing all four bedrooms
Property Details
- Property type: House
- Property style: Terraced
- Plot Sq Feet: 1,087 sqft
- Council Tax Band: A
Floorplans
Outside Spaces
Garden
Parking Spaces
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Capacity: N/A
Location
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