Terraced house for sale in May Crescent, Lincoln LN1

5 bed HMO! Located within the most popular student area of Lincoln is this very well presented House of Multiple Occupancy on May Crescent. Spacious accommodation briefly comprises entrance hallway, 13'8 lounge, 13'11 kitchen, 5 well proportioned bedrooms (two to the ground floor and three to the first floor) and two first floor bathrooms. The property is currently let until summer 2024 and generates an income of £19,200 which represents a gross return of 8.73%. We are advised by the sellers that the current income has been offered as a favourable rental amount for quality returning tenants and therefore revenue is anticipated to be considerably higher in the future. Call today for more info! Council tax band: B. Freehold.

Entrance Hallway

Having uPVC front entrance door, laminate wood effect flooring, radiator and stairs rising to first floor.

Lounge (13' 8'' x 7' 6'' (4.16m x 2.28m))

Having laminate wood effect flooring, radiator, understairs storage cupboard and uPVC door leading to garden.

Kitchen (13' 11'' x 8' 6'' (4.24m x 2.59m))

Having a range of matching wall and base units, stainless steel sink unit with mixer taps over, space for a range of appliances and laminate wood effect flooring.

Bedroom 1 (12' 9'' into bay x 11' 9'' max (3.88m x 3.58m))

Having walk-in bay window to front aspect, radiator and ornate coving.

Bedroom 2 (12' 10'' x 8' 1'' (3.91m x 2.46m))

Having radiator and coved ceiling.

First Floor Landing

Bedroom 3 (11' 8'' max x 10' 11'' (3.55m x 3.32m))

Having radiator.

Bedroom 4 (13' 0'' x 8' 8'' (3.96m x 2.64m))

Having radiator.

Bedroom 5 (10' 11'' x 7' 4'' (3.32m x 2.23m))

Having radiator.

Bathroom

Having 3 piece suite comprising panelled bath with electric shower appliance and glass shower screen over, pedestal wash hand basin, low level WC, wood effect vinyl flooring and extractor.

Shower Room

Not inspected, details to follow.

Outside Rear

To the rear of the property there is a garden area comprising path patio and concrete courtyard, outside lighting and cold water tap.