4 bed terraced house for sale

Vernon Street, Lincoln LN5

Starkey&Brown are delighted to offer for sale with no onward chain this immaculate four-bedroom HMO property situated in a city centre location. The property is currently tenanted for the 2026/2027 educational year to three students, each renting a room at £115 per week over a 51-week contract. This generates a total annual rental income of £17,595, representing an annual gross yield of 10.35% based on the asking price. Maintained in immaculate condition throughout, the property sits in a highly desirable location close to everything Lincoln city centre has to offer. Most importantly for student lets, it sits within a short 10-minute walk to the University of Lincoln, making it a popular choice for tenants. For further details or to arrange a viewing request, please contact Starkey & Brown. Council tax band: A. Freehold.

Entrance Hall

The property is approached via a shared side passageway leading to a private front door entry on the side aspect. The welcoming entrance hall provides direct access into Bedroom One and continues through into the main communal living room.

Bedroom 1 (12' 7'' x 11' 0'' (3.83m x 3.35m))

Located on the ground floor, this spacious double bedroom features a uPVC double-glazed window to the front aspect, a single radiator, and a coved ceiling.

Living Room (12' 1'' x 12' 0'' (3.68m x 3.65m))

A comfortable communal living space featuring a uPVC double-glazed window looking out to the rear aspect. The room includes a single radiator and a practical understairs storage cupboard, which houses the meters and the consumer unit. From here, an opening leads directly into the kitchen.

Kitchen (5' 10'' x 9' 3'' (1.78m x 2.82m))

The kitchen is fitted with a matching range of wall and base units overlaid with counter worktops. It includes a four-ring hob with an extractor hood over and an integrated oven below, alongside ample space and plumbing for white goods. The space is filled with natural light via a uPVC double-glazed window to the side aspect, while a uPVC double-glazed door leads out to the side, giving access to the rear garden.

Bathroom (8' 3'' x 6' 0'' (2.51m x 1.83m))

Accessed via the kitchen, this neatly presented bathroom features a three-piece suite comprising a panelled bath with a shower head attachment over, a low-level WC, and a vanity wash hand basin with integrated storage. The room is completed by a single radiator, a uPVC double-glazed window to the side aspect, and a built-in cupboard housing the gas central heating boiler.

First Floor Landing

Stairs rise from the ground floor to a first-floor landing, which provides independent access to the three remaining bedrooms.

Bedroom 2 (13' 9'' min x 7' 9'' (4.19m x 2.36m))

A well-proportioned bedroom featuring a uPVC double-glazed window to the front aspect and a single radiator.

Bedroom 3 (8' 11'' x 12' 2'' (2.72m x 3.71m))

Another spacious bedroom including a uPVC double-glazed window overlooking the rear aspect and a single radiator.

Bedroom 4 (8' 1'' x 11' 11'' (2.46m x 3.63m))

The final bedroom is equipped with a uPVC double-glazed window to the front aspect and a single radiator.

Outside Rear

To the rear of the property is a fully enclosed, low-maintenance courtyard garden, which offers a private outdoor space and access to a secure, brick-built outbuilding ideal for storage.

Outside Front

The front of the property features a neat dwarf wall perimeter and offers access to the shared side passageway, which leads round to the main entrance door.