Dixon Street, Lincoln, LN5

Details

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.