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For sale
£175,000

Florence Street, Lincoln, LN2 5LR

4bedrooms
1bathroom
Terracedtype
Freeholdtenure

Listed 26 Feb 2026 · Lincoln

How the price compares

This home£175,000
Median 4 bed in LN2£300k15 homes listed · £199 per sq ft
Difference-42%below the area median

Key features

  • HMO Investment Property
  • Four Bedrooms
  • Annual Tenancy Returns £22,185
  • Gross Yield Of 11.99%
  • City Centre Location
  • Tenancy 10/8/26 - 02/08/27
  • C3 & C4, Flexible Use Confirmed
  • No Onward Chain

About this home

11.99% Gross Yield HMO Investment Property - Located off Lincoln's Monks Road is this 4 bedroom HMO property in good condition throughout with a year long tenancy agreed and beginning in August 2026. The tenancy will return £22,185 for the year and will be managed through Student Housing of Lincoln. The home itself has accommodation over 3 floors, with the ground floor having a bedroom, kitchen and communal living space. The first floor includes two bedrooms and the 3 piece bathroom suite, whilst the final second floor is solely for the final bedroom. Externally, there is a low maintenance garden for easy maintenance. The Monks Road area is a short ten minute walk to Lincoln's main attractions and retail area, whilst the immediate area also has nearby amenities and quick access to Lincoln County Hospital. The property is sold with tenants in situ, for those wanting to purchase the property without a tenant this is only possible subject to the payment of a termination fee to Student Housing. No Onward Chain. EPC Rating D. Council tax band: Freehold.

Property details

Property type
Terraced
Council tax band
A
Tenure
Freehold
Garden
Yes

Floorplan

Floorplan 1

Location

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  • Lincoln Central Station0.7 mi
  • Hykeham Station3.9 mi

What nearby homes sold for

Median sold prices in LN2 over the last 12 months: detached £340k · semi-detached £218k · terraced £170k · flat £117k.

AddressTypeSoldPrice
15 Florence Street
Lincoln LN2 5LR
Terraced
Freehold
17 Jul 2026£145,000
53a, Florence Street
Lincoln LN2 5LR
Other
Freehold
26 Mar 2026£100,000
23 Florence Street
Lincoln LN2 5LR
Terraced
Freehold
9 Jan 2026£111,250
55 Florence Street
Lincoln LN2 5LR
Terraced
Freehold
18 Aug 2025£120,000
49 Florence Street
Lincoln LN2 5LR
Terraced
Freehold
15 Aug 2025£90,000
10 Florence Street
Lincoln LN2 5LR
Terraced
Freehold
6 Aug 2025£102,500
43 Florence Street
Lincoln LN2 5LR
Terraced
Freehold
16 Jul 2025£118,500

Contains HM Land Registry data © Crown copyright and database right 2026. Licensed under the Open Government Licence v3.0. All sales in LN2

Buying costs

Monthly repayment£875£17,500 deposit · £157,500 loan
Stamp Duty£1,000England rates

Estimates only, using rates in force from April 2025. Check GOV.UK, Revenue Scotland or the Welsh Revenue Authority and speak to a mortgage adviser before you offer.

Listed by Starkey & Brown, Lincoln on Rightmove (original listing). First listed 26 Feb 2026; details checked 7 Nov 2026. Latest change: added on 23/10/2026.

Agent disclaimer

Disclaimer - Property reference 12820520. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Starkey & Brown, Lincoln. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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