Gaunt Street, Lincoln, LN5 7PU

Fully let student investment with income secured until the end of the 2026/27 academic year. A two bedroom end of terrace HMO property arranged to provide three lettable rooms, offering a strong income-producing investment and located just off the High Street. The accommodation comprises of an entrance hall, ground floor bedroom, inner hallway, open plan kitchen/dining/living space and bathroom. To the first floor there are two further double bedrooms.

LOCATION The historic Cathedral and University City of Lincoln has the usual High Street shops and department stores, plus banking and allied facilities, multiplex cinema, Marina and Art Gallery. The famous Steep Hill leads to the Uphill area of Lincoln and the Bailgate, with its quaint boutiques and bistros, the Castle, Cathedral and renowned Lincoln Bishop University.

HMO INVESTMENT Fully let HMO investment. Tenancy secured until end of academic year 2026/27. Fully managed Income 2025/26 - £19,890 per annum (12.83% yield based on asking price) 2026/27 - £20,190 per annum (13.03% yield based on asking price)

ENTRANCE HALL Providing access to a ground floor double bedroom.

INNER HALLWAY With stairs rising to the first floor landing and access to the kitchen/dining room.

KITCHEN/DINER 22' 8 max" x 12' 2" (6.91m x 3.71m) Open plan room incorporating a fitted kitchen with a range of wall and base units, stainless steel sink with mixer tap, gas hob, electric oven with extractor over, windows to the rear and side aspects, laminate flooring flowing through to tiled flooring in the kitchen area and door to the rear yard.

BEDROOM 3 11' 7" x 8' 11" (3.53m x 2.72m) With window and radiator.

BATHROOM Fitted with a three piece suite comprising bath with shower over, WC and wash hand basin, with tiled splashbacks, frosted window and radiator.

FIRST FLOOR LANDING Providing access to two double bedrooms.

BEDROOM 1 14' 9 max" x 12' 2" (4.5m x 3.71m) With window and radiator.

BEDROOM 2 12' 2" x 11' 6" (3.71m x 3.51m) With window and radiator.

OUTSIDE Low maintenance rear yard accessed via the kitchen and on street permit parking available.