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5 bed house for sale Alexandra Terrace, Lincoln

Asking price

£250,000

Added two days ago

Type: Terraced
Bedrooms: 5
Tenure: Freehold

Council tax Band A

About this property

For further details on this property please call us 01522 845845 Book a Viewing Share this Property Features Five Bedroom HMO or Residential Home Previous Gross Income Of £35,048 Gross Yield Of 13.48% Located In Lincoln's West End Proven Track Record Of Full Occupancy Three Floors Communal Living Space Fantastic Investment Opportunity Summary This exceptional 5-bedroom property offers an outstanding opportunity, whether as a high-performing HMO investment or a spacious residential home. Situated in the highly sought-after West End of Lincoln and spanning three floors, the property provides a substantial and well-configured layout suited to a variety of buyers.

Floorplan

Council tax

Band A

Location

Alexandra Terrace, Lincoln

Open map Street View

Mortgage and stamp duty

Property price £250,000

£125k £375k

Deposit10% £25,000

£0 £250k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £225,000 mortgage. Most lenders would want a household income of about £50,000 to support it.

A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.