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6 bed house for sale West Parade, Lincoln, LN1

Asking price

£330,000

Added on 23/09/2026

Type: Terraced
Bedrooms: 6
Tenure: Freehold

About this property

GUIDE PRICE £330,000 - £350,000 An excellent investment opportunity to acquire a fully let six-studio HMO situated in a highly convenient Lincoln location. The property offers established rental income and a range of self-contained and studio-style accommodation.

GUIDE PRICE £330,000 - £350,000

An excellent opportunity to acquire a fully occupied six-studio House in Multiple Occupation (HMO), situated within one of Lincoln's most convenient rental locations and offering an immediate income-producing investment. The accommodation is arranged over several floors and comprises six individual studio units, providing a variety of layouts to suit tenant demand. Several studios benefit from integrated kitchen facilities and private ensuite shower rooms, while others are served by separate kitchens or bathroom facilities, all arranged to maximise the property's rental potential.

Floorplan

Council tax

Ask agent

Per year

Band A

£1,549
Band B

£1,807
Band C

£2,065
Band D

£2,323
Band E

£2,839
Band F

£3,356
Band G

£3,872
Band H

£4,646

The agent hasn't said which band this home is in; you can look it up on GOV.UK. In Lincoln, 2026/27 bills run from £1,549 a year in band A to £4,646 in band H.

Figures from MHCLG (Open Government Licence v3): the average bill for each band across Lincoln, including the typical parish precept, so a parish's own bill can differ a little. Discounts lower the bill, such as 25% off for an adult living alone.

Price guide

42 comparables · within 2.9 miles

Cheaper than 60% of the 5+ bed houses for sale nearby right now.

This home, £330,000 Median £425,000 · £220,500 – £895,000

Compared with 42 5+ bed houses for sale within 2.9 miles, on the market now or already under offer. The range is the middle 80% of their asking prices.

Location

West Parade, Lincoln, LN1

Open map Street View

Mortgage and stamp duty

Property price £330,000

£165k £495k

Deposit10% £33,000

£0 £330k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £297,000 mortgage. Most lenders would want a household income of about £66,000 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.

Properties sold nearby

HM Land Registry sales nearby. Floor areas from Energy Performance Certificates where matched.

Address	Type	Sold	Size	Size	£/sq ft	Price
183, West Parade Semi-detached	Semi-detached	Jul 2025	1,023 sq ft £225/sq ft	1,023 sq ft	£225	£230,000
149, West Parade Terraced	Terraced	Jul 2024	2,293 sq ft £137/sq ft	2,293 sq ft	£137	£315,000
179, West Parade Terraced	Terraced	Nov 2016	1,066 sq ft £169/sq ft	1,066 sq ft	£169	£180,000
145, West Parade Terraced	Terraced	Dec 2014	1,604 sq ft £113/sq ft	1,604 sq ft	£113	£182,000
143, West Parade Terraced	Terraced	Oct 2014	1,518 sq ft £117/sq ft	1,518 sq ft	£117	£177,000
169, West Parade Terraced	Terraced	Jul 2014	1,292 sq ft £127/sq ft	1,292 sq ft	£127	£163,500
135, West Parade Terraced	Terraced	Sept 2012	1,432 sq ft £108/sq ft	1,432 sq ft	£108	£155,000
127, West Parade Terraced	Terraced	Apr 2012	1,711 sq ft £70/sq ft	1,711 sq ft	£70	£120,000