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4 bed house for sale Florence Street, Lincoln

Asking price

£175,000

Added two days ago

Type: Terraced
Bedrooms: 4
Tenure: Freehold

About this property

For further details on this property please call us 01522 845845 Book a Viewing Share this Property 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 Summary 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.

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Location

Florence Street, Lincoln

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Mortgage and stamp duty

Property price £175,000

£87k £263k

Deposit10% £18,000

£0 £175k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £157,000 mortgage. Most lenders would want a household income of about £35,000 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.