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Carholme Road, Lincoln, Lincolnshire, LN1 1SP - Image 1
Carholme Road, Lincoln, Lincolnshire, LN1 1SP - Image 2
Carholme Road, Lincoln, Lincolnshire, LN1 1SP - Image 3

Carholme Road, Lincoln, Lincolnshire, LN1 1SP

East Midlands

£230,000

Listed on 22/07/2026

The listing

Property details

Bedrooms
4
Type
End Of Terrace

Features

  • Parking

Description

This spacious four-bedroom period property in Lincoln presents a valuable investment opportunity in a highly sought-after area. Located just moments from the University of Lincoln and city centre amenities, this House of Multiple Occupancy (HMO) is currently tenanted, generating an impressive annual income of £25,000 with strong rental yields of around 12.5%. The layout spans three floors, featuring a dormer conversion that adds additional living space, making it ideal for both family use and professional sharers. The home is well-maintained with modern double glazing and a newly installed combi boiler (February 2026), offering peace of mind and efficiency. Despite its robust condition, there is potential for further enhancement to increase value or tailor it to personal tastes. The communal areas are well-planned, including two reception rooms and a practical kitchen, alongside four well-proportioned bedrooms supported by two separate shower rooms. Externally, the property benefits from off-street parking—a rare find in this locality—along with ample on-street options available. Given the strong demand for rental properties in this region, buyers can expect consistent appeal for future tenants or excellent resale potential. This property combines character, space, and strategic location, making it an excellent choice for investors or owners seeking to imprint their style on a valuable asset.

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Map

Location

Carholme Road, Lincoln, Lincolnshire, LN1 1SP
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Finance

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Illustrative repayments based on the asking price, not a mortgage offer.

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£
£
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years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£869
Based on a loan of £172,500 over 30 years at 4.45% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

Tax

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