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Investment Opportunity Comprising Two Substantial Victorian Terraced Houses

Investment Opportunity Comprising Two Substantial Victorian Terraced Houses

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Auction date

26 Feb 2026

Guide price

£533,000

Type

House

Tenure

Freehold

EPC Rating

D

Status

Ended

Auction location placehbolder

Description

This is an investment opportunity featuring two adjoining Victorian terraced houses, organized as fully licensed 7 bedroom HMOs, amounting to 14 bedrooms in total. The current combined income is £61,908 per annum, with three empty units allowing for potential increased rental income of around £85,000 per annum when fully let.

Both houses have recently undergone significant renovations, with one being refurbished throughout. Currently, there are shared bathrooms, but there is room for adding en-suite facilities to many of the bedrooms.

The total area is approximately 263.38 m². Located a mile from Lincoln University and less than half a mile from Lincoln College, these properties are conveniently situated near the town center.

Last update: 05 Mar 2026

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