This three-storey terraced home on Lower Adelaide Street in Semilong, Northampton, offers a unique opportunity for both residential buyers and investors. Previously used as a licensed HMO for student accommodation, the property has a 10-year history of rental income and is currently covered by a Temporary Exemption Notice until July 2025. The home features a versatile layout, including a front reception room, central living area, kitchen, private courtyard garden, and three bedrooms on the first floor. The basement level provides additional storage and workspace. Located just a short walk from Northampton town centre, train station, and the University of Northampton's Waterside Campus, the property benefits from excellent connectivity, local amenities, and strong rental demand. With ample on-street parking and a mortgage specifically for HMOs, this property presents a smart choice for buy-to-let investors or first-time buyers seeking flexible living in a central location.