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5 bedroom terraced house for sale
Chaucer Street, Poets Corner, Northampton NN2
£325,000
Chaucer Street, Poets Corner, Northampton NN2
£325,000
Our Summary
- Generating a healthy income in the region of £38,000 per annum providing a circa 12% gross yield, with excellent occupancy rates, this represents an exciting investment opportunity
Description
This modern terraced property is being sold as a licensed HMO, generating a healthy income of £38,000 per annum with a gross yield of 12%. The property offers a substantial living space, including an entrance hall, communal kitchen/living room, five bedrooms, three bathrooms, and a well-maintained rear garden. Additionally, it features gas radiator heating and partial double glazing. With excellent occupancy rates, this property represents an exciting investment opportunity, and can be sold as an individual unit or as part of a larger portfolio of 8 HMOs in the town.