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£320,000 Asking price

6 bedroom Mid Terrace House for sale,
St. Michaels Avenue, Northampton, NN1

Features and Description

  • Licensed Six Bed HMO
  • In Need Of Modernisation
  • Two Bathrooms
  • Popular Location
  • No Onward Chain

This fully licensed six-bedroom HMO (House in Multiple Occupation) presents a fantastic opportunity for investors seeking a property with potential. Located in a desirable area, the property is currently vacant and comes with no onward chain, making it ideal for a swift purchase.

While the HMO is fully licensed and compliant with necessary regulations, it requires modernisation throughout. This gives the new owner the flexibility to refurbish and update the property according to their preferences or current market demand. The six spacious bedrooms offer ample living space, and the layout is ideal for creating a comfortable and functional shared living environment.

In addition to the bedrooms, the property includes communal living areas, kitchen facilities, and multiple bathrooms, in line with HMO requirements. The opportunity to enhance the interior with contemporary finishes, fixtures, and fittings could increase both rental income and property value.

With the demand for rental properties in the area remaining strong, particularly in the HMO sector, this property represents a solid investment for those looking to add value and generate a steady stream of income. The absence of an onward chain ensures a smooth and efficient transaction.

St. Michaels Avenue, Northampton, NN1

Additional Information

  • Property ref
    NSL240001
  • EPC
    D
  • Tenure
    Freehold
  • Council Tax
    C
  • Local authority
    West Northamptonshire Council
Johnny Bailey Branch Manager
Johnny Bailey
Branch Manager

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Your Move Estate Agents Abington

Abington Branch Manager
Your Move Abington
296a Wellingborough Road, Abington, Northampton, NN1 4EP
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Borrowing £288,000 and repaying over 25 years with a 2.5% interest rate.

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From 1 April 2025

This calculator provides a guide to the amount of residential stamp duty you may pay and does not guarantee this will be the actual cost. This calculation is based on the Stamp Duty Land Tax Rates for residential properties purchased from 23rd September 2022 and second homes from 31st October 2024. For more information on Stamp Duty Land Tax, click here.

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Energy Efficiency Rating

Very energy efficient - lower running costs

(92 plus) A
(81 - 91) B
(69 - 80) C
(55 - 68) D
(39 - 54) E
(21 - 38) F
(1 - 20) G

Not energy efficient - higher running costs

Current

66

Potential

84

CO2 Rating

Very energy efficient - lower running costs

(92 plus) A
(81 - 91) B
(69 - 80) C
(55 - 68) D
(39 - 54) E
(21 - 38) F
(1 - 20) G

Not energy efficient - higher running costs

Current

N/A

Potential

N/A