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£320,000 Asking price

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

Johnny Bailey Branch Manager
Johnny Bailey
Branch Manager
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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.

IMPORTANT NOTE TO POTENTIAL PURCHASERS:
We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are travelling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the seller.

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

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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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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