Property With Potential logo Property With Potential - return to homepage
7 bed property, in Mill Road, £400,000
>

Sponsored Get a Survey — free quotes via ReallyMoving

7 bed terraced house

Mill Road, Kettering, Northamptonshire, NN16
Planning
£400,000
-21.6%

Price History

Initial price £510,000
May 29, 2026 £490,000
Jun 10, 2026 £400,000
Price Change -21.6%

Our Summary

  • ________________________________________ Key Investment Highlights Legally Compliant & Fully Approved * Sui Generis HMO planning approval Council application link (North Northamptonshire): CLICK HERE * Valid HMO licence in place Council register link: CLICK HERE High Rental Demand Area Located in Kettering, a thriving commuter town with strong employment, good transport connectivity, and ongoing regeneration-making it ideal for professional tenants
  • Sui generis planning, expansion flexibility Rare planning class allowing: * Larger HMOs * Potential to further upgrade communal spaces * Opportunity to add premium features for even higher rents 4
  • With a net yield of just over 9%, full planning approval, licensing, and professional tenants already in situ, this property is a turnkey investment opportunity and a rare find in one of Kettering's most consistent rental areas

Get alerted when similar properties are listed — Subscribe

Description

The property is a modern, 7-bedroom HMO located on Mill Road in Kettering. It has sui generis planning consent and a current HMO licence from North Northamptonshire Council. The property is fully occupied by working professional tenants, with each room rented at £625-£850 per month.

The total monthly income is £4,600, resulting in a total annual income of £55,200. The operating costs are approximately £9,172 per year, leaving a net annual income of £46,028.