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7 bed terraced house
Mill Road, Kettering, Northamptonshire, NN16
Planning
£400,000
-21.6%
Next Steps
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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
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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.