5 bed terraced house

>

5 bed terraced house

Leicester Terrace, Northampton, Northamptonshire NN2
£295,000

Our Summary

  • The property would benefit from some updating which may enhance the potential for increased rental return and capital growth
  • Large cellar divided into useful storage rooms (with scope for conversion)
  • Fabulous Investment Opportunity - tenants in situ

Description

This fully licensed, 3-storey, 5-bedroom house in multiple occupation (HMO) is a character property that offers spacious accommodation across four floors, retaining some period features while catering to modern tenant needs. The property has a communal kitchen/dining area, laundry room, bathroom, and five generously sized bedrooms. The ground floor features a large kitchen/diner, a double bedroom, and a cloakroom/laundry room, while the first and second floors offer additional bedrooms and a bathroom. The property has a walled hardstanding garden/patio area to the rear and is located within walking distance of Northampton Town Centre, Northampton Train Station, and The Racecourse. The current landlord has declared an achievable income of £2,900 per month, and the property would benefit from some updating to enhance its potential for increased rental return and capital growth.
Get a Mortgage Quote