Chaucer Street, Poets Corner... 5 bed terraced house for sale

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Chaucer Street, Poets Corner... 5 bed terraced house for sale

Chaucer Street, Poets Corner, Northampton NN2
£315,000

Our Summary

  • Generating a healthy income in the region of £38,000 per annum providing a circa 12% gross yield, with excellent occupancy rates, this represents an exciting investment opportunity

Description

This modern terraced property is being sold as a licensed HMO, generating a healthy income of £38,000 per annum with a gross yield of around 12%. The property offers five bedrooms, three bathrooms, a communal kitchen/living room, and a well-maintained rear garden. The property is partially double-glazed and has gas radiator heating. With excellent occupancy rates, this presents an exciting investment opportunity. The property is being sold as an individual unit or as part of a portfolio of eight HMOs across the town, making it an attractive option for investors or those looking to expand their property portfolio.