Terraced House for sale on
Weedon Road
Northampton, NN5

£289,995
641
Call Us 01604 801962

Features

  • 6 Bedroom, 4 Bathroom HMO
  • Licensed for 7 people
  • Full Occupancy - operating successfully
  • Approx £36,000 pa income with potential to increase
  • Great Location for HMO
  • Council Tax Band: B

Description

Tenure: Freehold

An opportunity to acquire this established 6 bedroom HMO which is offered to the market which is in a great location on the main Weedon Road in St James. Reluctant sale - owner lives elsewhere in the UK and is focussing on properties closer to home.
It consists of 6 big rooms (all doubles), 4 bathrooms, and a decent sized communal living area. There is also a shared courtyard garden to the rear.
Being sold as a going concern, this HMO is in a great location on the main road in St James with transport links to many parts of town outside the front door - which is why the owner has had it fully occupied for nearly all of his ownership period.
The unit is licensed for 7 occupants and generates circa £36,000 per annum in terms of income and is, by the owner's own admission, slightly under-rented. Tenants have mostly long-standing and all are working.
There are no issues with the running of the HMO.

Draft Details.

At the time of print, these particulars are awaiting approval from the vendor(s).

Disclaimer.

We endeavour to make our sales 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. Any 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 measurements have been taken as a guide to prospective buyers only, and are not precise. 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 by separate negotiation.

Documents

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