Property photos
Freehold
£575,000
(£238.49/sq. ft)
Property for sale
Montagu Street, Kettering, Northamptonshire NN162,411 sq. ft
Local area information
Property location
Nearby amenities
- St Mary's Church of England Voluntary Aided Primary School 0.1 miles
- Kettering Park Junior Academy 0.4 miles
- Kettering 0.8 miles
- Corby 6.1 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guide for Kettering to find out more about the local area.
Features and description
- Freehold
- Investment opportunity
- Two separate units
- Generating rental income
House of Multiple Occupancy (HMO) configuration residential investment portfolio opportunity in Kettering. The Property presents two separate units, each offering a lucrative rental income. The first unit features 3 self-contained en-suite rooms with a shared kitchen dining area. Generating a rental income of £1,800 per calendar month. The second unit comprises 5 en-suite rooms sharing a communal kitchen, along with a studio flat that includes its own kitchen, lounge area, and en-suite room, bringing in a rental income of £3,300 per calendar month.
Both properties are in good condition and come with HMO licenses, ensuring compliance with regulations for multiple occupancy. Generating a annual rental figure of £61,000.
With a variety of lettable spaces, including individual rooms and a self-contained studio flat, the property attracts a diverse tenant base. Whether catering to students, young professionals, or individuals seeking independent living arrangements, this property appeals to a wide range of renters, ensuring consistent occupancy levels.
Both properties are in good condition and come with HMO licenses, ensuring compliance with regulations for multiple occupancy. Generating a annual rental figure of £61,000.
With a variety of lettable spaces, including individual rooms and a self-contained studio flat, the property attracts a diverse tenant base. Whether catering to students, young professionals, or individuals seeking independent living arrangements, this property appeals to a wide range of renters, ensuring consistent occupancy levels.
More information
Listed by
Stimpsons Eves
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