Block of flats for sale in Montagu Street, Kettering NN16

Venture Commercial are pleased to introduce this 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.

Take advantage of this exceptional investment opportunity in Kettering, Northamptonshire, and secure an asset with steady rental income potential. Whether you're a seasoned investor or exploring the property market for the first time, this residential property promises long-term financial growth and stability.

Don't miss out on this attractive investment opportunity in a prime location.

Location: Situated in Kettering, Northamptonshire, this residential property benefits from its proximity to essential amenities, transportation links, and educational institutions. Its convenient location enhances its appeal to potential tenants, ensuring high demand for rental accommodation in the area. Kettering offers a vibrant community atmosphere, with local shops, restaurants, and recreational facilities nearby. Tenants enjoy a well-rounded living experience, making this property an attractive option for those seeking both convenience and lifestyle amenities.