£282,500
5 bed property for saleLutterworth Road, Northampton NN1
5 beds
2 baths
EPC Rating: D
Freehold
About this property
Licensed 5 Bed HMO
Potential gross rental income of approximately £31,500 per annum
Two Shower Rooms
20' Kitchen / Diner
Separate Utility Room
Vacant Possession
Double Glazed & Gas Central heating
Whites Estate Agents are pleased to offer this substantial five bedroom property situated on Lutterworth Road in the popular Abington area of Northampton. Currently vacant and benefiting from a current HMO licence for five occupants the property offers an excellent investment opportunity or the potential to be used as a spacious family home with two shower rooms.
Potential gross rental income of approximately £31,500 per annum based on an estimated £525 per room per calendar month, subject to full occupancy.
The accommodation comprises five bedrooms a modern fitted kitchen with communal living and dining area, two shower rooms, utility room and downstairs WC. Further benefits include a basement, rear garden, double glazing and gas central heating.
Conveniently located close to Northampton town centre, Abington Park, Wellingborough Road, Northampton General Hospital and the University of Northampton.
Offered freehold with vacant possession. The existing HMO licence is not transferable and purchasers wishing to continue operating the property as an HMO will need to apply for a new licence. Purchasers should make their own enquiries regarding licensing and any necessary planning permissions.
Potential gross rental income of approximately £31,500 per annum based on an estimated £525 per room per calendar month, subject to full occupancy.
The accommodation comprises five bedrooms a modern fitted kitchen with communal living and dining area, two shower rooms, utility room and downstairs WC. Further benefits include a basement, rear garden, double glazing and gas central heating.
Conveniently located close to Northampton town centre, Abington Park, Wellingborough Road, Northampton General Hospital and the University of Northampton.
Offered freehold with vacant possession. The existing HMO licence is not transferable and purchasers wishing to continue operating the property as an HMO will need to apply for a new licence. Purchasers should make their own enquiries regarding licensing and any necessary planning permissions.
Mortgage calculator
Monthly repayment
£1,413 per month
Whole of market comparison
70+ lenders and 10,000+ products
The monthly repayments provided are estimates and should be used as a guide only. The actual amount you can borrow will depend on your personal financial situation and subject to a full application. For a more precise estimate, please use the Mojo mortgage calculator. Your home or property may be repossessed if you do not keep up repayments on your mortgage.



.gif)