St Michaels Mount, Northampton, NN1 4JG
£375,000
Financial snapshot
Your initial investment
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Estimated deposit
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Purchase fees
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Your total return by 2036
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Annual return
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Rental growth p.a.
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Cap growth p.a.
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Rental income p.c.m.
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Gross yield
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Indicative returns are based on historic data - please note past performance is not necessarily indicative of future results and actual returns may differ materially from the returns indicated here
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Area highlights
Property snapshot
Terraced house
0 sq ft
7 Bedrooms
3 Bathrooms
Tenanted
Freehold
Overview
Sq Footage TBC - No official measurements. This 7-bedroom terraced house on St Michaels Mount, Northampton (NN1 4JG) presents an attractive investment opportunity with an asking price of £375,000, reflecting a 6.3% discount. Currently tenanted, the property generates an annual rent of £41,280, yielding 13.4%. The property is underlet and expected to achieve £600+ per room, which would increase the expected gross yield to 12.6% or higher. It has planning permission in place for six rooms but is configured and let as a 7-bed HMO with three bathrooms. Located in an Article 4 area with an HMO license for seven tenants, the property promises potential for strong returns. With a net annual cashflow of £36,336, this freehold property is well-positioned for long-term capital growth and profitability.
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