Summary - 47 YORK ROAD NORTHAMPTON NN1 5QJ
6 bed 3 bath Terraced
**Standout Features:**
- Licensed HMO status, ideal for investors
- Six spacious bedrooms and three bathrooms
- Communal kitchen/living room at basement level
- Enclosed rear garden, perfect for relaxation
- High ceilings and Victorian charm throughout
- Freehold tenure with a strong rental yield potential
**Key Considerations:**
- Located in a high-crime area
- Double glazing installed before 2002 may require updates
- Solid brick walls with presumed lack of insulation
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Discover a remarkable investment opportunity with this substantial Victorian terraced house, perfectly positioned just a short walk from the vibrant town centre and Northampton General Hospital. This licensed HMO features six well-sized bedrooms and three bathrooms, ensuring comfort and convenience for tenants. The communal kitchen and living area, located at the basement level, offers an inviting space for residents, while the enclosed rear garden provides a delightful outdoor escape.
Generously proportioned at 1,367 square feet, the property boasts notable period features and high ceilings, enhancing its charm. Currently generating an impressive income of around £44,000 per annum, with a potential gross yield of approximately 12%, the residence promises a solid return on investment. While the property benefits from gas radiator heating and partial double glazing, being built in the early 1900s may require some updates in insulation and window quality.
Ideal for first-time investors or seasoned landlords looking to expand their portfolio, this property is not just a house; it's a potential lifelong asset in a rapidly evolving neighborhood. Given its attractive rental yield and prime location, seize the moment as opportunities like this evolve quickly!
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