Summary - 49, Nightingale Drive, HARROGATE HG1 4NJ
6 bed 4 bath Terraced
High-yield HMO in Harrogate with immediate income and strong transport links.
Six-bedroom townhouse currently configured as an HMO with communal kitchen
A rare mid-terrace townhouse in Harrogate currently configured as a six-bedroom house in multiple occupation (HMO). The property produces a reported income of £3,380 pcm (£40,560 pa), which equates to a headline yield of approximately 10.5% based on the asking price of £385,000. Three rooms have en-suite facilities; the remaining three share a bathroom and shower room, with a communal kitchen and dining area.
The building is modern brick construction (circa 1996–2002) with double glazing, gas central heating and an attached single garage/driveway. Broadband and mobile coverage are strong, and local public transport links provide easy access to Harrogate and Knaresborough. The location benefits from nearby shops, supermarkets and schools, making it attractive to long-term tenants.
Internally the accommodation is efficient but compact: rooms are generally small-to-average and the floorplan is irregular. The property is sold freehold subject to existing tenancies, so purchasers will take on existing rental agreements. Council tax is above average and communal/shared facilities mean the layout is purpose-built for multiple occupants rather than conventional family living.
For an investor, this offers immediate rental income and reasonable scope to increase net returns through active management or selective refurbishment. For a buyer seeking owner-occupation, expect tighter room sizes and some reconfiguration if converting back to a single-family home. Buyers should satisfy themselves regarding HMO licensing, tenancy details and any necessary maintenance or modernisation works prior to purchase.
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