Summary - 88 SEMILONG ROAD NORTHAMPTON NN2 6DG
3 bed 2 bath End of Terrace
Chain-free Victorian duplex plus ground-floor flat with conversion potential and garage..
Ground-floor flat currently tenanted — immediate rental income.
A rare freehold Victorian end-terrace split into two self-contained apartments, offered chain-free and generating immediate rental income from the ground-floor tenancy. The first/second floor is a generous duplex with two double bedrooms and a large living/dining space; the ground floor provides a one-bedroom flat already let. This layout suits investors seeking instant cashflow, multi-generational owners, or a home-and-income buyer.
Significant upside lies in the large cellar, which already has plumbing, electricity and independent access. Subject to planning permission, this space could be converted to a further two-bedroom unit to increase rental yield or resale value. The property also includes a double garage with an electric roller door and a small enclosed courtyard garden — useful for tenants or storage.
The house is a period property and will need some modernisation and energy improvements (solid brick walls, assumed no insulation). The neighbourhood shows high crime and high area deprivation indicators, which will affect tenant profiles and yields. Planning for cellar conversion is not yet approved; any development or major works should be budgeted and confirmed with the local authority. Council tax is low and broadband/mobile connectivity are strong, supporting rental demand from students and nearby workers.
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