Summary - 32 BAKER STREET NORTHAMPTON NN2 6DJ
3 bed 1 bath House of Multiple Occupation
Ready-made rental with central location and immediate income potential.
Licensed three-bedroom HMO with tenants in situ
A fully licenced three-bedroom HMO on Baker Street, offered as a turn-key investment with tenants in situ. The property is close to Northampton town centre and the train station, providing strong rental demand and ease of management for a local landlord.
Accommodation includes three lettable bedrooms, a ground-floor communal room, kitchen, bathroom, and a useful cellar for storage. There is a small rear garden and on-street parking; the house is freehold and currently returns approximately £1,400pcm, with tenants paying their own gas and electric.
The building is a Victorian mid-terrace with period character externally but interiors are basic and in places dated — the living room and some fixtures will benefit from updating. The area is urban with higher crime and deprivation indicators, which investors should weigh against the property’s rental income and central location.
This HMO suits a landlord seeking an immediate income stream and straightforward management. It offers modest scope for value-add through internal refurbishment and improved tenancy terms, but buyers should budget for modernisation and factor local area considerations into rental strategy.
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