Summary - Woodford Street, Northampton, NN1 NN1 5EN
9 bed 5 bath Block of Apartments
Turnkey investment close to town centre, station and hospital.
Freehold block with three self-contained units and vacant possession
A rare turnkey investment in Northampton’s Abington: a converted end-terrace block arranged as two apartments plus a four-bedroom HMO, recently renovated throughout to a high standard. The three properties are offered freehold with vacant possession, modern kitchens and bathrooms, new electrics and heating, and courtyard gardens to two units. EPC ratings are B and C across the properties, and the HMO licence is currently being renewed.
The layout delivers versatile income options: long-term lets, short-stay/Airbnb or specialist housing (subject to permissions). The ground-floor three-bedroom apartment is pending planning sign-off and adds further flexibility. Practical benefits include mains gas heating, double glazing, converted basement space and excellent local transport links — town centre, train station and hospital are all close by.
Buyers should note material considerations: the property sits in an area with very high crime and higher deprivation, which can affect tenant demand and insurance costs. The HMO licence renewal is in progress and continued operation depends on successful renewal and ongoing compliance. The building is solid-brick Victorian stock with assumed no cavity-wall insulation, so further thermal upgrades could be needed to reduce running costs and meet future standards.
For an investor seeking a largely ready-to-let, multi-unit asset in a city-centre location, this block presents immediate rental potential and scope for modest further value-add works. It’s best suited to buyers who understand HMO compliance, urban letting dynamics and the implications of a higher-crime local environment.
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