Summary - 119 UPPER THRIFT STREET NORTHAMPTON NN1 5HR
6 bed 3 bath Terraced
**Standout Features:**
- Established, licensed HMO with six bedrooms and three bathrooms.
- Generating approx. £43,000 annual income with a gross yield of nearly 12%.
- Communal kitchen/living area, utility area, and ground-floor WC.
- Well-maintained rear garden.
- Gas radiator heating and partial double glazing.
- Freehold tenure and council tax band A.
- Chain-free sale.
**Summary:**
Discover this substantial Victorian terraced house, a prime investment opportunity as an established licensed House in Multiple Occupation (HMO). With six well-sized bedrooms and three bathrooms, the property supports a successful rental business, generating approximately £43,000 per year with high occupancy rates, making it an attractive choice for astute investors. The interior features a welcoming communal kitchen/living space, ensuring comfort for tenants while providing ample space for daily activities.
The nicely maintained rear garden adds to the property’s appeal, offering a private outdoor retreat amid the urban setting. Despite its vintage charm, some modernization is suggested to maximize its potential. Strategically located within an area rich in cultural diversity and essential amenities such as schools, healthcare, and leisure facilities, this property not only embodies potential profitability but also promises a community-focused lifestyle. Given its solid income-generating capability and desirable features, this chain-free property is not expected to stay on the market for long; act swiftly to secure this investment gem!
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