Summary - 23 OAKLEY STREET NORTHAMPTON NN1 3EP
3 bed 1 bath Terraced
Income-producing three-bed with refurbishment upside near amenities.
Chain free sale with tenants in situ HMO
Town centre location close to amenities and transport
Three bedrooms, one bathroom, approx 851 sq ft total
Solid brick Victorian build; likely no wall insulation
Small garden and limited street parking on a narrow road
High local crime and area deprivation to consider
Low ceilings in places; modest room sizes throughout
Immediate rental income but refurbishment potential required
A straightforward buy-to-let in Northampton town centre, offered chain free with tenants in situ. The mid-terrace Victorian property has three bedrooms, one bathroom and about 851 sq ft of accommodation across two storeys. It currently operates as an HMO, providing immediate rental income for an investor prepared to take on an occupied asset.
The house sits on a small plot with a modest garden and a modern dining room with French doors and wooden floors. Construction is solid brick (circa 1900–1929) with presumed uninsulated walls and relatively low ceilings in places — factors to consider if planning upgrades. Heating is by mains gas boiler and radiators; glazing is double but install date is unknown.
Location is a mixed urban area of students and young families, close to local amenities, cafes and transport links. The surrounding neighbourhood has higher crime levels and greater area deprivation than average; these local conditions affect long-term tenant demand and rent growth dynamics. Nearest schools vary in performance, including at least one rated inadequate.
This property suits an investor seeking an income-producing HMO with immediate occupancy and scope for value-add refurbishment (insulation, possible internal reconfiguration, aesthetic improvements). Important drawbacks to factor into costs are potential wall insulation work, low ceilings limiting some extensions, small plot size and the area’s socio-economic challenges. A viewing with tenancy information and energy/structural reports is recommended before offer.
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