Summary - 15 LEICESTER STREET KETTERING NN16 8EG
4 bed 4 bath Terraced
Income-ready HMO close to transport and local amenities.
Four double bedrooms configured as an HMO with tenants in situ
This mid-terraced four-bedroom property is presented as an established HMO with tenants in situ, located within easy walking distance of Kettering town centre and train station. The layout — four double bedrooms, three ensuite shower rooms plus a communal living/kitchen area — is already set up for multi-occupancy and offers immediate rental income for an investor prepared to take on tenancy management.
Practical positives include a modern-style fitted kitchen, double glazinginstalled after 2002, mains gas central heating with boiler and radiators, and a rear garden. The property is freehold and council tax is very low, which helps running costs. Broadband speeds and mobile signal are both strong, supporting tenant demand for reliable connectivity.
Important drawbacks are factual and should influence valuation and ongoing costs: the area records high crime and is relatively deprived, which can affect lettings, insurance and management overheads. The house is small overall with a small plot, and its solid brick walls appear to lack insulation, so energy-efficiency upgrades may be needed to meet future standards and reduce void risk. Tenants are in place — buy-to-let investors must verify tenancy terms, deposit arrangements and any required HMO licensing or local compliance before purchase.
For investors seeking an income-producing asset close to town amenities and transport links, this property offers immediate letting potential and scope for value improvement through energy and aesthetic upgrades. It is best suited to buyers with HMO experience or a letting agent in place to manage tenant and compliance responsibilities.
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