Five-bed HMO near Kettering centre delivering immediate income and strong yield..
5-bedroom HMO producing £30,835 gross annually (10.6% ROI)
Freehold mid-terrace, recently redecorated, ready for tenancy
Gas central heating and UPVC double glazing throughout
Small plot with no dedicated parking; garden overgrown, needs landscaping
EPC rating D; solid brick walls assumed uninsulated
Area deprivation and above-average crime—suitable for experienced landlords
Convenient walking proximity to town centre and transport links
Fast broadband and excellent mobile signal, good for renters
A newly redecorated five-bedroom mid-terrace in central Kettering, set up as an HMO and offered freehold. The property currently produces a gross annual income of £30,835, reflecting an advertised 10.6% ROI — an immediate-income asset for a buy-to-let investor wanting hands-on management. Accommodation is arranged over two floors with one en-suite, a communal shower room, and a generous fitted kitchen with integrated appliances.
Practical features include gas central heating, UPVC double glazing and recently refreshed interiors, reducing short-term refurbishment spend. The location is within easy walking distance of Kettering town centre, bus routes and local amenities; broadband and mobile signal are strong, supporting tenant demand from private renters and new arrivals in the area.
Be clear about known limitations: the property sits in a deprived area with above-average crime statistics, has a small plot and no dedicated parking, and the EPC is D. The construction is solid-brick terrace (circa 1900–1929) with assumed no wall insulation, which may affect running costs and longer-term improvement plans.
This is a straightforward income-producing HMO for an investor who prioritises yield and close-to-town convenience over space or a high-spec EPC. The garden is low-maintenance but currently overgrown and will need basic landscaping. Buyers should budget for incremental energy-efficiency upgrades and routine HMO management costs.
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