Summary - 66, Semilong Road NN2 6BX
6 bed 2 bath Town House
Large rental income potential near town and station.
Six double bedrooms arranged over four floors
A substantial six-double-bedroom Victorian mid-terrace arranged over four floors, currently set up as an HMO. The converted cellar provides a large open-plan kitchen/living area that opens onto a small, enclosed rear garden; gas central heating and uPVC double glazing are in place for immediate tenant use. The property sits close to local amenities and is an easy walk to Northampton town centre and the train station, giving strong rental appeal for commuters and students.
This house offers clear investor potential: six lettable doubles, two shower rooms plus an extra WC, affordable council tax band C, freehold tenure and a total internal area of about 1,507 sq ft. Broadband speeds are fast and mobile signal is excellent — practical benefits for multiple-occupancy tenants. The surrounding area is characterised by private renting and recent arrivals, supporting steady demand for HMO stock.
There are material issues to factor into acquisition costs. The building is an older solid-brick Victorian with assumed no cavity insulation and an advertised lower energy rating (E). External maintenance is required — notable ivy cover on the adjoining property and some external refurbishment needed. The converted basement has a low ceiling height and mixed finishes, and the site footprint is small with narrow frontage and on-street parking only.
Location and layout suit hands-on landlords or portfolio investors who can manage refurbishment and fit-out improvements to lift energy performance and long-term rents. The asking price of £325,000 reflects the HMO income potential but budget for external works, possible insulation/upgrading, and routine HMO compliance costs when appraising return on investment.
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