Northampton, NN2 8DL | Investment Property for Sale | VES-NN2-001

Opportunity to purchase a HMO property in Northampton generating £48,300 rent pa & gross yield of 9.2%


HMO End of Terrace House




Based on

deposit: £131,250

stamp duty: £32,000

mortgage fees: £1,500

conveyancing fees: £1,000






The property





8 bedrooms

8 bathrooms



Fully Furnished

Property information

  • Fully HMO licenced
  • Spread over 3 floors
  • The property had a number of improvements done, see details below
  • 8 x double bedrooms with ensuite shower rooms
  • Each room comes with its own kitchenette
  • Shared kitchen
  • Communal garden
  • Off-road parking for several cars
  • EPC rating D
  • Council tax band A
  • The tenants pay for council tax and TV licence themselves

Improvement works carried out

  • In September 2019 new shower cubicles were installed in all bathrooms plus additional improvements
  • All bedrooms and common internal areas were repainted between November 2019 and March 2020
  • In June 2020 the entire external rendering was removed and replaced
  • The boundary wall towards Boughton Green Road was strengthened/repaired in July 2020
  • In September 2020 the driveway for the parking area was newly paved and any outbuildings were removed
  • New garden turf was laid in June 2021
  • A new boiler was installed in November 2022

Rental information

  • Room 1 - £550 pcm
  • Room 2 - £550 pcm
  • Room 3 - £450 pcm
  • Room 4 - £550 pcm
  • Room 5 - £550 pcm
  • Room 6 - £475 pcm
  • Room 7 - £450 pcm
  • Room 8 £450 pcm
  • Monthly rental income: £4,025
  • Annual rental income: £48,300

Running costs

The vendor provided us with the following running costs of the property:

  • Gas & electric: £200 pcm
  • Water: £122 pcm
  • Broadband: £33 pcm
  • Cleaner: £52 pcm
  • Total cost pcm: £407
  • Total cost pa: £4,884

Location information

  • The property is located in the Kingsthorpe area of Northampton
  • All local amenities are within walking distance from the property
  • Kingsthorpe Recreating Ground is just a short walk from the property
  • Northampton town centre is around 2 miles from the property
  • There are bus stops near the property with regular services into town


Please note that Vesta has not visited this property and that the vendor has provided all material.


Documents available on request, please contact for viewings or further questions.

The information relating to this property is supplied by the vendor and was the latest available information at the time of listing. Certain information may expire or become inaccurate over time.

Vesta makes no warranty as to the accuracy or completeness of the property listing or any associated information. All information should be reviewed by the purchaser and their solicitor.

About Northampton, Northamptonshire

Northampton is a market town in the East Midlands of England. It lies around 60 miles north-west of London and 50 miles south-east of Birmingham.

The M1 motorway passes Northampton from the west to the south and junctions 15, 15a and 16 serve the town, connecting it to London and Leeds. The A4 and A43 link Northampton with the surrounding area.

Northampton railway station is on the Northampton Loop of the West Coast Main Line with train services running to London Euston and Birmingham New Street and Crewe.

Birmingham Airport is around 39 miles north-west of Northampton and can be easily reached via the M1 and M6 as well as by train. East Midlands Airport and Luton Airport can also be accessed via the M1.

Some of the local attractions in and around Northampton include 78 Derngate, Althorp House, Coton Manor Gardens, Castle Ashby Gardens, Northampton Museum and Art Gallery and Delapre Abbey. There are also a number of green spaces that are worth a visit such as Abington Park, Rookery Open Farm and Pitsford Reservoir to name a few.

The Billing Aquadrome leisure park is on the eastern outskirts and there are an additional four leisure centres across Northampton, as well as the Benham Sports Arena, King’s Park Tennis Centre, Delapre Public Golf Course and Radlands Plaza. Northampton also has many parks and open spaces such as Abington Park, the Racecourse, Becket’s Park, Victoria Park and Hunsbury Hill.

Northampton’s historic market square in the centre of town and offers a fresh farmers market every Monday and a general market from Tuesday to Saturday. The centre of Northampton offers a number of well-known High Street brands, as well as several independent boutiques and retailers. There are also a variety of cafes, bars and restaurants. For further shopping opportunities there are the St James Retail Park, The Grosvenor Centre and the Riverside Retail Park.

Education is provided by 50 primary schools, 8 secondary schools and 5 special schools. The University of Northampton has its campus right by the River Nene in the town centre and offers courses from foundation and undergraduate levels to postgraduate, professional and doctoral qualifications. Its main subjects are business, education, health, science and technology, social sciences and the arts. Northampton is well-known for its shoemaking and to this day is still home to Barker Shoes, Church’s, Crockett & Jones, Edward Green, Tricker’s and Wildsmith. In the private sector the main employers include Avon Products, Barclaycard, Blacks Leisure Group, Nationwide Building Society, Panasonic, Travis Perkins, Coca-Cola, Schweppes, Simply Business, National Grid, Texas Instruments and Carlsberg.

Harborough Road,





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All information contained in this website is provided as a guideline only, is based on estimates and assumptions, may not be accurate or complete, and is subject to change. We make no representations or warranties with regards to this information, expressed or otherwise. A buyer who relies on such information does so at their own risk. Buyers are advised to seek independent financial advice and should undertake their own due diligence.

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