£1,200,000
(£923.79/sq. ft)
Property for sale51 & 53 St. Matthews Parade, Northampton NN2
From 1,299 - 2,621 sq. ft
Freehold
About this property
Key Points
Two Neighbouring HMO Investments for sale Both properties benefit from a garden and garage towards the rear Potential for further redevelopment STPP 51 St Matthews Parade comprises a 7 bedroom HMO for 7 occupants. HMO reference - wk/ 53 St Matthews Parade comprises a 7 bedroom HMO for 7 occupants. HMO reference - wk/ Total income of £73,320 pa The properties are not elected for VAT
Description
The subject properties are two neighbouring Victorian terrace buildings, under separate Freehold titles.
Both properties benefit from a garden and garage towards the rear of the property. There is potential for further development subject to the necessary planning consents).
Location
Northampton is one of England’s fastest growing towns and is the strategic location for many national organisations as their central hub for business. Northampton has excellent rail and road communications, with hourly train services to London and road links to the M1 at Junctions 15,15a & 16 and additionally to the A14 in the North. Northampton currently has an Enterprise Zone status which aims to support both new and expanding businesses by offering incentives.
The properties are located on St. Matthews Parade, approximately 1 mile East of Northampton Town Centre and 3 miles East of junctions 15 of the M1 motorway. The Kettering Road (A508) is the major arterial road linking Northampton and Kettering.
Local amenities include Tesco Express, Pizza Hut, Racecourse Playground (Public upon space on 118 acres), as well as many other local retailers.
Description
The subject properties are two neighbouring Victorian terrace buildings, under separate Freehold titles.
Both properties benefit from a garden and garage towards the rear of the property. There is potential for further development subject to the necessary planning consents).
Location
Northampton is one of England’s fastest growing towns and is the strategic location for many national organisations as their central hub for business. Northampton has excellent rail and road communications, with hourly train services to London and road links to the M1 at Junctions 15,15a & 16 and additionally to the A14 in the North. Northampton currently has an Enterprise Zone status which aims to support both new and expanding businesses by offering incentives.
The properties are located on St. Matthews Parade, approximately 1 mile East of Northampton Town Centre and 3 miles East of junctions 15 of the M1 motorway. The Kettering Road (A508) is the major arterial road linking Northampton and Kettering.
Local amenities include Tesco Express, Pizza Hut, Racecourse Playground (Public upon space on 118 acres), as well as many other local retailers.
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Monthly repayment
£6,002 per month
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