£575,000
(£238.49/sq. ft)
Property for saleMontagu Street, Kettering, Northamptonshire NN16
2,411 sq. ft
Freehold
About this property
Investment opportunity
Two separate units
Generating rental income
House of Multiple Occupancy (HMO) configuration residential investment portfolio opportunity in Kettering. The Property presents two separate units, each offering a lucrative rental income. The first unit features 3 self-contained en-suite rooms with a shared kitchen dining area. Generating a rental income of £1,800 per calendar month. The second unit comprises 5 en-suite rooms sharing a communal kitchen, along with a studio flat that includes its own kitchen, lounge area, and en-suite room, bringing in a rental income of £3,300 per calendar month.
Both properties are in good condition and come with HMO licenses, ensuring compliance with regulations for multiple occupancy. Generating a annual rental figure of £61,000.
With a variety of lettable spaces, including individual rooms and a self-contained studio flat, the property attracts a diverse tenant base. Whether catering to students, young professionals, or individuals seeking independent living arrangements, this property appeals to a wide range of renters, ensuring consistent occupancy levels.
Both properties are in good condition and come with HMO licenses, ensuring compliance with regulations for multiple occupancy. Generating a annual rental figure of £61,000.
With a variety of lettable spaces, including individual rooms and a self-contained studio flat, the property attracts a diverse tenant base. Whether catering to students, young professionals, or individuals seeking independent living arrangements, this property appeals to a wide range of renters, ensuring consistent occupancy levels.
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