Guide price
£275,000
5 bed terraced house for saleLeicester Terrace, Northampton, Northamptonshire NN2
5 beds
2 baths
1 reception
EPC Rating: E
Shared ownership
Freehold
About this property
Five double bedrooms - HMO Licensed Character Property
Established HMO in a great prime location
Close to the Train Station and The Racecourse
£2,900 per month Potential income
This wonderful, characterful property is perfect for easy conversion back to a Residential family home, or for any investor looking for Fully licensed, 3 storey, 5 bedroom House in Multiple Occupation (HMO). The current owners have informed us this property is compliant in line with the council specifications and is equipped with Emergency Lighting and Fire Alarm with Control Panel system.
This Grade II listed character property benefits spacious accommodation across four floors including a cellar, retaining some period features while catering to modern tenant needs. The layout includes a communal kitchen/dining area, laundry room, bathroom, garden and five generously sized bedrooms.
The ground floor comprises of large kitchen/diner, a double bedroom, cloakroom/laundry room and access to the cellar. The first floor has two further double bedrooms and a bathroom. The second floor offers an additional reception room and two further double bedrooms.
Externally, the front aspect is gated with privacy hedging and a good sized, low maintenance, walled hardstanding garden/patio area to the rear aspect.
The current landlord has declared with all rooms tenanted an income of £2,900 per month is achievable. The property would benefit from some updating which may enhance the potential for increased rental return and capital growth.
The property is located within walking distance of Northampton Town Centre, Northampton Train Station and The Racecourse.
Important note: The marketing price has been adjusted to reflect the following - The property is currently undergoing a 3 year treatment plan for Japanese Knotweed, which comes with a 10 Year insurance backed guarantee. The cost of this treatment has been covered by the current sellers. This will need to be declared to any lenders. The sellers have informed that the issue is classed as category B.
Material information:
Mains supply for Gas and Electricity
Heating: Gas fired central heating
Mains supply for Water and Sewage by Anglian Water
Broadband - Ultrafast 1800 mbps is available
Mobile Coverage - variable depending on provider
Tenure Type: Freehold
Shared Ownership: No
Council Tax Band: D
Construction Type: Brick and slate/tile
Sources of Heating: Gas fired boiler
Parking: None allocated
Building Safety: No known issues
Listed Property: Yes
Restrictions: None known
Private Rights of Way: None known
Public Rights of Way: None known
Flooded in Last 5 Years: No
Sources of Risk: None known
Flood Defences: None known
Planning Permission/Development Proposals: No
Entrance Location: Ground floor
Accessibility Measures: None
* Sprift report available from agent
Entrance Hall
4.8m x 1.19m - 15'9” x 3'11”
Enter via a solid wood door into a spacious hallway with stairs to the first floor and doors to Bedroom 1 and open plan kitchen/dining room, lounge.
Bedroom 1
3.73m x 3.54m - 12'3” x 11'7”
Double sized bedroom with window to the front aspect. Originally a reception room that has retained an original victorian fireplace.
Kitchen / Dining Room
3.86m x 3.74m - 12'8” x 12'3”
This open plan kitchen/dining room has plenty of space for a large dining table and chairs. The kitchen has a range of wall and base units, with worktops and fitted stainless steel sink. Space for ample appliances. Door leads into inner hall where you can access the cellar. Cloakroom/laundry room and external door for the garden. UPVC 'sash effect' window to the rear aspect.
Inner Hall
2.41m x 1.03m - 7'11” x 3'5”
Doors lead to cellar, cloakroom/laundry room and external side door leading out to the garden/patio area.
Cloakroom/Laundry Room
2.41m x 2.09m - 7'11” x 6'10”
Fitted with a low level W/C and hand wash basin. There is space and plumbing for a washing machine and also drying space. The boiler is also housed here.
Cellar
7.24m x 4.75m - 23'9” x 15'7”
Large cellar divided into useful storage rooms (with scope for conversion)
First Floor Landing
4.17m x 1.62m - 13'8” x 5'4”
Doors leading to bedrooms 2 & 3, comunual bathroom and storage cupboard.
Bedroom 2
3.74m x 3.13m - 12'3” x 10'3”
Double sized room with window to the rear aspect.
Bedroom 3
4.9m x 3.75m - 16'1” x 12'4”
Double sized room fitted with two low cupboards and twin aspect windows to the front aspect.
Bathroom
3.12m x 2.43m - 10'3” x 7'12”
Bathroom with bath with shower over and glass screen, low level w/c and hand wash basin. Window to the rear aspect.
Second Floor Landing
4.69m x 1.63m - 15'5” x 5'4”
Doors leading to Bedrooms 4 & 5, second reception room and storage cupboard. Window to the rear aspect.
Bedroom 4
3.77m x 3.1m - 12'4” x 10'2”
Double sized room with with window to the rear aspect.
Bedroom 5
3.74m x 2.53m - 12'3” x 8'4”
Double sized room with window to the front aspect.
Reception Room
3.77m x 1.84m - 12'4” x 6'0”
Currently used as a second reception room but could easily be a good sized single bedroom or working from home space.
Garden
Externally, the front aspect is gated with privacy hedging and a good sized, low maintenance, walled hardstanding garden/patio area to the rear aspect.
This Grade II listed character property benefits spacious accommodation across four floors including a cellar, retaining some period features while catering to modern tenant needs. The layout includes a communal kitchen/dining area, laundry room, bathroom, garden and five generously sized bedrooms.
The ground floor comprises of large kitchen/diner, a double bedroom, cloakroom/laundry room and access to the cellar. The first floor has two further double bedrooms and a bathroom. The second floor offers an additional reception room and two further double bedrooms.
Externally, the front aspect is gated with privacy hedging and a good sized, low maintenance, walled hardstanding garden/patio area to the rear aspect.
The current landlord has declared with all rooms tenanted an income of £2,900 per month is achievable. The property would benefit from some updating which may enhance the potential for increased rental return and capital growth.
The property is located within walking distance of Northampton Town Centre, Northampton Train Station and The Racecourse.
Important note: The marketing price has been adjusted to reflect the following - The property is currently undergoing a 3 year treatment plan for Japanese Knotweed, which comes with a 10 Year insurance backed guarantee. The cost of this treatment has been covered by the current sellers. This will need to be declared to any lenders. The sellers have informed that the issue is classed as category B.
Material information:
Mains supply for Gas and Electricity
Heating: Gas fired central heating
Mains supply for Water and Sewage by Anglian Water
Broadband - Ultrafast 1800 mbps is available
Mobile Coverage - variable depending on provider
Tenure Type: Freehold
Shared Ownership: No
Council Tax Band: D
Construction Type: Brick and slate/tile
Sources of Heating: Gas fired boiler
Parking: None allocated
Building Safety: No known issues
Listed Property: Yes
Restrictions: None known
Private Rights of Way: None known
Public Rights of Way: None known
Flooded in Last 5 Years: No
Sources of Risk: None known
Flood Defences: None known
Planning Permission/Development Proposals: No
Entrance Location: Ground floor
Accessibility Measures: None
* Sprift report available from agent
Entrance Hall
4.8m x 1.19m - 15'9” x 3'11”
Enter via a solid wood door into a spacious hallway with stairs to the first floor and doors to Bedroom 1 and open plan kitchen/dining room, lounge.
Bedroom 1
3.73m x 3.54m - 12'3” x 11'7”
Double sized bedroom with window to the front aspect. Originally a reception room that has retained an original victorian fireplace.
Kitchen / Dining Room
3.86m x 3.74m - 12'8” x 12'3”
This open plan kitchen/dining room has plenty of space for a large dining table and chairs. The kitchen has a range of wall and base units, with worktops and fitted stainless steel sink. Space for ample appliances. Door leads into inner hall where you can access the cellar. Cloakroom/laundry room and external door for the garden. UPVC 'sash effect' window to the rear aspect.
Inner Hall
2.41m x 1.03m - 7'11” x 3'5”
Doors lead to cellar, cloakroom/laundry room and external side door leading out to the garden/patio area.
Cloakroom/Laundry Room
2.41m x 2.09m - 7'11” x 6'10”
Fitted with a low level W/C and hand wash basin. There is space and plumbing for a washing machine and also drying space. The boiler is also housed here.
Cellar
7.24m x 4.75m - 23'9” x 15'7”
Large cellar divided into useful storage rooms (with scope for conversion)
First Floor Landing
4.17m x 1.62m - 13'8” x 5'4”
Doors leading to bedrooms 2 & 3, comunual bathroom and storage cupboard.
Bedroom 2
3.74m x 3.13m - 12'3” x 10'3”
Double sized room with window to the rear aspect.
Bedroom 3
4.9m x 3.75m - 16'1” x 12'4”
Double sized room fitted with two low cupboards and twin aspect windows to the front aspect.
Bathroom
3.12m x 2.43m - 10'3” x 7'12”
Bathroom with bath with shower over and glass screen, low level w/c and hand wash basin. Window to the rear aspect.
Second Floor Landing
4.69m x 1.63m - 15'5” x 5'4”
Doors leading to Bedrooms 4 & 5, second reception room and storage cupboard. Window to the rear aspect.
Bedroom 4
3.77m x 3.1m - 12'4” x 10'2”
Double sized room with with window to the rear aspect.
Bedroom 5
3.74m x 2.53m - 12'3” x 8'4”
Double sized room with window to the front aspect.
Reception Room
3.77m x 1.84m - 12'4” x 6'0”
Currently used as a second reception room but could easily be a good sized single bedroom or working from home space.
Garden
Externally, the front aspect is gated with privacy hedging and a good sized, low maintenance, walled hardstanding garden/patio area to the rear aspect.
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