4 bed terraced house for sale

Reynolds Road, Corby, Northamptonshire NN18

This modern, fully licensed 4-bedroom, 4-bathroom HMO-featuring three ensuite rooms-offers a high-yield, income-secure investment in a desirable Northamptonshire location. Fully let to working professionals, the property generates £29,700 in annual rental income, delivering an impressive gross yield of 14.85% with consistent occupancy and dependable returns. Well-presented throughout, it provides high-quality accommodation close to major employers and local amenities, ensuring sustained tenant demand. Strong transport connectivity via the M1, A45, and A43, alongside fast rail services to London, further enhances commuter appeal. Supported by ongoing housing, infrastructure, and town centre investment, this property represents a compelling opportunity for investors seeking strong cash flow, low vacancy risk, and long-term growth in one of the Midlands’ most resilient rental markets.

Please note: A Buyer Onboarding Fee of £250 + VAT is payable by all purchasers upon offer acceptance. This covers full aml and Proof of Funds verification, investor onboarding, and one months' access to our exclusive HMO Xchange portal and dedicated Buyer’s Space within the HMO X Hub - providing specialist guides, content, and support for HMO investors of all experience levels.

Income Breakdown (Monthly):

Room 1: £500.00
Room 2: £650.00
Room 3: £650.00
Room 4: £675.00

Total Monthly Income: £2,475.00

Total Annual Income: £29,700.00

Expenditure Breakdown (Monthly):

Gas, Electric & Water: £282.25
Council Tax: £125.85
TV License: £14.00
Broadband: £22.88
Management: £282.21

Total Monthly Expenditure: £727.19

Total Annual Expenditure: £8,726.28

*The running cost figures have been taken from the 2024 P&L - New figures are being prepared and will be provided when available*

Investment Performance:

Net Annual Income: £20,973.72

Gross Yield: 14.85%

Net Yield: 10.49%