This calculator provides a guide to the amount of residential stamp duty you may pay and does not guarantee this will be the actual cost. This calculation is based on the Stamp Duty Land Tax Rates for residential properties purchased from 23rd September 2022 and second homes from 31st October 2024. For more information on Stamp Duty Land Tax, click here.
£250,000
4 bedroom Mid Terrace House for sale, Euston Road, Far Cotton, Northampton, NN4
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Features and Description
- Approximately £28,284 Annual Income
- Over 11% Gross Yield
- No Onward Chain
- Popular HMO Area
- Fully Licensed* Until 2030
Presented to the market with no onward chain is this fully licensed* four-bedroom House in Multiple Occupation (HMO), generating a current annual rental income of approximately £28,284, making it an excellent investment opportunity for landlords looking to expand their portfolio.
The accommodation comprises a double bedroom to the ground floor, a communal lounge with French doors opening onto the rear garden, a galley-style kitchen, a spacious bathroom positioned to the rear of the property, and an additional storage room. To the first floor are three further well-proportioned double bedrooms, providing comfortable accommodation for tenants.
Located in the popular area of Far Cotton, the property is ideally positioned for investment purposes. The area continues to attract strong tenant demand thanks to its close proximity to the University of Northampton Waterside Campus, making it particularly appealing to students. It is also well suited to working professionals, with Northampton town centre, the train station and a variety of major employers all within walking distance. Excellent road links, local amenities and public transport further enhance the property's long-term rental appeal.
*A HMO license is non transferable and a buyer will have to reapply for a license under their name.
IMPORTANT NOTE TO POTENTIAL PURCHASERS:
We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are travelling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the seller.
Euston Road, Far Cotton, Northampton, NN4
Additional Information
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Property refQNT260282
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EPCD
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TenureFreehold
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Council TaxA
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Local authorityWest Northamptonshire Council
Your Move Estate Agents Northampton
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Your Move Estate Agents Northampton
Your Move Northampton
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