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.
£260,000
4 bedroom Mid Terrace House for sale, Southampton Road, Far Cotton, Northampton, NN4
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Features and Description
- Licensed Four Bedroom HMO
- No Onward Chain
- Good Condition Throughout
- Gross Yield of 12.4%
- Currently Fully Occupied
- Popular Area for HMO Tenants
Presented to the market with no onward chain is this fully licensed HMO investment property, situated in the popular Far Cotton area of NN4. Generating an annual income of approximately £32,400, the property offers an attractive gross yield of 12.4%, making it an excellent opportunity for both new and experienced investors.
The accommodation comprises four well-proportioned double bedrooms arranged over two floors. The ground floor features two bedrooms, a fitted kitchen, bathroom, and a separate utility room, while the first floor provides two further double bedrooms and an additional bathroom. The property is currently let to students and is presented in good condition throughout.
Far Cotton remains a consistently strong rental location, particularly for student and professional tenants, due to its close proximity to the University of Northampton and local amenities. Please note: the property is currently licensed as an HMO until February 2030; however, any prospective purchaser will be required to apply to the local authority to have the licence transferred into their name upon completion.
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.
Southampton Road, Far Cotton, Northampton, NN4
Additional Information
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Property refQNT260146
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EPCC
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TenureFreehold
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Council TaxA
Your Move Estate Agents Northampton
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Your Move Estate Agents Northampton
Your Move Northampton
Ground Floor, Unit 4, Vulcan Works, 34-38 Guildhall Road, Northampton, NN1 1EW
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