6 Bed HMO, Northampton, NN1 5EQ, £400,000
Victoria Road, Abington, Northampton NN1 5EQ - 7 views - 3 months ago
Sold STC
HMO
ROI: 6%
~186 m²





+12 photos
ValuationFair Value
Sold Prices | £233.5K - £775K |
Sold Prices/m² | £1.6K/m² - £3.3K/m² |
| |
Square Metres | ~186 m² |
Price/m² | £2.2K/m² |
Value Estimate | £405,607 |
Cashflows
Cash In | |
Purchase Finance | Mortgage |
Deposit (25%) | £100,000 |
Stamp Duty & Legal Fees | £22,700 |
Total Cash In | £122,700 |
| |
Cash Out | |
Room Rate | £559 |
Gross Rent | £3,354 |
Running Costs/mo | £2,643 |
Cashflow/mo | £711 |
Cashflow/yr | £8,533 |
ROI | 7% |
Gross Yield | 10% |
Local Sold Prices
11 sold prices from £233.5K to £775K, average is £522K. £1.6K/m² to £3.3K/m², average is £2.2K/m².
Local Area Statistics
Population in NN1 | 29,170 |
Population in Northampton | 281,924 |
Town centre distance | 0.31 miles away |
Nearest school | 0.20 miles away |
Nearest train station | 0.96 miles away |
| |
Rental demand | Landlord's market |
Rental growth (12m) | +57% |
Sales demand | Balanced market |
Capital growth (5yrs) | +20% |
Property History
Price changed to £400,000
January 31, 2025
Listed for £425,000
January 10, 2025
Floor Plans

Description
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