4 Bed HMO, Northampton, NN4 8SN, £200,000

20 Thorn Hill, Northamptonshire NN4 8SN - 10 views - 25 days ago

HMO
ROI: 13%
87 m²
+5 photos

ValuationUndervalued

Sold Prices£188K - £680K
Sold Prices/m²£1.6K/m² - £5K/m²

 

 

Square Metres

87 m²
Price/m²£2.3K/m²

Value Estimate

£234,058
BMV11%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£50,000

Stamp Duty & Legal Fees

£11,700

Total Cash In

£61,700

 

 

Cash Out

 

Room Rate

£576

Gross Rent

£2,304

Running Costs/mo

£1,554

Cashflow/mo

£750

Cashflow/yr

£8,995

ROI

15%

Gross Yield

14%

Local Sold Prices

44 sold prices from £188K to £680K, average is £335K. £1.6K/m² to £5K/m², average is £2.7K/m².

PriceDateDistanceAddressBeds 
£300K11/220.25 mi23, Floribunda Drive, Northampton, West Northamptonshire NN4 8RZ4
£295K03/210.31 mi41, Leah Bank, Northampton, Northamptonshire NN4 8RG4
£273K07/210.38 mi34, Five Acres Fold, Northampton, Northamptonshire NN4 8TQ4
£188K02/210.42 mi20, Pitstone Road, Northampton, Northamptonshire NN4 8TL4
£206K09/230.43 mi58, Rothersthorpe Road, Northampton, West Northamptonshire NN4 8JB4
£229K08/210.45 mi23, Hambledon Rise, Northampton, Northamptonshire NN4 8TT4
£273K06/210.46 mi9, Braunston Close, Northampton, Northamptonshire NN4 8QZ4
£335K04/230.47 mi130, Towcester Road, Northampton, West Northamptonshire NN4 8LH4
£450K09/210.5 mi166, Towcester Road, Northampton, Northamptonshire NN4 8LW4
£410K03/210.5 mi170, Towcester Road, Northampton, Northamptonshire NN4 8LW4
£215K02/210.51 mi74, Towcester Road, Northampton, Northamptonshire NN4 8LQ4
£361K06/230.52 mi5, Kingmaker Way, Northampton, West Northamptonshire NN4 8QL4
£335K02/210.53 mi38, Lancaster Way, Northampton, Northamptonshire NN4 8LY4
£425K08/230.58 mi20, Wrekin Close, Northampton, West Northamptonshire NN4 8JL4
£426K05/230.59 mi11, Hunsbury Hill Avenue, Northampton, West Northamptonshire NN4 8JQ4
£437K03/210.59 mi10, Hunsbury Hill Avenue, Northampton, Northamptonshire NN4 8JQ4
£350K09/230.6 mi8, Bosworth Close, Northampton, West Northamptonshire NN4 8QR4
£385K03/230.6 mi4, Bosworth Close, Northampton, West Northamptonshire NN4 8QR4
£297.5K07/210.6 mi49, Lancaster Way, Northampton, Northamptonshire NN4 8LU4
£345K12/200.6 mi67, Lancaster Way, Northampton, Northamptonshire NN4 8LU4
£375K01/210.61 mi68, Lancaster Way, Northampton, Northamptonshire NN4 8LD4
£210K04/210.63 mi7, Camborne Close, Northampton, Northamptonshire NN4 8PH4
£395K08/230.66 mi52, Summerfields, Northampton, West Northamptonshire NN4 9YN4
£352.5K06/210.67 mi6, Langley Close, Northampton, Northamptonshire NN4 8JX4
£263K01/230.75 mi24, Forest Road, Northampton, West Northamptonshire NN4 8PA4
£275K11/230.76 mi2, Tower Square, Northampton, West Northamptonshire NN5 5FH4
£245K02/210.76 mi33, Tower Square, Northampton, Northamptonshire NN5 5FH4
£305K01/230.78 mi42, St James Park Road, Northampton, West Northamptonshire NN5 5DN4
£435K09/230.8 mi55, Gresham Drive, Northampton, West Northamptonshire NN4 9SZ4
£680K09/230.8 mi11, Hunsbury Close, Northampton, West Northamptonshire NN4 9UE4
£645K06/230.8 mi37, Hunsbury Close, Northampton, West Northamptonshire NN4 9UE4
£225K06/210.83 mi7, Old Scholars Close, Northampton, Northamptonshire NN5 5AZ4
£395K10/210.84 mi72, Gresham Drive, Northampton, Northamptonshire NN4 9SB4
£360K08/210.86 mi88, Gresham Drive, Northampton, Northamptonshire NN4 9SB4
£347.5K06/210.86 mi7, Whaddon Close, Northampton, West Northamptonshire NN4 9XS4
£298K12/200.9 mi1, Yeoman Meadow, Northampton, Northamptonshire NN4 9YU4
£350K02/210.9 mi14, Yeoman Meadow, Northampton, Northamptonshire NN4 9YU4
£299K09/210.93 mi7, Clickers Mews, Northampton, Northamptonshire NN5 4EE4
£317K12/200.95 mi19, Black Cat Drive, Northampton, Northamptonshire NN5 4EA4
£375K10/210.95 mi40, Aviemore Gardens, Northampton, Northamptonshire NN4 9XJ4
£320K12/200.96 mi14, Black Cat Street, Northampton, Northamptonshire NN5 4EF4
£395K08/210.97 mi4, Icknield Drive, Northampton, Northamptonshire NN4 9YS4
£267K03/210.97 mi208, Weedon Road, Northampton, Northamptonshire NN5 5DE4
£325K12/220.99 mi68, Harlestone Road, Northampton, West Northamptonshire NN5 7AG4

Local Area Statistics

Population in NN4

46,727

Population in Northampton

281,924

Town centre distance

1.46 miles away

Nearest school

0.20 miles away

Nearest train station

0.83 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+3%

Sales demand

Seller's market

Capital growth (5yrs)

+20%

Property History

Price changed to £200,000

March 28, 2025

Listed for £210,000

March 10, 2025

Floor Plans

Description

  • ** NO AGENCY FEES ** +

HMO investment Fully licenced WK/ . Priced to attract no time wasters. A four bedroom house currently let to students for the current academic year .Located in Briar Hill in walking distance to the Campus, with four double bedrooms, to including a Wardrobe, desk, chest of drawers. There is a separate living room off the Kitchen overlooking the garden with dining table and chairs and sofa. The kitchen comes with oven, hob, extractor, fridge/freezer, washing machine is in a separate utility area.
There is a ground floor w.c and basin and a first floor bathroom with bath with shower over, basin and w.c. The garden has a gate to public parking at the rear.
Currently let for £1907 monthly ,estimated gross £21024 for this academic period inclusive of Gas, Electricity & Water. No wifi.

Agent Details

Whites Estate Agents, Northampton

01604 279977

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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