7 Bed HMO, Northampton, NN1 4PR, £460,000

Abington Avenue, Northampton, Northamptonshire, NN1 4PR - 4 views - 12 days ago

HMO
ROI: 8%
~217 m²
+10 photos

ValuationUndervalued

Sold Prices£190K - £612.5K
Sold Prices/m²£1.7K/m² - £4.2K/m²

 

 

Square Metres

~217 m²
Price/m²£2.1K/m²

Value Estimate

£569,625
BMV24%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£115,000

Stamp Duty & Legal Fees

£37,200

Total Cash In

£152,200

 

 

Cash Out

 

Room Rate

£594

Gross Rent

£4,158

Running Costs/mo

£3,111

Cashflow/mo

£1,047

Cashflow/yr

£12,564

ROI

8%

Gross Yield

11%

Local Sold Prices

50 sold prices from £190K to £612.5K, average is £323K. £1.7K/m² to £4.2K/m², average is £2.6K/m².

PriceDateDistanceAddressBeds 
£315K09/210.1 mi216, Abington Avenue, Northampton, Northamptonshire NN1 4PR4
£325K02/210.11 mi97, Birchfield Road, Northampton, Northamptonshire NN1 4RG4
£450K10/230.13 mi148, Birchfield Road, Northampton, West Northamptonshire NN1 4RH4
£435K05/230.13 mi138, Birchfield Road, Northampton, West Northamptonshire NN1 4RH4
£321K03/230.13 mi130, Birchfield Road, Northampton, West Northamptonshire NN1 4RH4
£350K12/200.13 mi26, Birchfield Road, Northampton, Northamptonshire NN1 4RE4
£365K04/220.15 mi125, Birchfield Road, Northampton, West Northamptonshire NN1 4RQ4
£336K06/210.15 mi39, Birchfield Road, Northampton, Northamptonshire NN1 4RF4
£370K05/210.15 mi37, Birchfield Road, Northampton, Northamptonshire NN1 4RF4
£350K06/210.15 mi53, Birchfield Road, Northampton, Northamptonshire NN1 4RF4
£375K06/230.18 mi36, Broadway, Northampton, West Northamptonshire NN1 4SF4
£280K05/230.18 mi134, Abington Avenue, Northampton, West Northamptonshire NN1 4PD4
£337.5K08/230.19 mi90, Cedar Road, Northampton, West Northamptonshire NN1 4RW4
£250K08/230.22 mi155, Adnitt Road, Northampton, West Northamptonshire NN1 4NH4
£245K06/210.23 mi3, Oakwood Road, Northampton, West Northamptonshire NN1 4SX4
£325K08/230.23 mi9, Oakwood Road, Northampton, West Northamptonshire NN1 4SX4
£612.5K08/210.24 mi16, Woodland Avenue, Northampton, Northamptonshire NN3 2BY4
£357K12/220.26 mi54, Park Avenue North, Northampton, West Northamptonshire NN3 2JE4
£310K01/230.28 mi83, Holly Road, Northampton, West Northamptonshire NN1 4QN4
£420K07/220.28 mi104, Adnitt Road, Northampton, West Northamptonshire NN1 4NG4
£340K06/230.3 mi38, The Drive, Northampton, West Northamptonshire NN1 4SJ4
£235K10/210.31 mi13, Allen Road, Northampton, West Northamptonshire NN1 4NB4
£445K06/210.32 mi2, Lime Avenue, Northampton, Northamptonshire NN3 2HB4
£295K08/210.32 mi205, Birchfield Road East, Northampton, Northamptonshire NN3 2BZ4
£315K04/240.32 mi193, Birchfield Road East, Northampton, West Northamptonshire NN3 2BZ4
£315K04/210.33 mi86, Park Avenue North, Northampton, West Northamptonshire NN3 2JD4
£299K11/210.35 mi89, Stimpson Avenue, Northampton, Northamptonshire NN1 4LR4
£317.5K01/210.4 mi88, Bostock Avenue, Northampton, Northamptonshire NN1 4LN4
£515K06/230.4 mi52, Christchurch Road, Northampton, West Northamptonshire NN1 5LN4
£565K11/230.4 mi26, Christchurch Road, Northampton, West Northamptonshire NN1 5LN4
£190K03/210.43 mi56, Milton Street, Northampton, Northamptonshire NN2 7JF4
£230K04/230.43 mi27, Milton Street, Northampton, West Northamptonshire NN2 7JG4
£278.5K04/210.43 mi66, Adams Avenue, Northampton, Northamptonshire NN1 4LJ4
£310K11/200.46 mi320, Kettering Road, Northampton, Northamptonshire NN2 7DT4
£212.5K02/210.46 mi20, Moore Street, Northampton, Northamptonshire NN2 7HX4
£315K03/210.47 mi32, Sandringham Road, Northampton, Northamptonshire NN1 5NA4
£321K03/230.47 mi19, Sandringham Road, Northampton, West Northamptonshire NN1 5NA4
£315K11/230.48 mi38, Thursby Road, Northampton, West Northamptonshire NN1 5NB4
£520K10/210.48 miCaldecott, 1a, Garrick Road, Northampton, West Northamptonshire NN1 5ND4
£252K02/240.5 mi14, Covington Street, Northampton, West Northamptonshire NN1 5JU4
£229K06/210.53 mi26, King Edward Road, Northampton, West Northamptonshire NN1 5LU4
£265K12/230.56 mi114, Colwyn Road, Northampton, West Northamptonshire NN1 3PX4
£272K06/210.57 mi11, Lindsay Avenue, Northampton, West Northamptonshire NN3 2SJ4
£395K06/220.58 mi71, Colwyn Road, Northampton, West Northamptonshire NN1 3PU4
£490K12/230.58 mi111, Ardington Road, Northampton, West Northamptonshire NN1 5LS4
£385K01/240.58 mi113, Ardington Road, Northampton, West Northamptonshire NN1 5LS4
£480K02/240.58 mi77, Ardington Road, Northampton, West Northamptonshire NN1 5LS4
£365K11/230.58 mi109, Ardington Road, Northampton, West Northamptonshire NN1 5LS4
£315K06/230.58 mi78, Loyd Road, Northampton, West Northamptonshire NN1 5JE4
£360K02/210.6 mi52, Homestead Way, Northampton, Northamptonshire NN2 6JG4

Local Area Statistics

Population in NN1

29,170

Population in Northampton

281,924

Town centre distance

0.91 miles away

Nearest school

0.30 miles away

Nearest train station

1.64 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+57%

Sales demand

Balanced market

Capital growth (5yrs)

+20%

Property History

Listed for £460,000

April 4, 2025

Description

  • Investment Opportunity +
  • Seven Bedrooms +
  • Good Condition +
  • Three Shower Rooms +
  • Popular Location +

We are delighted to present this well-maintained seven-bedroom HMO* (House of Multiple Occupancy), perfectly situated in the sought-after area of Abington, Northampton. Boasting classic Victorian charm and generous living space, this property is an excellent investment opportunity in a thriving rental market.

The property is in good condition throughout, offering a mix of character and modern convenience. Each of the seven bedrooms is well-proportioned, providing comfortable living for tenants. The communal spaces include a well-equipped kitchen and shared bathrooms, ensuring practicality for multiple occupants.

Abington is a prime location, highly popular with young families and commuters. Northampton Cricket Ground, a short walk away, adds to the area’s vibrant atmosphere, while a range of local shops, cafés, and parks contribute to a fantastic lifestyle. Transport links are excellent, with the A45 just 1.5 miles away, providing quick access to major routes.

This exceptional HMO presents a fantastic opportunity for investors looking for strong rental demand in a desirable location. Early viewing is highly recommended to appreciate all this property has to offer.

AGENTS NOTE: HMO Licences are not transferable and if the owners of the property have changed then a new licence application is required.

IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS:
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 traveling some distance to view. POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller. POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases.

NSL250001/2

Agent Details

YOUR MOVE Nolan Throw, Abington

01604 279792

Next Steps?

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