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





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£569,625 |
BMV | 24% |
Cashflows
Cash In | |
Purchase Finance | MortgageMortgage |
Deposit (25%) | £115,000£115,000 |
Stamp Duty & Legal Fees | £37,200£37,200 |
Total Cash In | £152,200£152,200 |
| |
Cash Out | |
Room Rate | £594£594 |
Gross Rent | £4,158£4,158 |
Running Costs/mo | £3,111£3,111 |
Cashflow/mo | £1,047£1,047 |
Cashflow/yr | £12,564£12,564 |
ROI | 8%8% |
Gross Yield | 11%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.
Price | Date | Distance | Address | Price/m² | m² | Beds | Type | |
£315K | 09/21 | 0.1 mi | 216, Abington Avenue, Northampton, Northamptonshire NN1 4PR | £2,625 | 120 | 4 | Terraced House | |
£325K | 02/21 | 0.11 mi | 97, Birchfield Road, Northampton, Northamptonshire NN1 4RG | £1,857 | 175 | 4 | Terraced House | |
£450K | 10/23 | 0.13 mi | 148, Birchfield Road, Northampton, West Northamptonshire NN1 4RH | £2,778 | 162 | 4 | Terraced House | |
£435K | 05/23 | 0.13 mi | 138, Birchfield Road, Northampton, West Northamptonshire NN1 4RH | - | - | 4 | Terraced House | |
£321K | 03/23 | 0.13 mi | 130, Birchfield Road, Northampton, West Northamptonshire NN1 4RH | - | - | 4 | Terraced House | |
£350K | 12/20 | 0.13 mi | 26, Birchfield Road, Northampton, Northamptonshire NN1 4RE | £2,869 | 122 | 4 | Terraced House | |
£365K | 04/22 | 0.15 mi | 125, Birchfield Road, Northampton, West Northamptonshire NN1 4RQ | £2,212 | 165 | 4 | Semi-Detached House | |
£336K | 06/21 | 0.15 mi | 39, Birchfield Road, Northampton, Northamptonshire NN1 4RF | £2,383 | 141 | 4 | Terraced House | |
£370K | 05/21 | 0.15 mi | 37, Birchfield Road, Northampton, Northamptonshire NN1 4RF | £2,761 | 134 | 4 | Terraced House | |
£350K | 06/21 | 0.15 mi | 53, Birchfield Road, Northampton, Northamptonshire NN1 4RF | £2,778 | 126 | 4 | Terraced House | |
£375K | 06/23 | 0.18 mi | 36, Broadway, Northampton, West Northamptonshire NN1 4SF | - | - | 4 | Terraced House | |
£280K | 05/23 | 0.18 mi | 134, Abington Avenue, Northampton, West Northamptonshire NN1 4PD | £1,697 | 165 | 4 | Terraced House | |
£337.5K | 08/23 | 0.19 mi | 90, Cedar Road, Northampton, West Northamptonshire NN1 4RW | £2,378 | 142 | 4 | Terraced House | |
£250K | 08/23 | 0.22 mi | 155, Adnitt Road, Northampton, West Northamptonshire NN1 4NH | £2,551 | 98 | 4 | Terraced House | |
£245K | 06/21 | 0.23 mi | 3, Oakwood Road, Northampton, West Northamptonshire NN1 4SX | £2,306 | 106 | 4 | Semi-Detached House | |
£325K | 08/23 | 0.23 mi | 9, Oakwood Road, Northampton, West Northamptonshire NN1 4SX | - | - | 4 | Semi-Detached House | |
£612.5K | 08/21 | 0.24 mi | 16, Woodland Avenue, Northampton, Northamptonshire NN3 2BY | £3,852 | 159 | 4 | Detached House | |
£357K | 12/22 | 0.26 mi | 54, Park Avenue North, Northampton, West Northamptonshire NN3 2JE | - | - | 4 | Terraced House | |
£310K | 01/23 | 0.28 mi | 83, Holly Road, Northampton, West Northamptonshire NN1 4QN | - | - | 4 | Terraced House | |
£420K | 07/22 | 0.28 mi | 104, Adnitt Road, Northampton, West Northamptonshire NN1 4NG | - | - | 4 | Detached House | |
£340K | 06/23 | 0.3 mi | 38, The Drive, Northampton, West Northamptonshire NN1 4SJ | £3,238 | 105 | 4 | Terraced House | |
£235K | 10/21 | 0.31 mi | 13, Allen Road, Northampton, West Northamptonshire NN1 4NB | - | - | 4 | Terraced House | |
£445K | 06/21 | 0.32 mi | 2, Lime Avenue, Northampton, Northamptonshire NN3 2HB | £3,836 | 116 | 4 | Semi-Detached House | |
£295K | 08/21 | 0.32 mi | 205, Birchfield Road East, Northampton, Northamptonshire NN3 2BZ | £2,500 | 118 | 4 | Terraced House | |
£315K | 04/24 | 0.32 mi | 193, Birchfield Road East, Northampton, West Northamptonshire NN3 2BZ | £2,540 | 124 | 4 | Terraced House | |
£315K | 04/21 | 0.33 mi | 86, Park Avenue North, Northampton, West Northamptonshire NN3 2JD | - | - | 4 | Semi-Detached House | |
£299K | 11/21 | 0.35 mi | 89, Stimpson Avenue, Northampton, Northamptonshire NN1 4LR | £2,265 | 132 | 4 | Terraced House | |
£317.5K | 01/21 | 0.4 mi | 88, Bostock Avenue, Northampton, Northamptonshire NN1 4LN | £2,287 | 139 | 4 | Terraced House | |
£515K | 06/23 | 0.4 mi | 52, Christchurch Road, Northampton, West Northamptonshire NN1 5LN | £3,552 | 145 | 4 | Terraced House | |
£565K | 11/23 | 0.4 mi | 26, Christchurch Road, Northampton, West Northamptonshire NN1 5LN | £3,807 | 148 | 4 | Terraced House | |
£190K | 03/21 | 0.43 mi | 56, Milton Street, Northampton, Northamptonshire NN2 7JF | £2,184 | 87 | 4 | Terraced House | |
£230K | 04/23 | 0.43 mi | 27, Milton Street, Northampton, West Northamptonshire NN2 7JG | - | - | 4 | Terraced House | |
£278.5K | 04/21 | 0.43 mi | 66, Adams Avenue, Northampton, Northamptonshire NN1 4LJ | £1,741 | 160 | 4 | Terraced House | |
£310K | 11/20 | 0.46 mi | 320, Kettering Road, Northampton, Northamptonshire NN2 7DT | £1,792 | 173 | 4 | Terraced House | |
£212.5K | 02/21 | 0.46 mi | 20, Moore Street, Northampton, Northamptonshire NN2 7HX | £2,724 | 78 | 4 | Terraced House | |
£315K | 03/21 | 0.47 mi | 32, Sandringham Road, Northampton, Northamptonshire NN1 5NA | £3,291 | 96 | 4 | Terraced House | |
£321K | 03/23 | 0.47 mi | 19, Sandringham Road, Northampton, West Northamptonshire NN1 5NA | £2,631 | 122 | 4 | Terraced House | |
£315K | 11/23 | 0.48 mi | 38, Thursby Road, Northampton, West Northamptonshire NN1 5NB | £2,625 | 120 | 4 | Terraced House | |
£520K | 10/21 | 0.48 mi | Caldecott, 1a, Garrick Road, Northampton, West Northamptonshire NN1 5ND | - | - | 4 | Detached House | |
£252K | 02/24 | 0.5 mi | 14, Covington Street, Northampton, West Northamptonshire NN1 5JU | £2,383 | 106 | 4 | Terraced House | |
£229K | 06/21 | 0.53 mi | 26, King Edward Road, Northampton, West Northamptonshire NN1 5LU | - | - | 4 | Terraced House | |
£265K | 12/23 | 0.56 mi | 114, Colwyn Road, Northampton, West Northamptonshire NN1 3PX | £3,345 | 79 | 4 | Semi-Detached House | |
£272K | 06/21 | 0.57 mi | 11, Lindsay Avenue, Northampton, West Northamptonshire NN3 2SJ | £2,286 | 119 | 4 | Semi-Detached House | |
£395K | 06/22 | 0.58 mi | 71, Colwyn Road, Northampton, West Northamptonshire NN1 3PU | - | - | 4 | Semi-Detached House | |
£490K | 12/23 | 0.58 mi | 111, Ardington Road, Northampton, West Northamptonshire NN1 5LS | £3,712 | 132 | 4 | Semi-Detached House | |
£385K | 01/24 | 0.58 mi | 113, Ardington Road, Northampton, West Northamptonshire NN1 5LS | £2,674 | 144 | 4 | Detached House | |
£480K | 02/24 | 0.58 mi | 77, Ardington Road, Northampton, West Northamptonshire NN1 5LS | £4,160 | 115 | 4 | Semi-Detached House | |
£365K | 11/23 | 0.58 mi | 109, Ardington Road, Northampton, West Northamptonshire NN1 5LS | - | - | 4 | Semi-Detached House | |
£315K | 06/23 | 0.58 mi | 78, Loyd Road, Northampton, West Northamptonshire NN1 5JE | £3,566 | 88 | 4 | Terraced House | |
£360K | 02/21 | 0.6 mi | 52, Homestead Way, Northampton, Northamptonshire NN2 6JG | - | - | 4 | Detached House |
Local Area Statistics
Population in NN1 | 29,17029,170 |
Population in Northampton | 281,924281,924 |
Town centre distance | 0.91 miles away0.91 miles away |
Nearest school | 0.30 miles away0.30 miles away |
Nearest train station | 1.64 miles away1.64 miles away |
| |
Rental demand | Landlord's marketLandlord's market |
Rental growth (12m) | +57%+57% |
Sales demand | Balanced marketBalanced market |
Capital growth (5yrs) | +20%+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