No bars, no signal predictedOne bar, reliable signal unlikelyTwo bars, may experience problems with connectivityThree bars, likely to have good coverage and receive a data rate to support basic web servicesFull bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
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Investment Opportunity in Kettering, Northamptons
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£575,000
Added > 14 days

Property for sale

Kettering NN16
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Property
0 bed
0 bath

Property description & features

  • Tenure: Freehold

Venture Commercial are pleased to introduce this House of Multiple Occupancy (HMO) configuration residential investment portfolio opportunity in Kettering.

The Property presents two separate units, each offering a lucrative rental income. The first unit features 3 self-contained en suite rooms with a shared kitchen dining area. Generating a rental income of £1,800 per calendar month. The second unit comprises 5 en-suite rooms sharing a communal kitchen, along with a studio flat that includes its own kitchen, lounge area, and en suite room, bringing in a rental income of £3,300 per calendar month.

Both properties are in good condition and come with HMO licenses, ensuring compliance with regulations for multiple occupancy. Generating a annual rental figure of £61,000.

With a variety of lettable spaces, including individual rooms and a self-contained studio flat, the property attracts a diverse tenant base. Whether catering to students, young professionals, or individuals seeking independent living arrangements, this property appeals to a wide range of renters, ensuring consistent occupancy levels.

Take advantage of this exceptional investment opportunity in Kettering, Northamptonshire, and secure an asset with steady rental income potential. Whether you're a seasoned investor or exploring the property market for the first time, this residential property promises long-term financial growth and stability. 

Don't miss out on this attractive investment opportunity in a prime location.

Location: Situated in Kettering, Northamptonshire, this residential property benefits from its proximity to essential amenities, transportation links, and educational institutions. Its convenient location enhances its appeal to potential tenants, ensuring high demand for rental accommodation in the area. Kettering offers a vibrant community atmosphere, with local shops, restaurants, and recreational facilities nearby. Tenants enjoy a well-rounded living experience, making this property an attractive option for those seeking both convenience and lifestyle amenities.

Property information from this agent

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    Venture Commercial is a full-service Commercial Property Real Estate Agency and Consultancy providing market-leading commercial property advice, cutting edge industry know-how and above and beyond client service in Bedfordshire. The company’s core principles are based upon ‘outside the box thinking’ and adding and creating value for their client’s property investments whilst providing the highest level of communication, service and reliability. Their aim is to become indispensible to their client, streamlining and simplifying sale, purchase and lease transactions, adding value to existing property investments and making the letting and management of their property portfolios effortless, giving the most valuable commodity back to their client in return. Time.

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    *DISCLAIMER

    Property reference veco_1762639310. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Venture Commercial - Luton.

    OnTheMarket may have applied supplementary data to this property listing, including:

    Broadband availability and predicted speed

    Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:

    Basic: Up to 30 Mbit/s
    Super-fast: Between 30 Mbit/s and 300 Mbit/s
    Ultra-fast: Over 300 Mbit/s

    The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2

    Mobile phone signal availability and predicted strength: obtained from Ofcom on January 7, 2022

    Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:

    Clear: No bars, no signal predicted
    Red: One bar, reliable signal unlikely
    Amber: Two bars, may experience problems with connectivity
    Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
    Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services

    Energy Performance data and Internal floor area

    Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.

    *Call rate information

    Calls to 0843 numbers will be charged at 4p/min from BT landlines. Calls from other networks may vary, and calls from mobiles and outside the UK will be higher. Calls to local numbers beginning with 01, 02 and 03 numbers will incur standard geographic charges from landlines and mobiles.