5-Bed HMO in Northampton

5-Bed HMO near Hospital in Northampton

This 4 Bed property has a huge potential to be converted as a 5 Bed HMO with its close proximity to a large Hospital, resulting in consistently high demand and occupancy rates all year round, providing steady growth in value and steady cashflow.

Northampton HMO Investment Proposition:
Northampton presents a compelling HMO investment opportunity, supported by diversified and resilient tenant demand. The town benefits from the University of Northampton, Northampton General Hospital and significant logistics-led employment growth, including Amazon’s new Northampton facility and planned second site, all of which continue to attract students, healthcare staff and working professionals to the area.

Northampton benefits from strong, diverse tenant demand driven by major employment, education and healthcare sectors, helping to support high occupancy levels. Combined with ongoing housing shortages and significant pressure on local housing supply, this creates a favourable environment for HMOs, offering the potential for consistent rental income, strong demand and long-term capital growth

4 Bed Victorian terraced home over 2000 sq. feet. combining contemporary styling with an abundance of original character features, including fireplaces, stripped wooden doors, original coving and period detailing throughout. Ideally situated within easy reach of Northampton town centre, Northampton General Hospital and the mainline railway station, the property is perfectly placed for professionals looking for accommodation.
The HMO Conversion will consist of reconfiguration of an additional reception room to be turned into a bedroom which will result in the following layout.

- 5 bedrooms
- 1 living room
- 2 bathrooms
- 1 Kitchens
- Parking
- Garden

Total rental income: £3,350
▪ Rent per room: £650
▪ Monthly Net Profit : £1,550
▪ Annual Net Profit: £18,600
▪ ROCE: 14%
▪ Gross Yield: 14%
▪ Purchase Cost: £25750
▪ Total Initial Investment :£118410

▪ Purchase price: £280,000
▪ Purchase Costs:25,750
▪ Works:£15,000
▪ GDV: £280,000

Cashflow Metrics
▪ Annual Rent: £402,00
▪ Annual Profit: £18,600
▪ Gross Yield: 14%
▪ Net Yield: 7%
▪ ROCE:14%

Room Rates per month
- 1 - £750
- 2 - £650
- 3 - £650
- 4 - £650
- 5- £650

Subject to planning permission.

Please contact for further details.