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Montagu Street, Kettering, Northamptonshire, NN16

Guide Price
£575,000

£238.49 per sq ft

Business rates & charges may apply

Stimpsons Eves, Bedford
SIZE AVAILABLE

2,411 sq ft

224 sq m

SECTOR

Commercial property for sale

Key features

  • Investment opportunity
  • Two separate units
  • Generating rental income

Description

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.

Brochures

Montagu Street, Kettering, Northamptonshire, NN16

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Kettering Station0.9 miles

About Stimpsons Eves, Bedford

Goldington Road, Bedford, MK40 3JY

Notes

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Disclaimer - Property reference 1027FH. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Stimpsons Eves, Bedford. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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