£575,000

5 Bedroom Commercial Property

Montagu Street, Kettering, NN16

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First listed on: 11th April 2024

Nearest stations:

  • Kettering (0.9 mi)
  • Corby (6.2 mi)
  • Wellingborough (7 mi)
  • Market Harborough (9.6 mi)

Interested?

Call: See phone number 01582 249155

Further Informations

More Information 1

More Information 2

Property Features

  • Commercial Property
  • Investment Opportunity
  • Lettable Residential Spaces
  • Use Class C3 and C4
  • From 2411.12 Sq ft (approx.)

Property Description

Tenure: Freehold

Venture Residential 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.

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.

Don`t miss out on this attractive investment opportunity in prime location.

Notice
Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.

Council Tax
Luton Borough Council, Band A

Further Informations

More Information 1

More Information 2

Property Features

  • Commercial Property
  • Investment Opportunity
  • Lettable Residential Spaces
  • Use Class C3 and C4
  • From 2411.12 Sq ft (approx.)

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Price History

Listed prices are those submitted to us and may not reflect the actual selling price of this property.

Date History Details
12/04/2024 Property listed at £575,000

Disclaimer

Disclaimer Property reference F56D07294E6EF5_6107. Details are provided and maintained by Venture Residential. Nethouseprices.com makes no warranty as to the accuracy or completeness of aforementioned details.

This property is marketed by:
Venture Residential, Luton

9 Compton Avenue

Luton

Bedfordshire

LU4 9AX

Tel: See phone number 01582 249155

Arrange Viewing with AgentArrange Viewing Check AffordabilityCheck Affordability

Disclaimer

Disclaimer Property reference F56D07294E6EF5_6107. Details are provided and maintained by Venture Residential. Nethouseprices.com makes no warranty as to the accuracy or completeness of aforementioned details.

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This property is marketed by:
Venture Residential, Luton

9 Compton Avenue

Luton

Bedfordshire

LU4 9AX

Tel: See phone number 01582 249155

Arrange Viewing with AgentArrange Viewing Check AffordabilityCheck Affordability
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