£575,000
5 Bedroom Commercial Property
Montagu Street, Kettering, NN16
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
Property Description
Tenure: Freehold
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
Useful Statistics In Your Area
We have collected some useful information to help you learn more about your area and how it may affect it's value. This could be useful for those already living in the area, those considering a move or a purchase of a buy-to-let investment in the area.
Property Location
Property Street View
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 |
Mortgage Calculator
Calculate the cost of a mortgage for your new home based on available data.
Get an Instant Offer
Looking to sell quickly. OneDome's Instant Offer service can get you a cash offer within 48 hours and money in the bank in as little as 7 days. Giving you speed and certainty.
Find the best Estate Agents
Need to sell and want the best agent? Compare your local agents from thousands nationwide. Get no-obligation quotes immediately just by entering your postcode.