29 Agnes Road, Northampton, Northamptonshire, NN2 6EU

  • Unconditional Online Sale
  • Offers in Excess of : £400,000
  • Bedrooms: 7
  • Bathrooms: 7
  • Reception Rooms: 1

Fully Licensed 7-Bed 7-Bath HMO (5 Ensuites) | Vacant Possession | £53,664 Proven Income Potential | 13.42% Gross Yield | Flexible Tenant Strategy | Prime Northampton Location

Description

This spacious, modern, fully licensed 7-bedroom HMO—featuring seven bathrooms, including five ensuite bedrooms—presents an outstanding investment opportunity in a prime Northampton location. Successfully operated as a student HMO, the property is now vacant following the expiry of the most recent student tenancy, with the vendor intentionally not securing tenants for the forthcoming academic year to provide maximum flexibility for an incoming purchaser. The projected gross annual rental income of £53,664.24 and attractive 13.42% gross yield are based on the most recent student tenancy, while the vacant possession also allows investors to pursue alternative rental strategies, including professionals, supported housing, or other high-demand tenant profiles.

Ideally positioned close to the University of Northampton, Northampton town centre, major employers, and a wide range of local amenities, the property benefits from consistently strong rental demand. Excellent transport connectivity via direct rail links to London and Birmingham, together with easy access to the M1 and A45, further enhances its appeal. Supported by the ongoing Waterside regeneration, continued town centre investment, and the university's expansion, this versatile HMO represents a high-performing investment opportunity with strong income potential and long-term capital growth prospects in one of the Midlands' most resilient rental markets.

Income Breakdown (Monthly)

Room 1: £638.86
Room 2: £638.86
Room 3: £638.86
Room 4: £638.86
Room 5: £638.86
Room 6: £638.86
Room 7: £638.86
Total Monthly Income: £4,472.02
Total Annual Income: £53,664.24

Expenditure Breakdown (Monthly):

Gas: £119.42
Electric: £92.83
Water: £78.12
Council Tax: Band C (Not payable under the most recent student tenancy. Future liability will depend on the chosen letting strategy)
TV License: £14.00
Broadband: £39.60
Maintenance: £291.67
Management: Self-managed
Total Monthly Expenditure: £635.64
Total Annual Expenditure: £7,627.68

Investment Performance:

Net Annual Income: £46,036.56
Gross Yield: 13.42%
Net Yield: 11.51%
*These figures are based on the most recent student tenancy agreement and reflect the rents previously achieved at the property. Future rental income will depend on an investor's chosen letting strategy and market conditions*

Committed Sale Process

This property is offered for sale via the HMO X Committed Sale process. Buyers are advised to review the full Terms & Conditions of sale and all documentation contained within the legal pack before making an offer.

If your offer is accepted, a £3,500 reservation deposit will be required to secure the property and remove it from the market. The deposit is not a buyer’s fee and will be credited toward the purchase price on exchange.

Full details of the Committed Sale process are available within the legal pack or from the HMO X team.

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Financing

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Get in touch with VIBE Finance today to explore the best financing options for your next HMO purchase

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