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Rothersthorpe Road, Northampton

East Midlands

£269,995
Listed on 26/07/2025

Property Details

Bedrooms
5
Type
Terraced house
Area
990 sqft

Description

This 5-bedroom property presents a compelling opportunity for investors and landlords looking to expand their portfolios in the sought-after Far Cotton area. Currently operating as a fully licensed House in Multiple Occupation (HMO), it already delivers notable rental income and has the potential for further financial enhancement. The layout offers ample living space, and there are several avenues for renovation that could significantly increase its value. Opportunities such as converting the cellar or adding a rear extension (subject to planning permission) could make this property even more attractive to future tenants. Located just a short distance from the University of Northampton Waterside Campus, the property's position makes it ideal for catering to both students and professionals, ensuring strong demand year-round. Additionally, residents will benefit from convenient transport links and local amenities, enhancing its appeal as a rental investment. Overall, this property not only provides immediate income but also holds substantial potential for growth through thoughtful upgrades and modifications.

Investment Analysis

(NN4 area)

Below Market Value

This property is priced -13.5% below area average per sq ft

-13.5%
Potential saving
This Property
£273/sq ft
Area Average
£315/sq ft
Avg Rent (weekly)
£240
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£343,525
10% above area average per sq ft
Potential ROI
+10.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
57
Average per month
Market Turnover
25%
Properties sold annually

Local Market Trend (NN4)

Area prices are stable by +0.8% over the last 12 months
3 year growth: 1.5%
5 year growth: 16.5%
Investment Disclaimer: Analysis based on NN4 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Rothersthorpe Road, Northampton
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£989
Based on a loan of £202,496 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE