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Hazelwood Road, Northampton

East Midlands

£300,000
Listed on 12/05/2026

Property Details

Bedrooms
5
Type
Terraced
Area
2282 sqft

Description

This substantial five-bedroom licensed HMO is located in the heart of Northampton, just a short walk from the University of Northampton, making it an appealing option for both student and professional tenants. Spread across four levels, this property features well-proportioned rooms including five sizable bedrooms—with the potential to convert into six (subject to permissions)—a spacious reception area, a fitted kitchen, and two bathrooms comfortably serving multi-occupancy needs. The addition of off-road parking at the rear adds valuable convenience in this central location. The layout offers several opportunities for reconfiguration that could enhance rental income and overall yield significantly. While the property is functional as it stands, there are numerous areas where modern updates could be introduced to improve tenant appeal and comfort. This investment sits within a prime rental hotspot with strong demand for housing due to its proximity to local amenities and transport links.

Investment Analysis

(NN1 area)

Below Market Value

This property is priced -43.3% below area average per sq ft

-43.3%
Potential saving
This Property
£131/sq ft
Area Average
£232/sq ft
Avg Rent (weekly)
£210
Avg Yield
5.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£581,990
10% above area average per sq ft
Potential ROI
+71.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
36
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (NN1)

Area prices are stable by -2.0% over the last 12 months
3 year growth: -1.8%
5 year growth: +9.6%
Investment Disclaimer: Analysis based on NN1 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

Hazelwood Road, Northampton
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£1,070
Based on a loan of £225,000 over 30 years at 3.97% 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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