Balmoral Road, Northampton, NN2 6JZ

This expansive six-bedroom mid-terrace property, situated in a well-regarded residential area near Northampton town centre, presents an exceptional opportunity for investors and developers. Originally functioning as a licensed House in Multiple Occupation (HMO), it boasts numerous HMO features like fire-compliant doors, hence the potential for reinstatement into a compliant rental property with the appropriate consents. Now available with vacant possession, it requires substantial refurbishment throughout but holds strong prospects for high rental yield—previously generating approximately £25,000 per year, which translates to about a 10% gross yield at the guide price. The property’s advantageous location provides easy access to local amenities and public transport links, making it an appealing investment for future tenants. Viewing is by appointment only, and further details are available through our website. Offered at auction, this could be your chance to capitalize on a promising renovation project.