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3 bedroom terraced house for sale
St Michaels Road, Northampton NN1
£240,000
St Michaels Road, Northampton NN1
£240,000
Price History
Initial price | £250,000 |
12/04/25 | £240,000 |
Price Change | -4.00% |
Description
This converted Victorian terraced house in a sought-after location near the Town Centre offers an attractive investment opportunity. The property is freehold and has been converted into two separate one-bedroom and two-bedroom apartments with independent services, generating £1455 per month in rental income. The conversion was completed in 1997, and planning and building regulation certificates are available. The property is well-presented and has tenants in both apartments, with a good yield of 7%. The ground floor apartment is rented for £685 per month, while the first-floor apartment is rented for £770 per month, with council tax bands A and EPC ratings of C and D, respectively. The tenancies run until 2025, providing a stable income stream for investors.