haart says ..
Welcome to this fantastic investment opportunity in Upton, Northampton! This eight-bedroom House in Multiple Occupation (HMO) offers a lucrative venture in the heart of a vibrant community
Property Oracle says ..
This eight-bedroom property located on Black Cat Drive in Northampton’s Sixfields area is presented as an investment opportunity, most likely targeted towards the HMO market. The interior photographs reveal a modern, recently refurbished aesthetic. The property shows evidence of updated kitchens and bathrooms, which, alongside the numerous bedrooms, suggests suitability for renting out to multiple tenants. The external photos show a terraced house with a small paved rear yard, minimal land, and a relatively quiet neighborhood. The lack of provided square footage data makes a definitive conclusion on value challenging, especially when considering comparable properties in the area, some of which list as significantly lower in price. However, the description of the property as suitable for use as an HMO, together with a moderate number of rooms and acceptable interior condition, suggests that the listing price may reflect the rental income potential of the property rather than strictly on the square footage or location. A thorough structural survey and further investigation of rental yields in the area is crucial before making any investment decisions. Proximity to amenities like the train station and Upton Meadows Primary School should be considered advantages to the potential tenant appeal.
Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 7
- Condition
- 6
- Location
- 7
- Land
- 2
- Bedrooms
- 8
- Bathrooms
- 5
- Sqft (est)
- 780.00
The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.
Metrics Year-on-Year
- Average area value
- 305,313.00 £Increased by 8.33 %
- Est sale value
- 276,120.00 £Increased by 58.74 %
- Average area rental value
- 1,049.00 £/moDecreased by 12.95 %
- Est letting value
- 780.00 £/mo
- Est rental Yield
- 4.12 %Decreased by 19.69 %
- Crime Rate
- 16.00 %Unchanged by 0.00 %
Agent Activity
haart marked this listing as sold.
haart created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Upton Meadows Primary School | Academy Converter | 0.63 KM | |
| Upton Meadows Children'S Centre | Children's Centre | 0.71 KM | |
| Millway Primary School | Community School | Good | 0.99 KM |
| Quinton House School | Other Independent School | 1.68 KM | |
| Pineham Barns Primary School | Free Schools | 1.69 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Strobel Mews | £ 175,000 | 0 | 0.00 KM |
| Latchet Lane | £ 360,000 | 0 | 0.00 KM |
| Weedon Road | £ 357,500 | 0 | 0.00 KM |
| The Crown Close | £ 0 | 0 | 0.00 KM |
| Upton Lawn Grove | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Northampton | 1069 | NMP | 3.52 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Black Cat Drive, Upton, Northampton | £ 325,000 | BUY | Unknown | 0.05 KM |
| Black Cat Drive, NORTHAMPTON, Northamptonshire, NN5 | £ 210,000 | BUY | 6 / 10 | 0.06 KM |
| Black Cat Drive, NORTHAMPTON, Northamptonshire, NN5 | £ 205,000 | BUY | 6 / 10 | 0.06 KM |
| Black Cat Drive, Upton, Northampton NN5 | £ 210,000 | BUY | 6 / 10 | 0.07 KM |
| Clickers Drive, Upton, Northampton | £ 145,000 | BUY | Unknown | 0.07 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 23 Black Cat Drive | £ 238,000 | 0.06 KM |
| 39 Black Cat Drive | £ 182,500 | 0.06 KM |
| 41 Black Cat Drive | £ 60,000 | 0.06 KM |
| 1 Black Cat Drive | £ 287,000 | 0.06 KM |
| 35 Black Cat Drive | £ 169,000 | 0.06 KM |