5-bedroom semi-detached house · NN18 0NR
Sold STCListed 59 days
Opportunity summary
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About
"Ready to Let - Investment Ready" Offering an excellent opportunity for investors, this established five-bedroom HMO is offered for sale with vacant possession and no onward chain, allowing the successful purchaser to set rents at current market levels.
Conveniently located close to the town centre and excellent transport links, the property has the potential to generate an annual rental income of approximately £28,500.
The accommodation comprises five well-proportioned bedrooms, two benefiting from en-suite shower rooms, together with a family bathroom and separate guest WC.
There is a fitted communal kitchen and a rear reception room, providing a comfortable shared living space for occupants.
Outside, the property enjoys both front and rear gardens, with useful shed storage to the rear.
Description: Offered for sale with NO CHAIN, this semi detached house has been converted into HMO accommodation, ready for the next owner to start generating a strong rental income.
The accommodation on offer includes an entrance hall with guest WC and stairs rising to the first floor landing. There is a ground floor bedroom with a shower room en-suite.
The kitchen is fitted with a range of wall and base level units with work surfaces incorporating a sink with drainer and mixer tap with ceramic tiled wall surrounds.
There are two single ovens and a hob with extractor hood. Ceramic tiled floor. There is a utility room which provides space and plumbing for a washing machine.
The ground floor accommodation is extended to provide a lounge area.
From the first floor landing there is a bathroom which services three of the first floor bedrooms while there is a double room which benefits from an en-suite shower room.
Gas fired central heating system and uPVC double glazed windows. Outside: The front garden is retained with gated access.
There is gated pedestrian access to the rear garden which is enclosed and offers shed storage. There is on street parking dedicated at the top of the street.
Room Measurements: Living Room - 6.91m x 1.68m (22'8" x 5'6") Kitchen - 5.21m x 2.67m (17'1" x 8'9") max Utility Room - 1.4m x 2.26m (4'7" x 7'5") Room One - 3.86m x 3.12m (12'8" x 10'3") Ensuite - 1.83m x 1.3m (6'0" x 4'3") Bedroom Two - 3.91m x 2.97m (12'10" x 9'9") max Ensuite - 1.35m x 1.24m (4'5" x 4'1") Bedroom Three - 3.33m x 2.16m (10'11" x 7'1") Bedroom Four - 3.17m x 2.18m (10'5" x 7'2") Bedroom Five - 4.17m x 3.38m (13'8" x 11'1") max Bathroom - 1.83m x 1.88m (6'0" x 6'2")
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About Scarborough Walk, Corby, Northamptonshire, NN18 0NR
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