3-bedroom semi-detached house · NN12 6EA
Listing removedListed 55 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Available Mid September, this semi-detached home offers an entrance hall, sitting room and kitchen/dining room to the ground floor, with three bedrooms and a bathroom to the first floor.
Outside there are gardens to both the front and rear, with a detached single garage and gravel driveway to the front.
EPC Rating: D The Ground Floor Entered via a uPVC door from the side, the entrance hall has stairs to the first floor. The sitting room overlooks the front garden.
The kitchen/dining room is fitted with a range of units and is equipped with a sink, built-in electric oven, four-ring ceramic hob with extractor, fridge, freezer and washing machine, with the wall-mounted gas boiler also located here.
Sliding patio doors from the dining area open onto the rear garden. The First Floor The landing has an airing cupboard housing the hot water tank and access to the loft space.
There are three bedrooms and a bathroom fitted with a bath with shower attachment and pivoting glass screen, vanity wash basin and W.C.
Rear Garden The rear garden is predominantly laid to lawn with a selection of mature shrubs and trees and a patio seating area adjacent to the property, with an outside tap and side access.
Front Garden The front garden is laid to lawn with mature shrubs to the front of the home. Garage & Driveway There is a detached single garage with a metal up and over door.
Please note that vehicular access to the garage is restricted due to the width of the side access. A gravel driveway to the front of the property provides off road parking.
Tenancy Agreement An Assured Periodic Tenancy Agreement must be signed by all tenants.
(A tenant is any person over the age of eighteen years who will be residing in the property on a permanent basis).
Anyone entering into this agreement must understand it is legally binding and be aware of the responsibilities and liabilities involved. The property is let unfurnished.
Holding Deposit A holding deposit of £300.00 is payable to reserve this property. This is the equivalent to no more than one week's rent.
The deadline for entering into a tenancy agreement is 15 calendar days from receipt of the holding deposit, unless a different deadline is agreed in writing.
If a tenancy is entered into, the holding deposit will be deducted from the first month's rent.
The holding deposit will be retained where a tenant or guarantor (a) provides false or misleading information which materially affects their suitability to rent the property or (b) fails a Right to Rent check or (c) withdraws from the proposed tenancy; or (d) fails to take all reasonable steps to enter into the tenancy agreement before the deadline — for example, failing to provide information reasonably required to support the application.
If we withdraw from the proposed tenancy for reasons unrelated to the above, the holding deposit will be refunded in full within 7 calendar days.
Security Deposit A security deposit of £1500.00 is payable. This is equivalent to no more than five weeks’ rent.
This covers damages or defaults on the part of the tenant during the tenancy and must be paid by bank transfer before the tenancy is executed.
Fees for tenancy changes Where a tenant requests a change to the tenancy agreement, for example, adding or removing a permitted occupier, a charge of £50 towards the work involved in updating the agreement is payable.
Payments if a tenant wants to end a tenancy early If a tenant requests to leave a tenancy before they are entitled to do so, or without giving the required notice, the tenant may remain liable for rent and other contractual obligations until the tenancy legally ends.
Any payment required from the tenant will not exceed the financial loss reasonably suffered by the landlord and will not exceed the amount of rent that would have been payable had the tenancy continued for the required notice period.
Unpaid Rent Interest is charged at 3% above the Bank of England Base Rate from Rent Due Date until paid in order to pursue non-payment of rent.
Please Note: This will not be levied until the rent is more than 14 days in arrears.
Lost Keys or other Security Devices Tenants are liable to the actual cost of replacing any lost key(s) or other security device(s).
If the loss results in locks needing to be changed, the actual costs of a locksmith, new lock and replacement keys for the tenant, landlord or any other persons requiring keys, will be charged to the tenant.
If extra costs are incurred there will be a charge of £15 per hour (inc. VAT) for the time taken replacing lost keys or other security devices.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
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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
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FAQ
About Highfields, Towcester, NN12
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