6-bedroom terraced house · NN2 6JZ
Listing removedListed 73 daysAuction 23 Sep · ended
Opportunity summary
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About
For sale by auction on Wednesday, 23 Sep 2026 at 11:00 Venue: Livestream Occupying a popular residential position close to Northampton town centre, this substantial six-bedroom Victorian/Edwardian mid-terrace property extends to approximately 1,539 sq ft and presents an outstanding value-add opportunity for investors and developers.
It was previously operated as a licensed HMO & the property retains many HMO features.
The property is offered with vacant possession, the property requires comprehensive refurbishment throughout but has the potential to generate a strong rental return once improved.
The property retains many HMO features, including fire-compliant internal doors, offering excellent potential for reinstatement as a compliant House in Multiple Occupation, subject to the necessary consents and licensing.the property retains many HMO features, including fire-compliant internal doors, offering excellent potential for reinstatement as a compliant House in Multiple Occupation, subject to the necessary consents and licensing.
Ideally located close to Northampton Railway Station, local amenities and major road links, the property previously achieved circa £25,000 per annum in rental income, representing an attractive 10% gross yield at the guide price.
Accommodation bedroom one Bay window to front elevation, carpet flooring, radiator & access to en-suite bathroom kitchen Double glazed UPVC windows to side aspect, wall & base level kitchen units, gas cooker with oven & extractor, fridge, stainless steel sink with tap, exposed boiler & access to cellar, side access to garden & rear bedroom bedroom two Double bedroom with bay window to rear aspect, small window to side & carpet flooring, bedroom accessed through kitchen bedroom three Double bedroom, double glazed UPVC windows to rear aspect, radiator & carpet flooring bedroom four Double bedroom, windows to rear aspect, built in storage cupboard & carpet flooring bedroom five Double bedroom with dual windows to front aspect, red carpets, long single paneled radiator, partial stone & shelving on side walls bedroom six Top floor double bedroom, windows to rear aspect, radiator, walk in wardrobe/ closet area in eaves with additional storage bathroom Window to side aspect, low level WC, hand wash basin & bathtub with shower cellar & rear garden Basement accessed through kitchen has washing appliances including washing machine & dryer, has electrics & access to rear garden.
Paved slate patio areas, partially raised area for seating, large trees at the rear Additional Fees Buyers Premium: The purchaser will be required to pay a buyers premium of £1,950 ex VAT (£2,340 inc VAT).
Administration Charge - The purchaser will be required to pay a buyers admin charge of £1,500 ex VAT (£1,800 inc VAT).
Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Price Information * Guides are provided as an indication of each seller's minimum expectation.
They are not necessarily figures which a property will sell for and may change at any time prior to the auction.
Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
Additional Fees Information Please be aware there may be additional fees payable on top of the final sale price.
This includes and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion.
Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.
Value & comps
No previous sales on record.
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Returns
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Archie refurb estimate: a Pro feature
0.0% below starting price
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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 88 Balmoral Road, Northampton
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