Pen Green Lane, Corby, NN17 1BL

This substantial and high-yielding five-bedroom semi-detached HMO is ideally positioned on Pen Green Lane in the popular Lloyds area of Corby, a location well-regarded for its close proximity to local amenities, transport links, and employment hubs. The area itself is predominantly made up of similar semi-detached housing, making it a well-established and consistently in-demand residential setting .

The property has been thoughtfully reconfigured and adapted to operate as a fully compliant House in Multiple Occupation, maximising both space and rental potential. The accommodation is arranged to provide five well-proportioned letting rooms, alongside communal living facilities including a fitted kitchen and shared amenities, all presented in a practical and tenant-friendly layout.

Externally, the property benefits from a private rear garden and off-road parking, features which are particularly attractive to tenants and enhance overall occupancy levels. The position on a generous plot, typical of properties along Pen Green Lane, further adds to its appeal and long-term investment potential.

Financially, the property performs strongly, generating a gross annual income of approximately £33,600, reflecting its effective layout and desirable location. The consistent demand for rental accommodation in this part of Corby—combined with the scarcity of well-configured HMOs—ensures this property represents a compelling investment opportunity.

Offering a ready-made income stream, scope for further optimisation, and a sought-after location, this impressive HMO is ideally suited to both seasoned investors and those looking to expand their portfolio within a proven rental market.

Entrance Hall. - With staircase to first floor, doors to Kitchen and bedroom one and two.

Kitchen - 3.66m x 3.11 (12'0" x 10'2") - Fully fitted kitchen with both base level and eye level units. Window to front elevation.

Bedroom One. - 4.01m x 3.66m (13'2 x 12) - fully independent bedroom currently let, window and radiator.

Bedroom Two. - 3.10m x 3.00m (10'2 x 9'10) - Full serviceable bedroom room to let, window and radiator.

First Floor Landing -

Bedroom Three - 4.17m x 3.71m (13'8 x 12'2) - Fully serviceable room that is currently fully let,window and radiator.

Bedroom Four. - 3.10m x 3.00m (10'2 x 9'10) - Fully let bedroom, window and radiator.

Bedroom Five - 3.10m x 2.49m (10'2 x 8'2) - Fully let bedroom with radiator and window.

Shower Room. - Fully fitted shower room with low level cistern and hand basin.

First Flooor Wc. - Low level cistern with hand basin.