Located on the sought-after Lower Adelaide Street in Semilong, Northampton, this versatile three-storey terraced home offers fantastic potential for both residential buyers and investors. Previously let as a four-bedroom HMO for student accommodation, the property has been used as a Licensed HMO for the past 10 years. The HMO license expired in July 2025 and the property is currently covered by a Temporary Exemption Notice. It is also mortgaged with an HMO-specific product, underlining its suitability for continued investment use. The layout includes a front reception room currently used as a fourth bedroom or study, a central living area, a fitted kitchen leading to a private courtyard garden, and a bright rear family bathroom. The first floor offers three well-proportioned bedrooms, while the basement level provides a useful utility area and an additional WC, offering valuable storage or workspace. The home is ideally located just a short walk from Northampton town centre, the train station, and the University of Northampton’s Waterside Campus. Residents benefit from a wide range of local amenities, restaurants, gyms, and open green spaces such as The Racecourse park. With direct trains to London Euston in under an hour and excellent road access to the A45, A43, and M1, the property is extremely well-connected. Ample on-street parking and strong local rental demand further enhance the appeal, making this a smart choice for buy-to-let investors or first-time buyers looking for flexible living in a central location.