Call the team on 01604 259 773 for more information
Attractive residential investment opportunity comprising a two storey town house converted to provide four self contained apartments, three let on Assured Shorthold Tenancies and the fourth vacant
Located close to the Racecourse Park just off the Kettering Road in Northampton, the property has the added benefit of a walled garden and a basement where there may be potential for further enhancement. With gas fired radiator central heating and majority double glazing, the property has been maintained in good order with gross rent potential of £22,380 per annum. The property is available freehold.
Tenure
Freehold
Accommodation
Flat One
Lounge/bedroom, kitchen and shower room
Flat Two
Lounge/kitchen/bedroom, bathroom, separate WC and cellar. Access to garden at the rear
Flat Three
Lounge/bedroom, kitchen and shower room
Flat Four
Lounge/bedroom, kitchen and shower room
Services
Main drainage, gas, water and electricity are connected. Central heating is through radiators from a gas fired boiler which also provides the domestic hot water. (None of these services has been tested).
Yield
The current yield is as follows:- Flat 1 - £435 per calendar month Flat 2 - £525 per calendar month Flat 3 - £480 per calendar month Flat 4 - £425 per calendar month (Now Vacant)
Energy Efficiency Rating (EPC)
Current Rating E
Services
Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.
Local Authority
Northampton Borough Council
Solicitors
Franklins Solicitors, 6-8 Castilian Street, Northampton NN1 1JX, Ref: Scott Wright, Tel: 01604 828282
Important Notice to Prospective Buyers:
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Additional Fees
Administration Charge - Please see above details
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.