This is a Leasehold Property
*** INVESTMENT OPPORTUNITY *** Chelton Brown are proud to present to the market this two bedroom top floor flat located in the popular Southbridge development, within walking distance of Northampton Town Centre.
The accommodation was fitted with new carpets and painted throughout before tenancy commenced in August 2022. (As per the pictures)
The property briefly comprises; Entrance Hallway with storage cupboard, spacious open plan Living, Dining and Kitchen area with oven, hob, extractor and washing machine. Both the First and Second Bedroom are sizeable doubles and the Bathroom benefits shower over bath and storage cupboard.
Further benefits include gas central heating and allocated parking for one vehicle.
Details Of The Tenancy - The property is let on an Assured Shorthold Tenancy £870pcm until August 2024.
INVESTMENT SALE Gross Yield of 6.7%.
Lease term - 150 years From 1st January 2006 - 132 Years Remaining.
Service Charge - £1820.00 per annum includes water for 2024/2025. Previous year £1670.00.
Ground Rent - £242.52 per annum
This information should be verified by your legal representative prior to the exchange of contracts.
• Investment Opportunity
• AST- £870pcm - 6.7% Yield
• 2 Bedrooms
• Allocated Parking
• Lounge/Kitchen/Diner
• Kitchen Area
• Bathroom
• Leasehold - 132 Years Remaining
• EPC - C
• Council Tax - C
ENTRANCE Accessed via door with secure communal area.
LOUNGE/KITCHEN/DINER 18'2" x 12'4" (5.54m x 3.76m). Spacious open plan living, dining and kitchen area
KITCHEN AREA Fitted with a range of floor and wall mounted cabinets with work surfaces over. Stainless steel sink and drainer with mixer tap over. Space for white goods. Tiling to splashbacks.
INNER HALL Doors to all rooms and airing cupboard.
BEDROOM ONE 10'4" x 9'3" (3.15m x 2.82m). uPVC double glazed window to front elevation.
BEDROOM TWO 7'5" x 9'3" (2.26m x 2.82m). uPVC double glazed window to front elevation.
BATHROOM 5'9" x 8'1" (1.75m x 2.46m). uPVC double glazed window to front elevation. Radiator. Fitted with a three piece suite comprising a panelled bath with electric shower over, pedestal wash hand basin with mixer tap and WC. Tiling to splashbacks.
Important information
This is a Leasehold Property
Property Ref: 16333_NTS240086
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