A fantastic investment opportunity presenting a vacant first-floor one-bedroom apartment offering a 120-year lease with 46 years remaining. Conveniently located on the outskirts of Northampton Town Centre, this property is within walking distance to local shops and schools.

Presenting an attractive outlook over open fields the the accommodation is accessed via a private front door on the ground floor with stairs rising to the first floor. There is a hallway that leads to a kitchen, lounge, bathroom, and two bedrooms. Outside there is off-road parking for one vehicle and access to a single garage. The property lends itself to an owner occupier but could also be let on an assured shorthold tenancy generating £825 p.c.m producing £9,900 per annum which gives an 8.6% yield.

Tenure

Leasehold.

This property comes with a garden to the front on the left-hand side, please refer to the title plan.

ACCOMMODATION

Entrance hall, landing, kitchen, lounge, bedroom one, bedroom two and bathroom.

OUTSIDE

This property comes with a garden to the front on the left-hand side, please refer to the title plan.

GARAGE

A single garage with a red up and over door to the front.

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

Additional Fees

Buyer's Premium - The purchaser will be required to pay an administration charge of £1,800 (£1500 Plus VAT)

Administration Charge - The purchaser will be required to pay an administration charge of £1,140 (£950 plus VAT).

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.