A highly attractive investment opportunity in a recently converted first-floor two-bedroom apartment positioned in the heart of Wellingborough town centre.

The property benefits from underfloor heating, high ceilings, tall double-glazed sash windows and a contemporary finish throughout. The accommodation comprises two bedrooms, a bathroom and an open-plan kitchen/living area. A strong, low-maintenance investment opportunity with excellent long-term appeal. The property is well sized at approximately 500 sqft. This investment opportunity can see annual income of £10,200 (£850 pcm) at the guide price this represents a gross yield of 20.4%

Tenure

Leasehold. 990 Remaining

ACCOMODATION

ENTRANCE HALL

Entered via communal entrance up the stairs on to the first floor and left down the corridor

KITCHEN & LIVING AREA

Modern gloss kitchen units, quartz worktops, under floor heating, high ceilings, double glazed sash windows and open plan living / kitchen space

BEDROOM ONE

Double glazed window to the front, under floor heating and TV point

BEDROOM TWO

Skylight window and built-in wardrobe.

BATHROOM

L shaped bathroom with WC, wash hand basin, shower cubicle, under floor heating, shaving point and part tiling.

DETAILS OF LEASE

Property is offered on a 999 year lease commencing 2017 with 990 years remaining.

Energy Efficiency Rating (EPC)

Current Rating C

Services

Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.

Local Authority

Northamptonshire County Council

Additional Fees

Buyer's Premium - The purchaser will be required to pay a buyers premium charge of £2,000 + VAT

Administration Charge - The purchaser will be required to pay an administration charge of £1,800 + VAT

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