We are in the process of listing a modern one bedroom apartment for sale in Northampton and as its currently tenanted it will appeal to you if you are looking for an investment property.
It’s a top floor apartment situated with in this modern purpose built block, in The Mounts area of Northampton. Leading from the entrance hallway, there is a spacious and bright open plan kitchen, lounge and diner, a good sized bedroom with built in wardrobes and the bathroom. Location wise you can be in the town centre in just a few minute’s walk and you can also walk to Northampton railway station too as it’s approximately a mile away, and offers fast train links in to Birmingham or London Euston.
We don’t want to give too much away at this stage but I can tell you the advertising price will be £105,000 and the rental being paid by the tenants is £525.00 per month. So this is an instant yield of 6.0%, also market rents have increased and there is a potential to grow this yield too!
The service charges aren’t bad either… £ 96.40 per month approximately and there is a reasonable term left on the lease of 115 years.
So if you are interested in this property please give our office a call on 01604 607080 and register your interest with us.