This is a Leasehold Property
This property listing is now SSTC
1 Bedroom Apartment for sale in Northampton
1
Attention Property Investors!
Are you looking for a hassle-free buy-to-let opportunity with returns from day one? Look no further! Offered with tenants in situ achieving £10,200 per annum, this well-maintained 1-bedroom apartment in the popular Southbridge Development represents an impressive 8.7% yield when purchased with cash, or a whopping 23.87% annual return on investment when purchased with a buy-to-let mortgage!
Currently under full management by Chelton Brown, rest easy knowing that the property is fully certified, including an electrical installation condition report, energy performance certificate, and registered deposit. With a tenant in situ, a return is locked in from day one and guaranteed with a new 12-month agreement. Upon completion, we will even handle the transition, making it a great buy for first-time and seasoned investors alike.
Situated on the second floor of the development, this well-presented one-bedroom flat features an entrance hall, living room, separate kitchen, bathroom with shower over the bath, and a generous-sized double bedroom. Further benefits include UPVC double glazing and dedicated parking.
Located within walking distance of the town centre and the university, the property offers excellent transport links with good access to the M1 junction 15 and Northampton Train Station, meaning London Euston is under an hour away.
105 Years Remaining on the Lease
Service Charge: £608 per annum
Ground Rent: £195 per annum
Mortgage figures are based on a 50% loan-to-value with a 5.5% interest-only mortgage.
For buy-to-let advice, speak to one of our in-house advisors today.
• Town Centre Location
• One Double Bedroom
• Separate Kitchen
• Allocated Parking
• Great Transport Links
• Buy/Investment
• No Upward Chain
Hallway 9'3" (2.83m) (9'3" (2.82m)) x 3'1" (0.94m) (3'1" (0.94m)). On entrenace from the communal landing, you eneter into the hallway. Doors lead to the living area, bedroom and bathroom.
Living Area 17'7" (5.37m) (17'8" (5.38m)) x 9'6" (2.90m) (9'6" (2.9m)). The light and airy living area is of an open plan design. This generous room offers flexibility as a living/dining room. Access to the kitchen. Window to the rear aspect.
Master Bedroom 12'6" (3.82m) (12'7" (3.84m)) x 9'7" (2.93m) (9'7" (2.92m)). The spacious Master Bedroom has a window to the rear aspect.
Common Areas This well managed building offers clean and tidy common areas bothin inside and outside. There are allocated parking spaces for eacgh apaprtment, bin stores and a secure entry intercom system to the building
Kitchen 9'6" (2.90m) (9'6" (2.9m)) x 6'7" (2.00m) (6'7" (2m)). The fitted kitchen comprises a range of eye level and base units to include worktop, sink and drainer, oven hob and extractor. There is plenty of space for free standing appliances.
Bathroom 7'1" (2.17m) (7'2" (2.18m)) x 6'2" (1.89m) (6'2" (1.88m)). The bathroom comprises a white suite to include bath with fitted side panel, basin and pedestal and low level flush WC.
Important information
This is not a Shared Ownership Property
Property Ref: 16333_NTS240101
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Chelton Brown (Northampton)
George Row, Northampton, Northamptonshire, NN1 1DF
01604 603433
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