2 Bed Apartment House For Sale River View, Northampton, NN4

£150,000- Apartment

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Last Updated: 20th May 2024

Description

*** 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 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.
Agent Details
Chelton Brown
4/5 George Row, Northampton, NN1 1DF

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Legal - YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT.

Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
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