An ideal investment opportunity comprising a ground floor one bedroomed maisonette in a cul-de-sac location approximately two miles to the east of Northampton town centre

With accommodation comprising an entrance hall, lounge/dining room, kitchen, one double bedroom and a bathroom, together with allocated parking space and communal lawned garden to the side. The property is currently let on an Assured Shorthold Tenancy at a rent passing of £460 per calendar month which is below the current commercial rent for the property and which could be improved upon renewal.

Tenure

Leasehold

Accommodation

Entrance hall, lounge, kitchen, inner lobby, bedroom and bathroom

Services

Main drainage, water and electricity are connected. Space heating is provided by electric heaters. (None of these services has been tested).

Terms of the Lease

The property is offered for sale with the benefit of a 94 year lease which commenced The current service charge is £923 per annum with a ground rent of £74 per annum.

Buyer's Administration Charge

The Buyer's Administration Charge for this property is £750 plus VAT (£900).

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

Solicitors

SP Law, 110 Whitworth Road, Abington, Northampton NN1 4HJ, Ref: Martin Sharman, Tel: 01604 638905

Additional Fees

Administration Charge - Please see above details

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