Call the team on 01604 259 773 for more information
Victorian period four storey town house arranged as a House in Multiple Occupation with a one bedroomed basement flat and four additional bed/sitting rooms with shower rooms en suite and one with adjacent bathroom
The property has the potential to provide a gross yield of around £25,000 per annum and has been maintained in good order by the present owners. The accommodation includes entrance hall and communal kitchen/dining room, together with utility room and there are gardens to both the front and the rear. The property stands close to Northampton Racecours Park in Trinity Ward which is an area covered by the Article 4 Direction of Northampton Borough Council, however is not registered as a licensed HMO. The property is offered with full vacant possession.
Tenure
Freehold
Accommodation
Ground Floor
Reception hall, front bedroom/sitting room, shower room en suite, kitchen/dining room and utility room
Basement Flat
Rear hall, kitchen, shower room, sitting room and bedroom
First Floor
Landing, front bedroom/sitting room, shower room en suite, rear bedroom/sitting room and bathroom
Second Floor
Bedroom/sitting room four and shower room en suite.
Planning
The property stands within an area designated under Article 4 Directions by Northampton Borough Council which removes permitted development rights after the 28th February 2012 in the defined area to the change of use of a dwelling house into a House in Multiple Occupation (HMO use Class C4). The property however has an established use an HMO (Class C4) before the Article 4 Directions were implemented.
Services
Main drainage, gas, water and electricity are connected. Central heating is through radiators from a Heatline Capris 25 gas fired boiler which was installed in 2009. The boilers also provides the domestic hot water. (None of these services has been tested).
Buyer's Administration Charge
The Buyer's Administration Charge for this property is £500 plus VAT (£600).
Energy Efficiency Rating (EPC)
Current Rating E
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
Tollers LLP, 1 Waterside Way, Bedford Road, Northampton NN4 7XD, Ref: Andrew Rudkin, Tel: 01604 258558
Important Notice to Prospective Buyers:
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
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.