A contemporary one bedroomed top floor apartment located in a historic building in the heart of Northampton town centre providing approximately 490 square feet of internal living space.

The accommodation comprises communal entrance hall, private entrance hall, semi open plan lounge, kitchen and diner, double bedroom and a re-fitted bathroom. Further benefits include UPVC double glazing, electric wall heating and secure telecom entry system.

Tenure

Leasehold

Accommodation

Communal entrance hall, private entrance hall, lounge/kitchen/diner, bedroom and bathroom.

Lease Details

The property is offered for sale on a 125 year lease from 2003 with 104 years remaining. There is an annual service charge currently at £160 per month with a ground rent of £100 per annum. There is a potential rental income of £675 per calendar month to generate a net yield of 7.5% calculated from upper end of the guide price.

VIEWINGS

BY APPOINTMENT ONLY SATURDAY 18TH & 25TH JUNE 1.00 TO 1.30PM - CALL 01604 259773

Energy Efficiency Rating (EPC)

Current Rating E

Local Authority

Northampton Borough Council. Tel: 0300 330 7000

Solicitors

Key Conveyancing, 18 Queensbridge, Bedford Road, Northampton, NN4 6BF, Ref: Harry Wild, Tel: 01604 210680

Additional Fees

Buyer's Premium - The purchaser will also be required to pay a buyer's premium of £240 (£200 plus VAT).

Administration Charge - The purchaser will be required to pay an administration charge of £600 (£500 plus VAT).

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