A substantial bay fronted Victoria townhouse arranged over three floors plus basement and converted to provide three self contained studio apartments each let on Assured Shorthold Tenancies producing a yield of £17,820 per annum.

The property is presented in good order having been well maintained by the present landlord who has upgraded the accommodation with re-fitted kitchens and shower rooms, new carpeting and re-decoration. The interior extends to a floor area of approximately 1,340 square feet broken down as ground floor flat 290 square feet, first floor flat 320 square feet and second floor flat 333 square feet plus basement and common areas. Externally there is a private fenced courtyard to the rear.

Tenure

Freehold

Accommodation

Reception hall and cellar.

Flat One - Ground Floor

Entrance hall, bed/sitting room, kitchen and shower room.

Flat Two - First Floor

Entrance hall, bed/sitting room, kitchen and shower room.

Flat Three - Second Floor

Entrance hall, bed/sitting room, utility landing, kitchen and shower room.

Outside

The paved courtyard provides external space for drying of clothes and is bounded by close boarded fencing.

Schedules Of Rent

Flat One - Ground Floor - £6,000 per annum Flat Two - First Floor - £6,000 per annum Flat Three - Second Floor - £5,820 per annum Total Gross - £17,820

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

Key Conveyancing, St Edmunds House, St Edmunds Road, Northampton, NN1 5DY, Ref: Harry Wild, Tel: 01604 210680

Additional Fees

Administration Charge - The purchaser will be required to pay an administration charge of £900 (£750 plus VAT)

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