A two-bedroomed, tenth-floor apartment overlooking Northampton town centre is currently let on an Assured Shorthold Tenancy, generating £875 per calendar month, offering a 12% yield.

The property is in good order and enjoys fabulous views over Northampton town centre, with the accommodation extending to approximately 550 square feet. The property is presented in good order, offering two double bedrooms, a bathroom and an open plan lounge/kitchen/diner. The tenant also has parking for one vehicle. There is also access to a private rear balcony with south-facing views. This building enjoys a communal entrance hall where residents can access a private gym.

Tenure

Leasehold.

ACCOMMODATION

Ground floor communal entrance hall.

APARTMENT ACCOMMODATION

Entrance hall, lounge/kitchen/diner, bedroom one, bedroom two and bathroom.

OUTSIDE

Balcony.

TERMS OF THE LEASE

The property is on a 125 year lease with 102 years remaining. Please refer to the legal pack.

Energy Efficiency Rating (EPC)

Current Rating C

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

Additional Fees

Buyer's Premium - The purchaser will be required to pay a buyers premium charge of £1,800 (£1,500 plus VAT).

Administration Charge - The purchaser will be required to pay an administration charge of £1,080 (£900 plus VAT).

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