For Sale By Auction | 11:00, 24 September 2025 | Lot 4

22 Cherry Close, Northampton, Northamptonshire NN3 2TQ

*Guide | £80,000 - £90,000 (plus fees)

  • Flat
  • 1 Bedroom
  • Tenure: Leasehold. Please refer to the legal pack

Call the team on 01604 259 773 for more information

Auction Date

Wed 24/09/2025

Auction Time

11:00

Auction Venue

Livestream

Viewing Times:

Sat 20 Sep

By appointment only - 12.00pm to 12.30pm

This well-presented one-bedroom apartment, set on the third floor, represents an excellent investment opportunity.

The interior is arranged with an entrance hall, a fitted kitchen, a modern bathroom, a spacious lounge/diner and a comfortable bedroom with the benefit of a large storage room. Currently let on an Assured Shorthold Tenancy, the property generates £700 per calendar month, providing an appealing yield of 9.3%. The tenant has been served a Section 21 notice, though they are also happy to remain in residence, giving flexibility to the new owner.

Tenure

Leasehold. Please refer to the legal pack

ACCOMMODATION

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

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

Solicitors

Key Conveyancing, Ref: Harry Wild, Tel: 01604 210680

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

Buyer's Premium - The purchaser will be required to pay a buyers premium charge of £1,320 (£1,100 plus VAT).

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.

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Disclaimer: The map preview provided above is for general guidance only and may not accurately reflect the exact location or surrounding buildings. Prospective buyers and interested parties are strongly advised to independently verify the precise location and surroundings before bidding.