A fully refurbished second floor penthouse apartment, part of a three storey purpose built block on the eastern side of Stimpson Avenue.

Representing an ideal investment opportunity or first time purchase, the re-decorated interior includes spacious one bedroomed accommodation with a re-fitted kitchen and re-fitted bathroom, together with new carpets throughout. The property was previously let on an Assured Shorthold Tenancy and is now vacant with potential to achieve a rent passing of up to £6,600 per annum.

Tenure

Leasehold

Accommodation

Communal entrance hall, entrance hall, living room, kitchen/breakfast room, bedroom and bathroom

Terms of the Lease

The property will be offered on a 99 year lease commencing 1993, seventy seven years unexpired, and subject to an annual service charge of £1,054 for the financial year 2015/16.

Services

Main drainage, water and electricity are connected. Space heating is through electric night storage radiators and domestic hot water from an electric immersion heater. (None of these services has been tested).

Buyer's Administration Charge

The buyer's administration charge for this lot is £800 plus VAT (£960)

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

Scott Fowler Solicitors, Old Church Chambers, 23-24 Sandhill Road, St James, Northampton NN5 5LH, Ref: Janet Stevenson, Tel: 01604 750506

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.