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Colwyn Road, Northampton, Northamptonshire, NN1

PROPERTY TYPE

Terraced

BEDROOMS

6

BATHROOMS

6

SIZE

2,759 sq ft

256 sq m

TENURE
Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Freehold

Description

FREEHOLD INVESTMENT OPPORTUNITY OF FIVE SELF-CONTAINED APARTMENTS ALL LET ON ASSURED SHORT HOLD TENACIES TO PROVIDE A SUBSTANTIAL INCOME, CLOSE TO SHOPS AND PARK

High quality freehold investment property comprising five self-contained apartments situated in a popular location close to park and shopping facilities. The apartments are all currently let on a short hold assured tenancies producing a current gross rental of £53,400 per annum or an 8.5% gross yield at the asking price.

There are communal rear gardens to the rear backing onto Northampton Racecourse. Parking is on road.

PROPERTY INFORMATION

Services: Apartment one has mains gas and is heated by radiators. Apartments two to five are electric heating. All have separate meters which are located in the stairwell with the tenants paying these direct with the utilities as well as individual council tax. The landlord pays one water charge for all apartments.

Local Authority: West Northamptonshire Council
Tel.

Outgoings: All apartments are Council Tax Band A
£1,476.80 for the year 2024/2025

EPC Rating: Available

Tenure: Freehold

Leases: A copy of all leases available from the selling agents to interested parties.

Viewings: Strictly by appointment with Jackson-Stops
Tel:


Brochures

Particulars
COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
Band: TBC
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
Yes
GARDENA property has access to an outdoor space, which could be private or shared.
Yes
ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Colwyn Road, Northampton, Northamptonshire, NN1

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About Jackson-Stops, Northampton

20 Bridge Street, Northampton, NN1 1NR
Industry affiliations:
100 YEARS IN NORTHAMPTON

The year 2020 will be remembered for many things but for us, it will be the 100th year since the office was first opened in Bridge Street Northampton.  Serving the local community in all aspects of property sales and lettings has earned us the trust from many clients in the past and we looking forward to assisting new clients in the future.

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Years
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Monthly repayments
£2,979
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Disclaimer - Property reference NTH250083. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Jackson-Stops, Northampton. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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