The Approach, Northampton, Northamptonshire, NN5
- PROPERTY TYPE
Apartment
- BEDROOMS
2
- BATHROOMS
1
- SIZE
Ask agent
Key features
- Investment Opportunity
- Safety Certs All In Place
- Already Tenanted
- £11,700 Annual Income
- Potential 9.5% Yield
- £900pa Service Charge
- £1 Peppercorn Ground Rent
- Great Location
- Excellent Block Management
Description
Currently achieving an annual rental income of £11,700, and with modest outgoings including a £900 per annum service charge and a peppercorn ground rent of just £1, this property provides an impressive gross yield of approximately 9.5%. With the tenant already in situ and all compliance certificates in place, this is a hassle-free investment from day one.
Situated within the sought-after Life Building development, the property benefits from superb on-site management and beautifully maintained communal areas. The development’s standout feature—the iconic former Express Lift Tower, now a local landmark—hosts regular charity events such as abseiling, contributing to the building’s strong community appeal and continued tenant demand.
The ground-floor apartment comes with allocated parking and is presented in excellent condition throughout. It features neutral décor, well-maintained carpeting, and a modern fitted kitchen complete with appliances. The spacious living area easily accommodates both lounge and dining furniture, while the two generous double bedrooms include built-in wardrobes for added convenience. The contemporary bathroom offers a shower-over-bath setup, perfect for modern living.
All essential safety certificates are already in place, including the EPC, EICR, and Gas Safety Certificate, ensuring full compliance and peace of mind for any investor.
This property represents an exceptional opportunity to acquire a well-managed, income-generating asset in a highly regarded development with excellent ongoing rental potential.
Don’t miss out on this ready-made investment—contact Chelton Brown today to arrange your viewing.
- 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: C
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Allocated
- GARDENA property has access to an outdoor space, which could be private or shared.
- Ask agent
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- Lateral living,Step-free access,Wide doorways,Level access
The Approach, Northampton, Northamptonshire, NN5
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Visit our security centre to find out moreDisclaimer - Property reference NOR250150. 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 Chelton Brown, 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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