Mill Road, Kettering, Northamptonshire, NN16

** Turnkey Investment Opportunity - 2 x 1 Bedroom Apartments - Modern Method of Auction **

Take a look at our high definition VIRTUAL TOUR for an immersive preview of this turnkey investment property which is offered to the market via the modern method of auction – an opportunity not to be missed!

Set on a single title, the property has been thoughtfully divided into two spacious one-bedroom apartments, both presented in fantastic condition and sold with referenced tenants in situ, providing immediate rental income.

The ground floor tenant currently pays £625 PCM, with the first floor tenant paying £600 PCM, however there is scope to increase both rents in line with current market values upon completion, offering an excellent opportunity to enhance yield from day one.

Ideally situated within walking distance of Kettering town centre, the property enjoys a highly convenient and sought-after location for tenants.

A wide range of amenities are close by, including supermarkets, independent shops, cafés and leisure facilities, along with well-regarded schools and green spaces.

Set back from the road, the property is approached via a neat front garden leading to a shared entrance serving both apartments.

- Ground Floor Apartment:

Upon entry, the ground floor apartment opens into a bright and spacious open-plan living area, enhanced by a large bay window to the front and an additional window to the rear, allowing for plenty of natural light.

The space comfortably accommodates both lounge and dining furniture and includes a useful built-in storage cupboard.

The well-maintained kitchen area offers a range of storage units along with worktop space and integrated cooking facilities included.

To the rear, a double sized bedroom leads through to a shower room/WC.

This apartment further benefits from a private enclosed rear garden and access to a brick-built barn providing valuable storage space.

- First Floor Apartment:

The first floor apartment is equally well presented and offers versatile accommodation. A particularly large front-facing room is currently utilised as a bedroom/study, complemented by a separate room toward the rear utilised as a cosy sitting room.

To the rear, a dressing area with a built-in wardrobe leads to a modern shower room fitted with a fresh, contemporary suite.

The separate kitchen has been re-fitted with a generous range of base and wall units, work surfaces, and integrated cooking facilities are included.

This apartment also has access to a loft space providing useful storage space.

Both apartments are maintained to a high standard, making this an ideal investment for landlords seeking a ready-made addition to their portfolio in a strong and well-connected rental location.

Early viewing is highly recommended. Take advantage of the high-definition virtual tour to fully appreciate the property first, then contact our friendly team to arrange your viewing and find out more today!

PLEASE NOTE:

This property is for sale by Modern Method of Auction allowing the buyer and seller to complete within a 56 Day Reservation Period.

Interested parties’ personal data will be shared with the Auctioneer (iamsold Ltd).

If considering a mortgage, inspect and consider the property carefully with your lender before bidding.

A Buyer Information Pack is provided, which you must view before bidding. The buyer is responsible for the Pack fee. For the most recent information on the Buyer Information Pack fee, please contact the iamsold team.

The buyer signs a Reservation Agreement and makes payment of a Non-Refundable Reservation Fee of 4.5% of the purchase
price inc VAT, subject to a minimum of £6,600 inc. VAT.

This Fee is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price.

The Fee is considered within calculations for stamp duty.

Services may be recommended by the Agent/Auctioneer in which they will receive payment from the service provider if the service is taken.

Payment varies but will be no more than £960 inc. VAT. These services are optional.

IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS:
We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller. POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases.

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