Victoria Road, Rushden, Northants
- PROPERTY TYPE
Block of Apartments
- BEDROOMS
2
- BATHROOMS
2
- SIZE
Ask agent
- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Key features
- Freehold block of two one-bedroom flats
- Sold together as one investment opportunity
- No service charge, ground rent or formal block management fees
- Combined rental income of £15,900 per annum
- Gross yield of 6.36% based on the guide price
- Well-presented accommodation
- Double glazing
- Electric heating
- Established income-producing investment
- No chain
Description
The property comprises a ground floor flat and a first floor flat, both currently let, producing a combined rental income of £15,900 per annum, representing a gross yield of 6.36% based on the guide price of £250,000.
Each flat offers well-proportioned one-bedroom accommodation, arranged to provide practical and comfortable day-to-day living. Features across the block include double glazing, electric heating and immersion tanks, with both flats offering straightforward, manageable layouts that are well suited to the rental market.
A particular benefit of this opportunity is that the property is being sold freehold, with no service charges, no ground rent and no formal block management costs, making it an attractive and uncomplicated addition to an investor’s portfolio.
This is an ideal purchase for buyers seeking an income-producing residential investment with two established tenancies already in place.
Flat 1 – Ground Floor Flat -
Living Room - 11'6" x 11'1" - A bright and comfortable reception room offering space for lounge furniture and everyday living. A well-proportioned main living area with a welcoming feel.
Kitchen - 11'4" x 7'11" - Fitted with a range of contemporary wall and base units with work surfaces over, inset sink and drainer, integrated oven, hob and extractor. Space for additional appliances, with the room designed to make efficient use of the available space.
Bedroom - 14'5" x 7'8" - A well-proportioned double bedroom providing ample space for a bed and freestanding furniture. A comfortable and versatile room, suitable as a main bedroom with space for wardrobes and storage.
Shower Room - approx. 3'7" x 4'7" - Fitted as a shower room with modern styling, providing practical day-to-day use and arranged to complement the rest of the accommodation
Hallway / Landing Area - Providing access between the principal rooms, with a useful storage cupboard adding to the practicality of the layout.
Flat 2 – First Floor Flat -
Living Room - 11'3" x 11'10" - A bright and spacious main reception room with good natural light and ample space for lounge furniture. A comfortable everyday living area, ideal for relaxing or entertaining.
Bedroom - 8'4" x 14'6" - A well-proportioned double bedroom offering space for a double bed and additional freestanding furniture. A comfortable principal bedroom with a pleasant, cosy feel.
Kitchen - 10'10" x 5'3" - Fitted kitchen with space for units, work preparation areas and appliances. A practical room designed to make efficient use of the available space, with natural light adding to its appeal.
Bathroom - 4'11" x 8'3" - Fitted bathroom serving the property for day-to-day use. A practical space with scope for a purchaser to style to their own taste if desired.
Cloakroom / Store - Useful additional area positioned off the hall, ideal for coats, household items or general storage, adding further practicality to the accommodation.
Note For Buyers - Please note, pictures of the ground floor flat were taken prior to this tenancy.
Disclaimer - 1.Money Laundering: Buyers will need to provide ID, proof of address, and evidence of funds in line with current regulations. If funds are from a third party (e.g. family), we may also request their documents.
2. Photographs: Some images may have been taken with a wide-angle lens to help show the space or layout.
3. Measurements & Fixtures: All sizes are approximate and for guidance only. Buyers should confirm before incurring costs. We have not tested any appliances or systems.
4. Title & Legal Checks: Prime Choice Ltd has not checked the legal title or planning consents. Buyers must confirm these with their solicitor.
5. Offer Process: We may request proof of deposit or an Agreement in Principle when an offer is made, to ensure vendors are dealing with serious buyers. All information is treated in confidence.
6. General Information: These details are provided to help you decide whether to view. They do not form part of any offer or contract. Buyers are advised to make their own investigations and obtain a survey before exchange.
Brochures
Victoria Road, Rushden, NorthantsBrochure- 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: A
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- On street
- 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.
- Ask agent
Victoria Road, Rushden, Northants
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Visit our security centre to find out moreDisclaimer - Property reference 34618991. 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 Prime Choice Ltd, Rushden. 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.
*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited. **This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.
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