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Lea Way, Wellingborough

PROPERTY TYPE

Terraced

BEDROOMS

3

BATHROOMS

1

SIZE

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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

Floor plan
1

Key features

  • Three bedroom terraced home
  • Investment Purchase Only - Tenants in Situ
  • Spacious kitchen/dining room
  • Downstairs WC
  • Brick-built storage outbuilding
  • Backs onto open green space

Description

An opportunity to acquire a three-bedroom terraced investment property with a tenant already in occupation, providing an immediate rental income from completion.Situated within a popular residential area of Wellingborough, the property offers spacious accommodation throughout and has proven to be an attractive long-term rental home. Its practical layout and convenient location continue to make it appealing to tenants, making it an ideal addition to both new and established property portfolios.The ground floor comprises an entrance hall, downstairs cloakroom/WC, a generous living room and a spacious kitchen/dining room extending to approximately six metres in length, offering ample space for everyday living and dining. The kitchen also provides direct access to the enclosed rear garden.To the first floor are three bedrooms together with a family bathroom.Externally, the property benefits from an enclosed rear garden incorporating a decked seating area, paved patio and a useful brick-built outbuilding providing additional storage. The garden also enjoys an open aspect to the rear, backing onto green space.The property is currently let at £925 per calendar month, generating an annual rental income of £11,100

The property has an EPC Rating of C and falls within Council Tax Band A.Conveniently positioned close to local schools, shops, amenities and transport links, this is a well-located investment property offering an established rental income with future potential.Please note: The property is being sold with the current tenant in situ and is therefore available to investment purchasers only. For further information regarding the tenancy, please contact Smartmove.

Brochures

Full Details
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.
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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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Lea Way, Wellingborough

Approximate location
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Affordability

Monthly repayments£1,003
Property: £ 199,995
Deposit: £ 20,000
Interest rate: 5.33%
Term: 30 years
Powered byNatwest
These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
Renovation potential
Recently sold & under offer
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About Smartmove, Northampton

19 York Road Abington Northampton NN1 5QG

Built on experience, managed by professionals and delivered with excellence. Smartmove is a Property Sales and Lettings Agency. Smartmove ensures that you as the customer are always at the heart of our business. We've sat lots of exams & gained many accreditations to make sure we have the right stuff when it comes to buying, selling and letting out your property. We've also invested in smart technology to make the process simple & stress free for you.

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Disclaimer - Property reference 12886388. 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 Smartmove, 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.

*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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