St. Michaels Avenue, Northampton, NN1 4JQ
- PROPERTY TYPE
Block of Apartments
- BEDROOMS
4
- BATHROOMS
3
- SIZE
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- 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
- No Upward Chain
- Immediate ‘Exchange of Contracts’ Available
- Being Sold Via ‘Secure Sale’
- Three Apartments
- Scope for Redevelopment SSTP
- Two Occupied & One Vacant
Description
Offered to the market with no onward chain is this excellent investment opportunity comprising block of three self contained apartments, with two currently let and the ground floor offered with vacant possession.
The spacious ground floor one bedroom apartment comprises lounge, bedroom, kitchen, bathroom, converted cellar and useful store room, together with access to the rear garden. This apartment offers scope for further improvement and represents an opportunity to add value.
The first floor two bedroom apartment comprises two bedrooms, a lounge, kitchen and three piece bathroom and is currently let on a company let, generating £900 PCM.
The top floor one bedroom apartment comprises a lounge, kitchen, bedroom and three piece bathroom and is also let on a company let, currently achieving £775 PCM.
With two apartments already producing a combined rental income of £1,675 PCM (£20,100 per annum), this represents an attractive opportunity for investors seeking an established income stream, while also offering further scope for redevelopment and value enhancement, subject to the necessary consents.
Please note: As two of the three apartments are currently tenanted, access for viewings will be limited. We strongly recommend viewing the virtual tour to appreciate the accommodation available before arranging an internal inspection.
- 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,No permit
- 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.
- Ask agent
Energy performance certificate - ask agent
St. Michaels Avenue, Northampton, NN1 4JQ
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About Jackson Grundy Estate Agents, Abington
343 Wellingborough Road, Abington, Northampton, NN1 4ER
Notes
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Visit our security centre to find out moreDisclaimer - Property reference 15000_014087. 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 Grundy Estate Agents, Abington. 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.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Jackson Grundy Estate Agents, Abington on 01604 279969.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”
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