Henry Bird Way, Northampton, West Northamptonshire
- PROPERTY TYPE
Flat
- BEDROOMS
1
- SIZE
Ask agent
Key features
- One-bedroom top-floor apartment
- Attractive 8.9% gross rental yield
- Two-minute walk from the university
- Available with tenants in situ or vacant possession
- Presented in great condition
Description
Guide Price: £115,000
A well-presented one-bedroom top-floor apartment in a highly convenient town-centre location on Henry Bird Way, just a two-minute walk from the university.
The apartment is offered in great condition and includes a bright living area, fitted kitchen, comfortable double bedroom and bathroom. It also benefits from one allocated parking space—a valuable feature for such a central location.
The property is currently tenanted at £850 per calendar month and can be purchased with the tenants in situ, offering an immediate rental income. Alternatively, it may be offered with vacant possession, making it equally suitable for an owner-occupier.
At the asking price, the current rent represents an attractive gross rental yield of approximately 8.9%.
Key Features
One-bedroom top-floor apartment
Guide price of £115,000
Prime town-centre location
Approximately two minutes’ walk from the university
Currently tenanted at £850 PCM
Available with tenants in situ or with vacant possession
Approximate gross rental yield of 8.9%
One allocated parking space
Presented in great condition
Approximately 103 years remaining on the lease
Potential to extend the lease by a further 90 years
Total annual service charge and ground rent: £795
Lease and Charges
Lease remaining: approximately 103 years
Service charge: £50 per month (£600 per year)
Ground rent: £195 per year
Total annual charges: £795
The lease is understood to be extendable by a further 90 years at an estimated cost of approximately £14,000
An excellent opportunity for investors seeking a ready-made rental property or buyers looking for a well-maintained home close to the town centre and university.
Viewings are highly recommended.
Brochures
Brochure 1- 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: B
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Yes
- 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.
- Top floor
Energy performance certificate - ask agent
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Notes
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Visit our security centre to find out moreDisclaimer - Property reference HenryBirdWay. 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 Bauhaus Living, 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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