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2 bedroom apartment for sale
West Cotton Close, Northampton, NN4
£150,000
West Cotton Close, Northampton, NN4
£150,000
Our Summary
- INVESTMENT OPPORTUNITY Gross Yield Potential 7%
Description
Chelton Brown is proud to present this modern two-bedroom ground-floor apartment, boasting river views and a convenient location near the town center, hospital, and university. The property features a spacious entrance hall leading to a bathroom, two bedrooms, kitchen, and living room, complete with upvc double glazing, gas radiator heating, and an allocated parking space. The property is currently let on an Assured Shorthold Tenancy, generating a gross yield potential of 7%, with a lease term of 150 years remaining. The tenancy is due to expire in August 2024, and the service charge is £2107 per annum, with a ground rent of £125 per annum. This investment opportunity offers a secure and lucrative return, with all details subject to verification by the buyer's legal representative prior to exchange of contracts.