1 bedroom apartment for sale

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1 bedroom apartment for sale

Hazelwood Road, Northampton, Northamptonshire, NN1
£145,000

Our Summary

  • Investment Opportunity

Description

Chelton Brown is pleased to offer a contemporary one-bedroom apartment on the ground floor in Northampton's Cultural Quarter. The property features a spacious entrance hall, bright and airy open-plan kitchen and lounge area, modern kitchen with built-in appliances, well-proportioned double bedroom, and a contemporary bathroom with shower over the bath. Additionally, there is a large storage cupboard with a washing machine, providing extra utility space. The apartment is available for investment or first-time buyers and is let on an Assured Shorthold Tenancy until October 2025, offering a gross yield of 6.8%. The lease term is 125 years from 2017, with 116 years remaining, and the service charge is £1827 per annum, with a ground rent of £295.95 per annum.