This spacious one-bedroom apartment is located in the heart of Northampton town centre, offering an ideal residential investment opportunity with a yield of £10,560 per annum. The property features a private entrance hall, bedroom, bathroom, and living room/kitchen, which is a spacious L-shaped room with laminate flooring and a kitchen area with floor and wall cabinets. The apartment also has a gas fired combination boiler and is let on an Assured Shorthold Tenancy to a long-term tenant paying £880 per calendar month. The property is offered on a lease with 80 years unexpired and subject to a ground rent of £100 per annum, which increases to £200 per annum within five years. The apartment is available for sale by auction on September 24th, 2024, with a guide price of £125,000 to £135,000. Viewings are by appointment only, and interested buyers must register to bid and view legal documents on the agent's website.