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Marefair, Northampton 2 bed duplex for sale
Marefair, Northampton
£250,000
Marefair, Northampton
£250,000
Our Summary
- Investment Opportunity – Freehold Property in Northampton Town CentreAn excellent opportunity to acquire a freehold property in the heart of Northampton Town Centre, offering strong potential for both commercial and residential income
- The upper floors provide ample scope for conversion into two bedroom duplex apartment, subject to the necessary planning consents
- Some renovation work has already been started, giving buyers a head start on a rewarding development project
- Situated in a prime town centre location, this property would make an ideal investment for developers, landlords, or owner-occupiers seeking a mixed-use building with excellent income potential
- Early viewing is highly recommended to appreciate the potential on offer
- Investment Opportunity
- Needs Refurbishment
- Potential For Duplex Flat Above
Description
This investment opportunity presents a freehold property in the heart of Northampton Town Centre, offering a unique chance to generate both commercial and residential income. The ground-floor retail unit has two toilets and provides a blank canvas for renovation, while the upper floors offer scope for conversion into a two-bedroom duplex apartment, subject to planning consents. With some renovation work already started, buyers can capitalize on a rewarding development project. Situated in a prime location, the property has the potential to generate an estimated annual income of £35,000-£40,000 once fully developed and let, making it an attractive opportunity for developers, landlords, or owner-occupiers seeking a mixed-use building with excellent income potential.