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Cherry Close, Northampton NN3 1 bed apartment for sale
Cherry Close, Cherry Orchard, Northampton
£75,000
Cherry Close, Cherry Orchard, Northampton
£75,000
Our Summary
- FOR SALE BY LIVE NATIONAL ONLINE AUCTION ON TUESDAY 14TH OCTOBER 2025 GUIDE PRICE: £75,000 TO £88,000VIEWINGS - BY APPOINTMENT ONLY - PLEASE [use Contact Agent Button]This well-presented one-bedroom apartment, set on the third floor, represents an excellent investment opportunity
- They are not necessarily figures which a property will sell for and may change at any time prior to the auction
- Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide
Description
This one-bedroom apartment, located on the third floor, is a fantastic investment opportunity. The property features an entrance hall, a fitted kitchen, a modern bathroom, a spacious lounge/diner, and a comfortable bedroom with a large storage room. Currently let on an Assured Shorthold Tenancy, the property generates £700 per month, providing a yield of 9.3%. The tenant has been served a Section 21 notice, giving flexibility to the new owner. The apartment is situated in the sought-after Weston Favell area of Northampton, within walking distance of a highly-rated primary school and close to local amenities, including a shopping centre, banks, shops, and restaurants. The property is being sold by live national online auction on October 14th, 2025, with a guide price of £75,000 to £88,000. Viewings are by appointment only, and potential buyers must register to bid and view legal documents on the agent's website.