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Cherry Close, Northampton NN3 1 bed apartment for sale
Cherry Close, Cherry Orchard, Northampton
£80,000
Cherry Close, Cherry Orchard, Northampton
£80,000
Our Summary
- FOR SALE BY AUCTION ON WEDNESDAY 24TH SEPTEMBER 2024 COMMENCING AT 11AM - SALE VIA A LIVE STREAMED AUCTION GUIDE PRICE: £80,000 TO £90,000VIEWINGS - BY APPOINTMENT ONLY - PLEASE CALL 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 is located on the third floor and is being sold by auction on September 24th, 2024, with a guide price of £80,000 to £90,000. The property has a well-presented interior, featuring an entrance hall, fitted kitchen, modern bathroom, spacious lounge/diner, and a comfortable bedroom with a large storage room. The apartment is currently let on an Assured Shorthold Tenancy, generating £700 per month, which provides a yield of 9.3%. The tenant has been served a Section 21 notice, giving flexibility to the new owner. The property is located in the sought-after Weston Favell area of Northampton, within walking distance of a primary school and shopping center, and is close to Northampton Railway station and Abington Park. The buyer will be required to pay an administration charge of £900 and a buyer's premium charge of £1,320.