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Freehold

£695,000

(£178.89/sq. ft)

Industrial for sale

75/77 Overstone Road, 75-77 Overstone Road, Northampton NN1
3,885 sq. ft

£695,000

(£178.89/sq. ft)

Industrial for sale
75/77 Overstone Road, 75-77 Overstone Road, Northampton NN1

    • 3,885 sq. ft

Freehold

About this property

  • 5 residential units with planning permission granted for an additional two units on the ground floor

  • Significant redevelopment in the vicinity

  • Located on the fringe of Northampton Town Centre

  • Exisiting residential units currently fully let

  • Scope for reconfiguration

Description

The subject property comprises a former Victorian factory/warehouse, with 5 residential units above (consisting of a mixture of bedsits, flats and studios). 75 Overstone Road is three storeys with basement accommodation and 77 Overstone Road is two storeys with basement accommodation.
They are both of traditional brick construction underneath a pitched tiled roof, with flat roofs in sections (currently used as 'roof terraces'). The ground floor was most recently used as a kitchen showroom/workshop.

The residential units have been refurbished to a high standard. The units benefit from double-glazed windows and heating is provided via electric radiators.

Planning permission has recently been granted for the conversion of the ground floor workshop to 2 x 1 bedroom self-contained apartments with courtyard gardens with alterations required. Planning ref: 2024/0589/full.

Location

The subject property is located on Overstone Road which is on the fringe of Northampton Town Centre, it is a large residential and commercial location and falls within the Northampton Boot and Shoe Conservation Area. There is significant redevelopment in the area including the conversion of the former Hawkins Boot and Shoe factory to 89 flats and studios. Further development is underway nearby.

Northampton is one of England’s fastest growing towns with a present population of 225,000 and is the strategic location for many national organisations as their central hub for business.

Northampton has excellent rail and road communications, with hourly train services to London and road links to the M1 at Junctions 15,15a & 16 and additionally to the A14 in the North.

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