£395,000
3 bed flat for saleSouth Street, Northampton NN1
3 beds
3 baths
3 receptions
Just added
Freehold
About this property
Stonhills are pleased to offer this freehold block of three apartments comprising one two bedroom and two one bedroom flats, all fully let and generating approximately £30,000 per annum. The property is offered on a single title with no service charges, providing a straightforward investment opportunity with immediate income. Ideally located close to Northampton General Hospital and the Town Centre.
A rare opportunity to acquire this freehold block of three apartments, offering an excellent ready-made investment with immediate income from day one.
The building comprises one two-bedroom apartment and two one-bedroom apartments, all of which are currently let on assured shorthold tenancies to long-term tenants, providing a combined rental income of approximately £30,000 per annum.
The accommodation is arranged over three floors. Two of the apartments are accessed from the ground floor and offer open plan living/kitchen areas, with stairs leading down to basement level bedrooms with en-suite facilities. The third apartment is also accessed from the ground floor but extends to the first floor, offering a spacious open plan living/kitchen area, two bedrooms and a bathroom.
The property is fully compliant with current letting regulations and has been well maintained, allowing a purchaser to take over a fully operational investment with no immediate work required.
Being sold as a freehold on a single title, the property offers a straightforward purchase with no service charges or management complications, making it particularly attractive for investors looking for a simple, income-producing asset.
Ideally located close to Northampton General Hospital and the Town Centre, the property benefits from strong and consistent rental demand.
Overall, this is an excellent opportunity to acquire a low-maintenance, fully let investment in a sought after location.
A rare opportunity to acquire this freehold block of three apartments, offering an excellent ready-made investment with immediate income from day one.
The building comprises one two-bedroom apartment and two one-bedroom apartments, all of which are currently let on assured shorthold tenancies to long-term tenants, providing a combined rental income of approximately £30,000 per annum.
The accommodation is arranged over three floors. Two of the apartments are accessed from the ground floor and offer open plan living/kitchen areas, with stairs leading down to basement level bedrooms with en-suite facilities. The third apartment is also accessed from the ground floor but extends to the first floor, offering a spacious open plan living/kitchen area, two bedrooms and a bathroom.
The property is fully compliant with current letting regulations and has been well maintained, allowing a purchaser to take over a fully operational investment with no immediate work required.
Being sold as a freehold on a single title, the property offers a straightforward purchase with no service charges or management complications, making it particularly attractive for investors looking for a simple, income-producing asset.
Ideally located close to Northampton General Hospital and the Town Centre, the property benefits from strong and consistent rental demand.
Overall, this is an excellent opportunity to acquire a low-maintenance, fully let investment in a sought after location.
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