1 bed flat for sale

C1, The Parade, Northampton, Northamptonshire NN1

For sale by auction on Wednesday, 23 Sep 2026 at 11:00

Venue: Livestream

A modern one-bedroom first-floor apartment offered with a tenant in situ, providing an attractive high-yielding investment in the heart of Northampton town centre. The property is currently let at £825 pcm / £9,900 pa, equating to approximately 16.5% gross yield at £60,000. Estimated market rent is around £900 pcm / £10,800 pa, offering potential for future rental growth and an approximate 18% gross yield at £60,000 (subject to the tenancy and relevant legislation)

Presented in very good condition, the apartment benefits from a refitted kitchen with integrated appliances, high ceilings and bright open-plan living accommodation. The property is in modern condition & sits at just under 400 sq ft with large bright windows in the living area. Conveniently located for shops, restaurants, Northampton Bus Station and Railway Station, the property is ideally suited to buy-to-let investors, portfolio landlords and first-time investors seeking a strong-yielding town-centre investment.

Accommodation
entrance hall
bedroom
Two UPVC double glazed windows to front elevation, downlights to double bed, storage cupboards, electric radiator

bathroom
Bathtub with mixer, pedestal wash hand basin, low level WC.

Open plan living & kitchen area
Refitted kitchen with built in appliances, fridge and washing machine, electric radiator. Living area comprises of three large windows to front elevation, open plan lounge area.

Services
Main water, drainaige & electrics are connected. Orchard block management are managing agents.

Lease details / service charge / ground rent
125 Years from 2003 - 102 years remaining

Service charge is £2,400 per year

Ground rent is £100 per year

rental income
The property is currently let for £825pcm / £9,900 per year & has the potential to increase to £900pcm / £10,800 per year

EPC Rating: 72

Additional Fees
Buyers Premium: The purchaser will be required to pay a buyers premium charge of £1,500 ex VAT (£1,800 inc VAT).

Administration Charge - The purchaser will be required to pay a buyers admin charge of £1,000 ex VAT (£1,200 inc VAT).

Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.

Price Information
* Guides are provided as an indication of each seller's minimum expectation. 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.

Additional Fees Information
Please be aware there may be additional fees payable on top of the final sale price. This includes and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion. Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.