Block of flats for sale in Northampton NN1, 0 Bedroom

This 25 unit development is made up of 19 one-bedroom apartments and 6 two-bedroom apartments, over 4 floors. The development block has a lift as well as being located in a prime city centre location.

The Apartment is currently occupied and is an ideal investment for any investor looking to start or build a portfolio.

Please note: Images shown are of a show apartment and may not be representative of the property for sale.

Financial Breakdown

Gross rent: £205,800
Ground rent: £5,000
Service charge: £42,317
Lettings fees: £0
Net income: £158,483
Gross yield: 6.24%
Net yield: 4.8%

Important Note To Purchasers

*Service charge, management fee and ground rent are included as part of the assured rental period.

These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither Housello nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.