Ideal investment property
A spacious one bedroomed top floor apartment situated in the popular location of Duston. The accommodation comprises a lounge/dining room, open plan kitchen, one bedroom and bathroom. The property benefits from a secure intercom entry system, an allocated parking space, visitor parking and communal garden areas. The property is currently let on an Assured Shorthold Tenancy with a rent passing of £530 per calendar month, giving a yield of 5.3% at the asking price
Entered via an entry phone system, stairs rise to the upper floors.
Entered via a solid wood door, the hall contains a cupboard housing the hot water cylinder and electric heating system. Doors to:-
With windows to the rear and side elevations, there is a night storage heater and an open arch to:-
Fitted with floor and wall mounted cabinets with work surfaces incorporating a stainless steel sink and drainer with tiling to splashbacks. Integrated appliances include a fridge/freezer, an electric oven and an electric hob with extractor above. Plumbing is provided for a washing machine.
With a dormer window to the rear elevation, there is built-in storage.
Fully tiled and fitted with a suite comprising a panelled bath with power shower over, pedestal wash hand basin and WC. There is an extractor.
An allocated parking space is provided for one vehicle with visitor parking spaces.
The property is being sold with the benefit of a 125 year lease commencing 1992. The current service charge is £82 per calendar month which is paid towards maintenance and buildings insurance. We also understand that this includes the ground rent charge.
The property is currently rented on an Assured Shorthold Tenancy which started in October 2014 and will finish on the 5th July 2019 with a passing rent of £530pcm. We understand that the tenant has indicated their desire to stay at the property.
Main drainage, water and electricity are connected. Space heating is through electric night storage radiators and convector heaters. (None of these services has been tested).
Within the village there are a number of shops including a Bakery, Post Office and Hardware Store. The property is situated close to Sixfields Leisure Area which provides Cinema, Restaurants, Fitness Centre, Sainsburys Supermarket and other retail outlets. Motorway access is to Junction 15A and Junction 16 via the A45 South and the A45 West respectively. Local schools include the Duston School in Berrywood Road and lower schooling at St Luke's ceva Primary School.
From Northampton proceed in a north westerly direction along the A428 Harlestone Road, passing Dallington Park. At the next roundabout continue straight on and at the traffic light junction with Lodge Farm Industrial Estate continue straight on. At the next roundabout turn left into New Sandy Lane and take the first turning left into Weggs Farm Road. Take the fifth exit on the left past the shops onto Bordeaux Close and the property can be seen straight in front with a turning on the left hand side.
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