This property has been taken off the market.
2 Bed Flat For Sale Duke Street, Northampton, NN1
£169,995- Flat
1 of 15
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Last Updated: 14th April 2024
Description
*** INVESTMENT OPPORTUNITY *** Chelton Brown introduce a impressive two-bedroom factory conversion apartment nestled in the heart of Northampton, within the esteemed block of The Church's Factory. Positioned near the bustling Town Centre, this residence stands as a remarkable investment opportunity.
Situated on the first floor of the exclusive block, access is granted through a secure key fob entry system or a private gated car park that ensures both convenience and security.
The apartment boasts two spacious double bedrooms, each adorned with expansive factory windows, allowing natural light to flood the rooms. The modern family bathroom features a sleek design, offering a shower over bath, toilet, and hand basin, catering to both style and functionality.
The focal point of this residence is undoubtedly the extensive living space, spanning over 8.7 meters in length. The kitchen and dining area, located at the far end, include granite worktops and integrated appliances. The living section of this vast space is accentuated by the same factory-style windows found in the bedrooms, enhanced further by French doors that open onto a charming balcony.
INVESTMENT OPPORTUNITY Current Gross Yield of 5.7%. Potentail 7%.
Lease term - 125 years From 1st April 2001 - 101 Years Remaining.
Service Charge - £1800 approx p.a. payable 6 monthly on 1st April & 1st October
Ground rent £100 p.a.
This information should be verified by your legal representative prior to the exchange of contracts.
Situated on the first floor of the exclusive block, access is granted through a secure key fob entry system or a private gated car park that ensures both convenience and security.
The apartment boasts two spacious double bedrooms, each adorned with expansive factory windows, allowing natural light to flood the rooms. The modern family bathroom features a sleek design, offering a shower over bath, toilet, and hand basin, catering to both style and functionality.
The focal point of this residence is undoubtedly the extensive living space, spanning over 8.7 meters in length. The kitchen and dining area, located at the far end, include granite worktops and integrated appliances. The living section of this vast space is accentuated by the same factory-style windows found in the bedrooms, enhanced further by French doors that open onto a charming balcony.
INVESTMENT OPPORTUNITY Current Gross Yield of 5.7%. Potentail 7%.
Lease term - 125 years From 1st April 2001 - 101 Years Remaining.
Service Charge - £1800 approx p.a. payable 6 monthly on 1st April & 1st October
Ground rent £100 p.a.
This information should be verified by your legal representative prior to the exchange of contracts.
Agent Details
Chelton Brown
4/5 George Row, Northampton, NN1 1DF
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Legal - YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT.
Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.