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Price

Beds

Type

Location

Property Description

FOR SALE BY AUCTION ON WEDNESDAY 6TH SEPTEMBER 2023 AT 11.00AM - SALE VIA A LIVE STREAMED AUCTION
GUIDE PRICE: £90,000 TO £115,000
VIEWINGS BY APPOINTMENT ONLY - SATURDAY 26TH AUGUST AND 2ND SEPT 11.30AM TO 12.00PM
A modern two bedroom ground floor flat situated on a quiet road close to Northampton town centre in the popular residential area of Abington. The property is currently let on an Assured Shorthold Tenancy with a rent of £725 per calendar month. The accommodation comprises a communal entrance hall with a telecom entry system, private entrance hall, lounge/diner, kitchen, two bedrooms and a family bathroom. The property is accessed through secure remote control gates with an allocated car parking space to the rear. The property generates a gross rental yield of 7.57% at the top end of the guide price making an ideal rental investment.

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    ACCOMMODATION

    COMMUNAL ENTRANCE HALL

    The development is entered through remote controlled centre opening gates to the car park at the rear and telecom entry system pedestrian gates which leads to the communal entrance hall. Enter via the telecom entry system with door leading to:-

    PRIVATE ENTRANCE HALL

    3.86m x 1.30m (12'8 x 4'3)

    Telecom entry receiver, airing cupboard housing the hot water tank and doors to:-

    LOUNGE/DINER

    5.51m x 3.51m (18'1 x 11'6)

    Two UPVC double glazed windows to the front, two radiators, laminate flooring and archway to:-

    KITCHEN

    2.13m x 2.03m (7'0 x 6'8)

    Fitted with a range of base and eye level units, roll top work surfaces, tiled splashbacks, stainless steel sink and drainer with chrome mixer tap, gas hob, oven and extractor, plumbing for washing machine, space for fridge/freezer and a gas wall mounted boiler housing cupboard.

    BEDROOM ONE

    3.73m x 2.92m (12'3 x 9'7)

    UPVC double glazed window to the rear, radiator and laminate flooring.

    BEDROOM TWO

    2.49m x 1.88m (8'2 x 6'2)

    UPVC double glazed window to the rear and radiator.

    BATHROOM

    2.06m x 1.96m (6'9 x 6'5)

    Suite comprising WC, wash hand basin, wood panel bath with Victorian style shower attachment, curtain and rail, tiled splashbacks, extractor and radiator.

    OUTSIDE

    There is a car park to the rear of the property with one allocated car parking space.

    LEASE INFORMATION

    The lease commenced on 25th March 2004 for a 99 year term leaving 80 years unexpired. There is service charge of approximately £1,143 per annum.

    AGENTS NOTE

    Please note that every endeavour has been taken to ensure accuracy of any lease information but we advise any prospective purchaser to have this checked by their own legal representative.

    SERVICES

    Mains drainage, gas, water and electricity are connected.

    COUNCIL TAX

    West Northamptonshire Council - Band B

    LOCAL AMENITIES

    There are a variety of shops on the Wellingborough Road, including a supermarket, banks, fashion and furniture stores, newsagents and greengrocers as well as a bus service from the Wellingborough Road to Northampton town centre. Local schools include secondary schooling at Northampton School for Boys on the Billing Road and ample Primary schooling is available. Motorway access is via Rushmere Road and then Nene Valley Way to Junction 15.

    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 and Disbursements will charged to the buyer - see individual property details and Special Conditions of Sale for actual figures.

    BUYERS ADMINISTRATION CHARGE

    The purchaser will be required to pay an administration charge of £720 (£600 plus VAT).

    BUYERS PREMIUM CHARGE

    The purchaser will be required to pay a buyers premium charge of £1,200 (£1,000 plus VAT).

    HOW TO GET THERE

    From Northampton town centre proceed along Victoria Promenade and at the roundabout continue straight over. Continue onto York Road and turn right onto St Edmunds Road where the property can be found half way down on the right hand side.

    DOIMB28072023/9672

Contact Auction House Northampton

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