2 Bed Flat, Motivated Seller, Northampton, NN4 8EL £146,000

COTTON COURT River View, Northamptonshire, NN4 8EL - 2 years ago
Sold STC
Leasehold
Negative Equity
Motivated
~55

Property History

Price changed to £146,000

September 26, 2024

Listed for £150,000

-7%

June 11, 2024

Sold for £161,000

2007

Floor Plans

Description

  • Investment Opportunity +
  • AST- £870pcm - 6.7% Yield +
  • 2 Bedrooms +
  • Allocated Parking +
  • Lounge/Kitchen/Diner +
  • Kitchen Area +
  • Bathroom +
  • Leasehold - 132 Years Remaining +
  • EPC - C +
  • Council Tax - C +

Chelton Brown are proud to present to the market this two bedroom top floor flat located in the popular Southbridge development, within walking distance of Northampton Town Centre.

The accommodation was fitted with new carpets and painted throughout before tenancy commenced in August 2022. (As per the pictures)

The property briefly comprises; Entrance Hallway with storage cupboard, spacious open plan Living, Dining and Kitchen area with oven, hob, extractor and washing machine. Both the First and Second Bedroom are sizeable doubles and the Bathroom benefits shower over bath and storage cupboard.

Further benefits include gas central heating and allocated parking for one vehicle.

Details Of The Tenancy - The property is let on an Assured Shorthold Tenancy £870pcm until August 2024.

INVESTMENT SALE Gross Yield of 7%.

Lease term - 150 years From 1st January 2006 - 132 Years Remaining.

Service Charge - £1820.00 per annum includes water for 2024/2025. Previous year £1670.00.

Ground Rent - £242.52 per annum

This information should be verified by your legal representative prior to the exchange of contracts.

Agent Details

Chelton Brown, Northampton

01604 279634

Next Steps?

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