2 Bed Flat, Single Let, Northampton, NN3 2BF, £140,000

Weston House, Gregory Gardens, Northampton, Northamptonshire, NN3 2BF - 3 views - 7 months ago

Sold STC
Leasehold
BTL
ROI: 8%
~68 m²
+5 photos

ValuationUndervalued

Sold Prices£67.5K - £235K
Sold Prices/m²£572/m² - £3.3K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.1K/m²

Value Estimate

£163,971
BMV17%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£35,000

Stamp Duty & Legal Fees

£5,400

Total Cash In

£40,400

 

 

Cash Out

 

Rent Range

£925 - £2,900

Rent Estimate

£925

Running Costs/mo

£643

Cashflow/mo

£283

Cashflow/yr

£3,390

ROI

8%

Gross Yield

8%

Local Sold Prices

24 sold prices from £67.5K to £235K, average is £150K. £572/m² to £3.3K/m², average is £2.5K/m².

PriceDateDistanceAddressBeds 
£130K06/210.06 mi81, Grange Road, Northampton, Northamptonshire NN3 2AX2
£235K04/210.35 mi20, Greenway Avenue, Northampton, West Northamptonshire NN3 6JP2
£180K04/230.36 mi13, Hornbeam Court, Northampton, West Northamptonshire NN3 3RT2
£67.5K11/200.43 mi11, Dorman Close, Northampton, Northamptonshire NN3 6QG2
£142K07/230.43 mi42, Eden Close, Northampton, West Northamptonshire NN3 6NS2
£215K10/220.45 mi11, Woolston Close, Northampton, West Northamptonshire NN3 6QJ2
£68K05/230.45 mi21, Woolston Close, Northampton, West Northamptonshire NN3 6QJ2
£190K09/230.45 mi1, Woolston Close, Northampton, West Northamptonshire NN3 6QJ2
£112.5K11/200.47 mi79, Burrows Court, Northampton, Northamptonshire NN3 8JW2
£145K02/230.52 mi79, Burrows Court, Northampton, West Northamptonshire NN3 8JW2
£152K01/230.52 mi75, Burrows Court, Northampton, West Northamptonshire NN3 8JW2
£160K10/200.6 mi36, Yewtree Court, Northampton, Northamptonshire NN3 6SF2
£140K09/210.6 mi40, Yewtree Court, Northampton, West Northamptonshire NN3 6SF2
£149.5K07/220.66 mi68, Howards Way, Northampton, West Northamptonshire NN3 6RP2
£150K10/220.66 mi90, Howards Way, Northampton, West Northamptonshire NN3 6RP2
£150K11/220.66 mi72, Howards Way, Northampton, West Northamptonshire NN3 6RP2
£140K08/210.66 mi88, Howards Way, Northampton, Northamptonshire NN3 6RP2
£150K11/200.7 mi389a, Kettering Road, Northampton, Northamptonshire NN3 6QT2
£170K09/220.71 mi48, Conifer Rise, Northampton, West Northamptonshire NN3 3JY2
£127K06/210.71 mi8, Conifer Rise, Northampton, Northamptonshire NN3 3JY2
£145K03/210.71 mi59, Conifer Rise, Northampton, Northamptonshire NN3 3JY2
£156K10/230.71 mi24, Conifer Rise, Northampton, West Northamptonshire NN3 3JY2
£155K12/220.75 mi60, Laburnum Crescent, Northampton, West Northamptonshire NN3 2LF2
£175K07/230.87 mi130, Spinney Hill Road, Northampton, West Northamptonshire NN3 6DN2

Local Rents

22 rents from £925/mo to £2.9K/mo, average is £1.2K/mo.

RentDateDistanceAddressBeds 
£92506/240 miGregory Gardens, Boothville - NN32
£2,90006/240 mi-2
£2,55008/240 mi-2
£2,55001/250 mi-2
£2,55012/240 mi-2
£1,10006/240.06 miGrange Road, NORTHAMPTON2
£1,00008/240.06 miGrange Road, NORTHAMPTON2
£1,17504/250.09 mi-2
£1,15010/240.35 mi-2
£1,15006/240.36 miBladon Close, Northampton, NN32
£1,10007/240.48 mi-2
£1,20007/240.48 miBurrows Court, NN32
£1,10008/240.48 miBurrows Court, NN32
£95008/240.49 miBurrows Court, Northampton2
£1,20007/240.52 miLorraine Crescent, Spinney Hill, Northampton NN3 6HW2
£92508/240.52 miHolmecross Road, Northampton, Northamptonshire, NN3 8AW2
£92508/240.52 miHolmecross Road, Thorplands, Northampton, Northamptonshire, NN3 8AW2
£1,20008/240.53 miLorraine Crescent, Northampton, Northamptonshire, NN3 6HW2
£1,20008/240.53 miLorraine Crescent, Spinney Hill, Northampton, Northamptonshire, NN3 6HW2
£92507/240.54 miHolmecross Road, Thorplands, Northampton NN3 8AW2
£1,17511/240.55 mi-2
£1,19503/250.61 mi-2

Local Area Statistics

Population in NN3

68,971

Population in Northampton

281,924

Town centre distance

2.25 miles away

Nearest school

0.10 miles away

Nearest train station

2.94 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+46%

Sales demand

Seller's market

Capital growth (5yrs)

+29%

Property History

Listed for £140,000

August 23, 2024

Floor Plans

Description

  • Two Bedroom Apartment +
  • En-Suite To Bedroom One +
  • Juliette Balcony +
  • Open Plan Living +
  • Close To Local Schooling +
  • No Onward Chain +

Jackson Grundy are pleased to be marketing this two bedroom apartment which has been well maintained and comes in excellent condition, situation in the popular area in Gregory Gardens, close to local amenities, good schools and Northampton College. The properties accommodation comprises, entrance hallway, bathroom, en-suite two double bedrooms, kitchen/dining room and lounge which is perfect for entertaining. Further benefits include off road parking for 1 car, gas radiator heating, modern electrics, uPVC windows and the property comes with no onward chain. EPC Rating: C. Council Tax Band: C

ENTRANCE Communal entrance via telecom entry system. Staircase rising to second floor and entrance door.

HALLWAY Electric heater. Storage cupboard. Cupboard housing plumbing for white goods. Doors to:

KITCHEN/DINING/LOUNGE 4.50m x 4.85m (14'9 x 15'11) Open plan kitchen/dining/lounge. uPVC double glazed windows to side and rear elevations. uPVC double glazed patio doors to Juliette balcony. Wall and base units with roll top work surfaces. Integrated appliances to include fitted electric oven and hob. Stainless steel extractor hood over. Tiling to splash back areas. Space for white goods. Vinyl flooring to kitchen area, carpeted elsewhere. Wall mounted heaters. One and a half bowl sink unit.

BEDROOM ONE 3.18m x 3.18m (10'5 x 10'5) uPVC double glazed window to rear elevation. Electric wall mounted heater. Door to en-suite.

EN-SUITE Heated towel rail. Suite comprising low level WC, shower cubicle and wash hand basin. Tiling to splash back areas.

BEDROOM TWO 4.14m x 1.91m (13'7 x 6'3) uPVC double glazed window to side elevation. Wall mounted heater.

BATHROOM Three piece suite comprising panelled bath with shower attachment, pedestal wash hand basin and low level WC. Heated towel rail. Tiling to splash back areas.

LEASEHOLD INFORMATION We have been advised of the following: - Service Charge - £ 1092.10 pa Review Date - TBC Ground Rent: £300 pa Length of Lease: 84 years remaining on lease. This information would need to be verified by your chosen legal representative.

MATERIAL INFORMATION

Electricity Supply – Ask Agent Gas Supply – Ask Agent Electricity/Gas Supplier - Water Supply – Ask Agent Sewage Supply – Ask Agent Broadband - Mobile Coverage - Solar PV Panels – Ask Agent EV Car Charge Point – Ask Agent Primary Heating Type – Ask Agent Parking – Ask Agent Accessibility – Ask Agent Right of Way – Ask Agent Restrictions – Ask Agent Flood Risk - Property Construction – Ask Agent Outstanding Building Work/Approvals – Ask Agent

DRAFT DETAILS At the time of print, these particulars are awaiting approval from the Vendor(s). Agents Notes i Viewings by appointment only through Jackson Grundy ii These particulars do not form part of any offer or contract and should not be relied upon as statements or representation of fact. They are not intended to make or give representation or warranty whatsoever in relation to the property and any intending purchaser or lessee should satisfy themselves by inspection or otherwise as to the correctness of the same iii Photographs illustrate parts of the property as were apparent at the time they were taken iv Any areas, measurements, distances or illustrations are approximate for reference only v We have not tested the appliances, services and specific fittings, an intending purchaser must satisfy himself by inspection by independent advice and/or otherwise to this property.

Agent Details

Jackson Grundy Estate Agents, Kingsley

01604 279706

Next Steps?

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