This 25 unit development is made up of 19 one-bedroom apartments and 6 two-bedroom apartments, over 4 floors. The development block has a lift as well as being located in a prime city centre location.
Located in a prominent position on the corner of The Drapery and Gold Street overlooking All Saints Church in the city centre of Northampton. The Apartment is currently occupied and is an ideal investment for any investor looking to start or build a portfolio.
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Please note: Images shown are of a show apartment and may not be representative of the property for sale.Financial BreakdownGross rent: 202,200
Ground rent: 2,400
Service charge: 42,317
Lettings fees: 0
Net income: 157,483
Gross yield: 6.13%
Net yield: 4.77%Important Note To Purchasers*Service charge, management fee and ground rent are included as part of the assured rental period.
These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.
yieldit ref: YL-13027
County Chambers, The Drapery, College Street, Northampton NN1