Unit 1, Butts Road
Northampton
Northamptonshire
NN4 0UE
INVESTMENT STUDIO - 8%+ YIELD
£70,000
1 Bedroom Studio
- INVESTMENT APARTMENT
- SOLD WITH TENANT IN SITU
- EPC C RATED
- MONTHLY INCOME £510 AFTER SERVICE CHARGES
- RETURN OF 8.7% BASED ON THE ABOVE
- GREAT LOCATION FOR LETTING
This is a studio apartment sold with a TENANT IN SITU to INVESTORS ONLY. It's situated in a popular block offering immediate access to the Weston Favell Centre. There's parking with the block on an unallocated basis.
The apartment was refurbished in 2025 and is offered to the market in very good internal condition. It is a studio apartment - see the floorplan
The tenant pays £700PCM.
Service charges are £178PCM.
There are over 900 years on the lease.
This needs to be a cash purchase as the property is under 30sqm in total and therefore most lenders won't lend.
Draft Details.
At the time of print, these particulars are awaiting approval from the vendor(s).
Disclaimer.
We endeavour to make our sales particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. Any services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All measurements have been taken as a guide to prospective buyers only, and are not precise. If you require clarification or further information on any points, please contact us, especially if you are travelling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the seller by separate negotiation.
Important Disclosure.
Consumer Protection from Unfair Trading.
The Vendor of this property is a ‘connected person’ as defined within Sections 31 and 32 of the Estate Agents Act 1979.
Energy Efficiency and Environmental Impact
Although these particulars are thought to be materially correct their accuracy cannot be guaranteed and they do not form part of any contract.
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