South Street, Northampton NN1

Property Details: - Type: Apartment - Bedrooms: 4 - Bathrooms: 3

Agent: Stonhills Estate Agents - Northampton Phone: 01604 313382

Stonhills are pleased to offer this freehold block of three apartments comprising one two bedroom and two one bedroom flats, all fully let and generating approximately £30,000 per annum. The property is offered on a single title with no service charges, providing a straightforward investment opportunity with immediate income. Ideally located close to Northampton General Hospital and the Town Centre.<br/><br/>A rare opportunity to acquire this freehold block of three apartments, offering an excellent ready-made investment with immediate income from day one.<br/><br/>The building comprises one two-bedroom apartment and two one-bedroom apartments, all of which are currently let on assured shorthold tenancies to long-term tenants, providing a combined rental income of approximately £30,000 per annum.<br/><br/>The accommodation is arranged over three floors. Two of the apartments are accessed from the ground floor and offer open plan living/kitchen areas, with stairs leading down to basement level bedrooms with en-suite facilities. The third apartment is also accessed from the ground floor but extends to the first floor, offering a spacious open plan living/kitchen area, two bedrooms and a bathroom.<br/><br/>The property is fully compliant with current letting regulations and has been well maintained, allowing a purchaser to take over a fully operational investment with no immediate work required.<br/><br/>Being sold as a freehold on a single title, the property offers a straightforward purchase with no service charges or management complications, making it particularly attractive for investors looking for a simple, income-producing asset.<br/><br/>Ideally located close to Northampton General Hospital and the Town Centre, the property benefits from strong and consistent rental demand.<br/><br/>Overall, this is an excellent opportunity to acquire a low-maintenance, fully let investment in a sought after location.<br/><br/>