This property has been taken off the market.

2 Bed Apartment House For Sale Mereway, Northampton, NN4

£150,000- Apartment

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Last Updated: 18th June 2024

Description

Chelton Brown are proud to offer to the market this modern two bedroom ground floor apartment with river views and located close to the Town Centre, Hospital and University.

The property has a large entrance hall which gives you access to the bathroom, two bedrooms, kitchen and living room.

The property further benefits from upvc double glazing, gas radiator heating and allocated parking space.

Pictures taken before tenancy commenced in 2022.

INVESTMENT OPPORTUNITY Gross Yield Potential 7%.

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

Lease term - 150 years From 28th January 2005 - 130 Years Remaining.

Service Charge - £2107p.a.
Ground rent £125 p.a.

This information should be verified by your legal representative prior to the exchange of contracts.
Agent Details
Chelton Brown
4/5 George Row, Northampton, NN1 1DF

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Legal - YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT.

Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
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This is the potential achievable yield.
Potential Return-on-Cash Invested