3 bedroom terraced house for sale

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3 bedroom terraced house for sale

St Michaels Road, Northampton NN1
£230,000

Our Summary

  • ***Investment Opportunity*** Presented to the market a converted Victorian terraced house in a sought-after location close to the Town Centre
  • Well-presented and in a popular location this offers an attractive investment opportunity with a good yield of 7

Description

This converted Victorian terraced house in a sought-after location offers a lucrative investment opportunity. The property, which was converted from a music shop in 1997, is now two separate one and two-bedroom apartments with independent services. Both apartments are currently rented out, generating a total of £1455 per month, providing a 7.6% yield. The property is freehold and has tenants in both apartments, with current ASTs until 2025. The ground floor apartment is let for £685 per month, with a Council Tax band of A and an EPC rating of C, while the first floor apartment is let for £770 per month, with a Council Tax band of A and an EPC rating of D.