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1 bedroom apartment for sale
Wellington Street, Northampton
£90,000
Wellington Street, Northampton
£90,000
Our Summary
- FOR SALE BY AUCTION ON WEDNESDAY 2ND JULY 2025 COMMENCING AT 11AM - SALE VIA A LIVE STREAMED AUCTION GUIDE PRICE: £85,000 TO £100,000VIEWINGS - BY APPOINTMENT ONLYA two-bedroomed, tenth-floor apartment overlooking Northampton town centre is currently let on an Assured Shorthold Tenancy, generating £875 per calendar month, offering a 12% yield
- They are not necessarily figures which a property will sell for and may change at any time prior to the auction
- Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide
Description
A two-bedroom apartment on the 10th floor of a building in Northampton town centre is up for auction with a guide price of £85,000 to £100,000. The property is currently let on an Assured Shorthold Tenancy, generating £875 per month and offering a 12% yield. The apartment has been presented in good order and features two double bedrooms, a bathroom, and an open-plan lounge/kitchen/diner with a private rear balcony offering south-facing views. The property also has access to a communal gym and a lift, and the tenant has parking for one vehicle. The building has a communal entrance hall where residents can access the gym and a private storage area. The property is being sold with a 125-year lease with 102 years remaining, and the buyer will be required to pay an administration charge and a buyer's premium charge.