A fantastic investment opportunity to purchase a one bedroom duplex apartment situated in the heart of Kettering town centre. The property offers a low maintenance investment with the accommodation providing kitchen/breakfast room, one bedroom, shower room with a further lounge on the lower ground floor. The property has been previously let for a rent passing of £650 per calendar month providing a 9.18% yield. The property is offered with vacant possession.
KITCHEN/BREAKFAST ROOM
18'04 x 11'0 (5.59m x 3.35m)
Entered via a composite UPVC front door with a window to the side, this room is open plan with a window to the rear elevation with tiled flooring and the kitchen area providing floor and wall mounted cabinets with plumbing for washing machine, space for a fridge/freezer, stainless steel sink and a Baxi combination boiler fitted. There is a door leading to:-
SHOWER ROOM
9'10 x 3'02 (3.00m x 0.97m)
On split level with continued tiled flooring, WC, wash hand basin and shower cubicle.
BEDROOM ONE
9'01 x 6'05 (2.77m x 1.96m)
With carpet fitted, radiator and sockets.
LOWER GROUND FLOOR
LOUNGE
11'05 x 13'06 (3.48m x 4.11m)
This room is entered via a staircase leading from the entrance of the apartment, TV socket and further wall sockets connected and carpet fitted.
There is off road parking for one vehicle.
Leasehold.
The property is available for sale with the benefit of a 99 year lease commencing 26th October 2001. The current ground rent is £25 payable every six months and the service charge is estimated at £250 payable half yearly.
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We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
The purchaser will be required to pay an administration charge of £600 (£500 plus VAT).
Administration Charge is a non-refundable £1,200 inc VAT payable on the fall of the virtual gavel.
Call the team on 01604 259 773 for more information
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