Flat for sale in Farnborough Drive, Daventry, Northamptonshire NN11

£130,000
Interested in this property? Call +44 1327 317111 * or Request Details

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Flat for sale - 2 bedrooms

2 1 1 EPC Rating: C EPC Rating: C

Tenure:
Leasehold
Time remaining on lease:
0 years
Service charge:
£1,700 per year
Ground rent:
£125
Council tax band:
Not yet known - A band has not yet been confirmed.

Utilities and more details

Property features

  • Buy to let investment opportunity
  • Newly redecorated and new flooring
  • Very high rental demand
  • Market rent of £775 pcm
  • Over 7% gross rental yield return
  • 2 bedroom apartment with en suite
  • Semi open plan kitchen and lounge
  • Allocated parking behind electric gates
  • 133 years remaining on the lease
  • Contact graham davidson for more info

Property description

*** buy to let investment opportunity *** newly redecorated *** new flooring throughout *** very high rental demand *** market rent of £775 pcm *** over 7% gross rental yield return *** 2 bedroom apartment with en suite to bedroom one *** semi open plan kitchen and lounge *** gas central heating *** allocated parking behind electric gates *** 133 years remaining on the lease *** A perfect arms length investment *** contact graham davidson for more information ***

A two bedroom first floor apartment in a modern block of just 6 apartments on the popular edge of town development of Middlemore in Daventry.
This apartment has spacious rooms throughout and includes an en suite to bedroom one. The kitchen is semi open plan to the large lounge which has a juliette style balcony.

The apartment also benefits from gas central heating to radiators which is difficult to find in apartments.

The apartment benefits from a long lease of 133 years remaining and has a ground rent payable of £125 pa and a service charge of £1,700 pa paid monthly (Approx £142 pcm)

The property is currently tenanted with the existing tenant due to vacate. The apartment will be sold fully redecorated and with new flooring throughout. The property can also be re-let by the existing owner so that any purchaser not only gets a newly decorated apartment, but also has a tenant already moved in meaning rental income from day one.

For more information about this superb investment opportunity, Please contact Graham Davidson at Chelton Brown Estate Agents in Daventry.

Property info

Floorplan(s): Floorplan

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For more information about this property, please contact
Chelton Brown, NN11 on +44 1327 317111 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Chelton Brown, and do not constitute property particulars. Please contact Chelton Brown for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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