Flat for sale in Semilong Road, Northampton NN2
Just added
* Calls to this number will be recorded for quality, compliance and training purposes.
Property features
- Four one bedroom flats are on Semilong Rd. Each has their own access.
- Flats 1,2,3,5 and 6 are in a small block called 34A Semilong Rd
- Partially rented at present generating £35,000 gross in yearly income.
- Freehold on Two titles.
- No ground rent or service charge
- Investment opportunity comprising of 10 flats.
- Flat 2 is undeveloped and can be accessed from Semilong Rd and St Pauls Rd. It's a generous size and has a basement.
Property description
Nestled on the corners of Semilong Rd and St Pauls Road, this block of apartments presents a remarkable investment opportunity for discerning investors. Comprising a total of 10 flats, this property offers a lucrative proposition with the potential for significant returns.
The four one-bedroom flats situated on Semilong Rd each boast their independent access, providing convenience and privacy for occupants. Furthermore, Flat 2, currently undeveloped, presents an exciting opportunity for further enhancement. This generous-sized unit can be accessed from Semilong Rd and St Pauls Rd and features the added bonus of a basement, offering versatility in potential usage.
Located within a compact block at Semilong Rd, Flats 1,2,3,5, and 6 offer a cohesive living experience in a well-maintained setting. The property is partially rented, already generating an annual income of £35,000 gross, underlining its immediate income-generating potential.
The current let flats include water, gas and electric in the rents paid.
Boasting a freehold on two titles, this property benefits from the absence of ground rent or service charges, providing favourable financial prospects for prospective owners. This structure ensures a straightforward and transparent ownership experience while eliminating common additional costs associated with property ownership.
Whether you are an experienced investor looking to expand your property portfolio or a first-time investor seeking a promising venture, this block of apartments presents an attractive opportunity in a sought-after location. With strong rental potential and the chance for further development, this property offers versatility and growth opportunities for the astute investor.
In conclusion, this block of apartments on Semilong Rd and St Johns Road represents a significant investment opportunity with multiple avenues for growth and income generation. Contact us today to arrange a viewing and discover the potential that this property holds for your investment portfolio.
EPC Rating: C
Location
Northampton
For more information about this property, please contact
Taylor Walsh, MK9 on +44 1908 942131 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Taylor Walsh, and do not constitute property particulars. Please contact Taylor Walsh 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.
Marketed by
.png){kind=logo}
Taylor Walsh
(view all properties)
Regency Court, 224 Upper Fifth Street, Milton Keynes, MK9 2HR