6 bedroom terraced house for sale
Key information
Property description & features
- Substantial Mixed Use Investment
- Prominent Town Centre Location
- 990 sq ft Retail Unit + Basement
- Two x Two Bedroom Apartments
- Two x Studio Apartments
- Communal Garden, Rear Access
- Passing Rent of £42,740 Exclusive
- 100% Let Asset Management Opportunity
Location: - Towcester is a thriving and expanding market town which is strategically placed for access to the regional and national road network with Junction 15a of the M1 Motorway less than 6 miles to the north east. The town is situated at the Junction of the A5 Watling Street and A43 dual carriageway which provide easy access to Milton Keynes, Northampton, Banbury and the midlands.
Tenancies: - The residential parts are subject to individual Assured Shorthold Agreements of less than 12 months. Three of the flats are now Statutory Periodic Tenancies. The residential parts are let for a total of £24,960 per annum exclusive.
The ground floor is subject to a full repairing and insuring lease to a private individual for 20 years from 1st April 2012. The current passing rent is £17,750 per annum. There are upwards only rent reviews on every 4th anniversary (next due 1st April 2024) with no break options.
Energy Performance: - The property has the following EPC ratings:
Ground floor - C (52)
Flat 1 - C (69)
Flat 2 - D (65)
Flat 3 - C (69)
Flat 4 - D (60)
Legal Costs: - Each party is responsible for their own legal and professional costs.
Vat: - All figures are quoted exclusive of VAT at the prevailing rate.
Local Authority: - West Northamptonshire Council, One Angel Square, Angel Street, Northampton, NN1 1ED.
Accomodation: - Basement Ancillary
768 sq ft (Net)
71.25 sq m (Net)
Business Use Class E
Ground Floor Retail: - 990 sq ft (Net)
91.25 sq m (Net)
Business Use Class: E
Taxation: £16,500
First Floor Flat 1: - Two Bedrooms
857 sq ft
79.66 sq m
Residential Use
Council Tax Band A
First Floor Flat 2: - Studio Apartment
273 sq ft
25.36 sq m
Residential Use
Council Tax Band A
Second Floor Flat 3: - Two Bedrooms
857 sq ft
79.66 sq m
Residential Use
Council Tax Band A
Second Floor Flat 4: - Studio Apartment
273 sq ft
25.36 sq m
Residential Use
Council Tax Band A
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Property reference 31957533. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Bartram & Co Estate Agents - Towcester.
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Broadband availability and predicted speed: obtained from Ofcom on November 19, 2022
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
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Mobile phone signal availability and predicted strength: obtained from Ofcom on November 19, 2022
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area
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