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6 bedroom block of apartments for sale

High Street South, Rushden NN10
Reduced
Block of apartments
6 beds
5 baths
2302
EPC rating: D
Reduced < 7 days

Key information

TenureFreehold
Council taxAsk agent
BroadbandUltra-fast 1000Mbps *

Features and description

  • A block of five long-term LET apartments and the freehold
  • FOUR x 1 bedroom and ONE x 2 bedroom apartments
  • Convenient location towards the south side of the Town
  • A rare opportunity to acquire a BLOCK of apartments and the FREEHOLD
  • Current income of £32,940 per annum
  • A 6.93% return at £475,000
  • Represents a perfect buy to let proposition
  • Floorplans available soon
  • Please contact James Coles, Branch Manager for further information
  • Energy Ratings - See Paragraph below
A great opportunity to purchase a block of five long-term LET apartments in a very convenient location towards the south side of the Town (FOUR x 1 bedroom and ONE x 2 bedroom). A rare opportunity to acquire a BLOCK of apartments and the FREEHOLD, with all 5 apartments being LET. Current income of £32,940 per annum (a 6.93% return at £475,000), therefore representing a perfect buy to let proposition. Please contact James Coles, Branch Manager for further information.

Energy Efficiency Ratings - Energy Efficiency Ratings, Certificate Numbers and Expiry Dates:

Apartment 1: D66 - Certificate Number:[use Contact Agent Button]-6090-9250 - Valid Until: 17 March 2030
Apartment 2: C71 - Certificate Number:[use Contact Agent Button]-6380-3200 - Valid Until: 17 March 2030
Apartment 3: E43 - Certificate Number:[use Contact Agent Button]-0526-4963 - Valid Until: 25 January 2026
Apartment 4: C74 - Certificate Number:[use Contact Agent Button]-2427-2421 - Valid Until: 26 February 2033
Apartment 5: D63 - Certificate Number:[use Contact Agent Button]-0639-4292 - Valid Until: 11 March 2032

N.B - All 5 apartments are let on assured, shorthold tenancy agreements. A 5 tenants in residence are well settled and have no desire to leave:

Apartment 1 - currently let at £515.00pcm. Been in residence for 7 years.
Apartment 2 - currently let at £515.00pcm. Been in residence for 15 years.
Apartment 3 - currently let at £625.00pcm.
Apartment 4 - currently let at £595.00pcm.
Apartment 5 - currently let at £495.00 pcm. Been in residence for 12.5 years.

Current rental income of £2,745.00pcm
Current rental income of £32,940.00 per annum

Further Information - Communal areas, accessed from a main front access on High Street South and a rear access off Albion Place also.
Communal corridors and access to all floors and all 5 apartments.
Externally, to the rear, there is a covered terrace area, garden area and drive, providing off-road parking facilities for a couple of vehicles. If the drive / garden area was reconfigured, parking for all 5 apartments could be created.
Out of respect for the tenants, no internal photographs are being used as part of our marketing.

Property information from this agent

About this agent

Mike Neville Estate Agents - Rushden
Mike Neville Estate Agents - Rushden
Neville House, 67 Wellingborough Road Rushden, Northamptonshire NN10 9YG
01933 818072
Full profileProperty listings
Mike Neville is very different to other Rushden Estate Agents As part of O’Riordan Bond we are an independent multi office fourteen branch network focused on selling and renting property across NN1 to NN10 The Mike Neville Rushden Office has a team of ten experienced professionals headed by James Coles for Sales and Amy Hamilton Ward on Lettings that focus on delivering customer service excellence across NN8-9-10 Our fourteen branches work together to achieve the best possible price and minimise risk for our vendors and landlords through what can often be a stressful process We also employ dedicated experienced Client Care Managers who work closely with each client through until the day of your move We believe Mike Neville is different to other estate agents delivering a bespoke service to each client We are a member of The Property Ombudsman – so please 01933 818072 now
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