Summary - 110 WEST COTTON CLOSE SOUTHBRIDGE NORTHAMPTON NN4 8BY
2 bed 1 bath Apartment
**Standout Features:**
- Modern two-bedroom ground floor apartment
- Allocated off-street parking
- River views and close proximity to town center, hospital, and university
- Long leasehold with 130 years remaining
- Strong investment potential with a gross yield of 8.6% (currently rented at £1000 pcm)
- Excellent mobile signal and fast broadband
**Potential Downsides:**
- High crime rate in the area
- Service charge of £2,107 p.a. and ground rent of £125 p.a.
This contemporary ground floor apartment presents an exciting investment opportunity or an ideal first-time home. With two well-proportioned bedrooms and a spacious entrance hall leading to a cozy living room and kitchen, you’ll appreciate the modern design and large windows that fill the space with natural light. Enjoy the pleasure of allocated off-street parking and river views, while being just steps away from the vibrant life of the town center, several reputable schools, and essential amenities.
The property boasts a solid return on investment potential with a current tenant in place paying £1,000 per month, ensuring a steady income stream for investors. The leasehold has 130 years remaining, and while the service charge and ground rent are manageable, potential buyers should note the high crime rate in the vicinity. However, the strong rental demand in this urban cultural mix neighborhood suggests significant upside for those looking to maximize their investment. Don’t miss out on this promising opportunity; such properties don’t stay on the market long!
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