Summary - 2 ST GEORGES STREET NORTHAMPTON NN1 2TR
5 bed 5 bath Block of Apartments
**Standout Features:**
- Freehold investment opportunity with a total of 5 self-contained flats.
- Currently generating an annual rental income of £35,040, with an existing lease until January 2025.
- Located in a vibrant cosmopolitan area, appealing to young families and students.
- Modernized mid-20th century design with double glazing and essential safety systems intact.
- Total area of 431 sqft, including a shallow front garden.
**Concise Summary:**
This inviting investment property presents a unique opportunity for investors seeking stable rental income and future growth potential. Comprising five self-contained flats, this freehold block currently fetches £35,040 in rent per annum, secured under a single lease until January 2025. The property's modernized design features double glazing, electric heating, and safety systems, ensuring a comfortable living environment for tenants.
Positioned near the town center in a highly desirable cosmopolitan neighborhood, this property is well-suited for young families and students, providing easy access to local amenities and schools. While the area faces high crime rates and some deprivation, its excellent mobile signal and fast broadband speeds enhance tenant appeal. This auction property, with a guide price of £475,000, represents a timely chance to capitalize on the growing rental market. Don't miss out on this valuable investment opportunity—seize the chance before it's gone!
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