Affordable two-bed with parking and long lease — ready for rental income potential.
Chain free two-bedroom ground-floor flat
Offered chain free, this two-bedroom ground-floor flat in Manor Court presents a straightforward investment or first-step purchase close to Wellingborough town centre. The layout includes a sizeable lounge/diner, two double bedrooms, bathroom and useful storage cupboards; an allocated off-street parking space adds practical appeal for tenants or owners.
Financially the property is well positioned for rental demand — potential returns of £800–£850 pcm are indicated, service charge c. £85 pcm (c. £1,020 pa) and a long lease of approximately 960 years. There is no ground rent and council tax is low (Band B), helping overall running costs.
Buyers should note the flat has electric storage heating and single glazing, and the EPC rating is E. These factors limit energy efficiency and could deter some tenants or require investment to upgrade. The surrounding area is classified as deprived with higher local crime levels, so buyers should weigh yield against demand and management considerations.
In short: an affordable, low-entry investment with clear rental potential and practical features (parking, storage, long lease), but expect ongoing running costs and possible upgrade work to improve EPC and comfort.