Summary - ALPHA HOUSE FLAT 607 BROAD STREET NORTHAMPTON NN1 2HQ
1 bed 1 bath Apartment
Newly renovated one-bedroom investment with tenant in place and allocated parking.
Sold as a going concern with tenant in situ and immediate rental income
Sixth-floor, one-bedroom apartment in Alpha House, presented newly renovated and sold as a going concern. The flat is let to a long-term tenant, offering immediate rental income and a straightforward purchase for a buy-to-let investor. Allocated off-street parking and a secure entrance add practical appeal for tenants.
Internally the apartment is bright and modern with an open-plan living/kitchen, double bedroom with en-suite, separate bathroom with shower, and double glazing. The 106-year lease gives long-term security; total area is around 607 sq ft. Electric room heaters provide heating and mains electricity is the main fuel source.
Buyers should note material local and running-cost factors: the building sits in a very deprived, high-crime area with mixed nearby school Ofsted ratings; this can affect tenant profiles and long-term capital growth. Service charge and ground rent apply (approx. £2,695 pa service charge; £250 ground rent). Overall, the property suits investors seeking immediate income from a well-presented, low-maintenance apartment, but it is less suitable for buyers prioritising low-crime, high-growth neighbourhoods.
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