Summary - Apartment 1 Havelock Mews, Havelock Street NN16 9PZ
3 bed 1 bath Ground Flat
Immediate rental income and strong broadband in a central, compact three-bedroom flat.
Tenant in situ — immediate rental income
Potential circa 8.5% annual rental yield
Three bedrooms and two bathrooms across split levels
Sold by Modern Auction; reserve price undisclosed
Buyer fees and non-refundable reservation fee apply
Lease approx. 76 years — may hinder mortgage lending
Basement bedrooms need inspection for light/ventilation compliance
Area: very high crime and high deprivation — impacts demand
This three-bedroom, two-bath ground-floor maisonette is presented as a buy-to-let opportunity with a tenant in situ and immediate rental income. The split-level layout gives privacy between living and sleeping areas, and the property is close to Kettering town centre, local shops and transport links. Modern kitchen fittings and a neutral living room help tenant appeal.
Important sale and title details affect purchase suitability. The property will be sold by Modern Auction (subject to an undisclosed reserve) and attracts buyer fees plus a non-refundable reservation payment. The lease has approximately 76 years remaining — short for some lenders and likely to restrict mortgage availability or require specialised lending.
Local factors are mixed: broadband and mobile signal are strong, and council tax is low, but the area records very high crime levels and high deprivation; these affect tenant demand and long-term capital growth. The lower-ground bedrooms and shower room should be inspected for light, ventilation and regulatory compliance before purchase.
Overall this is a straightforward income-focused purchase for an experienced investor or cash buyer who accepts auction costs and potential leasehold and location-related limitations. For a specialist landlord, the advertised potential yield (circa 8.5%) and immediate tenancy offer quick cashflow, but budget for due diligence and possible remediation or lease extension work.
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