Summary - 45 GREATMEADOW NORTHAMPTON NN3 8DH
1 bed 1 bath Ground Flat
Chain-free auction flat with tenants in situ — investor opportunity with refurbishment potential.
Tenants in situ — immediate rental income potential
Sold by Modern Auction; reservation fee and buyer fees apply
Ground-floor one-bedroom flat, approx. 517 sq ft
Double glazing fitted after 2002; communal garden access
Electric room heaters only — likely higher heating costs
Cavity walls assumed without insulation; retrofit may be needed
Dated interior and signs of wear; requires modernization
Leasehold c.91 years remaining; verify leasepack costs
This one-bedroom ground-floor flat in NN3 presents a clear opportunity for investors seeking an income-producing asset. Sold at modern auction with tenants in situ, it offers immediate rental return and a straightforward chain-free purchase route — subject to auction reservation fees and conditions.
The flat measures approximately 517 sq ft and features a double bedroom, living room, kitchen with white goods, and a bathroom with shower over bath. Double glazing was installed after 2002, and large in-flat storage helps practical day-to-day living. The building includes access to a communal garden and sits close to local shops, transport links and several well-rated primary schools.
Important practical notes: the property uses electric room heaters (no central gas heating) and walls are assumed cavity without insulation, so heating costs may be higher than average. The building dates from 1967–75 and some internal areas show dated decor and signs of wear; modernisation may be required. There may be isolated mould or damp in parts — this should be investigated during due diligence.
Auction process and costs are material: this sale uses the Modern Method of Auction and requires a non-refundable reservation fee (4.5% of purchase price, minimum £6,600) plus other buyer fees and a Buyer Information Pack charge. Leasehold with c.91 years remaining — lease and other legal documents are being compiled and should be reviewed before bidding.
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