Summary -
Flat 5,243 Abington Avenue,Northampton,NN3 2BU
NN3 2BU
8 bed 1 bath Block of Apartments
Fully let five-apartment freehold producing a strong, immediate rental income..
Fully let five-apartment block generating £59,880 pa
High-spec 2021 conversion with modern kitchens and finishes
Four allocated rear parking spaces (Apartments 1–4)
Undercover bike store and five storage sheds
Video entry system; EPC ratings C and above
Limited external amenity — gravelled front garden and rear area
Above-average local crime levels may affect tenant perception
Freehold title; built-in 2021, newly renovated and turnkey
A turnkey, freehold investment in highly sought-after Abington: this period red-brick former house was converted in 2021 into five high-spec apartments, producing a current rental income of £59,880 per annum. The block is fully let and presented to a modern standard throughout, with contemporary fitted kitchens, engineered wood floors and light, airy communal areas. EPC ratings are C and above for all units.
Practical income drivers include four allocated rear parking spaces (allocated to Apartments 1–4), a secure video entry system, an undercover bike store and five external storage sheds. The property benefits from strong local amenities and green space, being moments from Abington Park, with good road links and reliable public transport to Northampton town centre and the station.
Buyers should note this is a compact urban site with limited external amenity — the front garden is gravelled and low maintenance, and the rear is a gravelled parking/service area. The wider neighbourhood records above-average crime levels, which may affect tenant demand in some segments. The building offers medium-term scope for yield enhancement by active management, minor refurbishments, or utility optimisation, but it is currently offered as a fully-let income-producing asset.
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