Immediate rental income with short‑walk access to town and station.
Freehold block of four one-bedroom flats, sold with tenants in situ
Current gross annual income £33,720 (documented)
Gated gravel off-street parking to rear
Within short walking distance of town centre and train station
EPC rating E; energy upgrades likely required
Described electric heating; verify heating and utility arrangements
Solid brick Victorian build; limited wall insulation assumed
Area has slow broadband and higher crime/deprivation levels
A red-brick Victorian end-of-terrace converted into four one-bedroom flats, sold with the freehold and all units tenanted. The block currently produces a documented annual income of £33,720 and includes gated gravel off-street parking to the rear—positioned within walking distance of Northampton town centre and the train station. Communal and private layouts are straightforward, with each flat arranged over ground and first floor levels and benefitting from UPVC double glazing.
This is a clear buy-to-let opportunity for an investor seeking immediate rental income. The property’s tight urban plot and solid brick construction give it long-term durability and a familiar lettings profile for single-occupier demand (students, young professionals). With tenants in situ the purchase offers an income stream from day one and scope to manage or uplift rents over time.
There are material points to note: the EPC is rated E and the flats are described as having electric heating despite other records showing mains gas—prospective buyers should verify heating systems and service records. The building appears to have solid brick walls with limited insulation and will likely benefit from energy-efficiency upgrades and cosmetic refurbishment to boost rental value and marketability. Broadband speeds in the area are slow and the locality is recorded as having higher crime and deprivation levels, which can affect tenant mix and rental growth.
Overall, this block suits an investor prepared to take on a Victorian conversion with steady income and room for value-add through refurbishment and efficiency improvements. Verify tenancy agreements, service and utility arrangements, and factor in planned works and regulatory compliance when assessing yield and long-term returns.
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