Summary - 120A BATH ROAD KETTERING NN16 8NE
1 bed 1 bath Flat
Compact buy‑to‑let with freehold and immediate rental income for investor buyers.
- Freehold included; sale comprises whole two‑flat building
- Passing rent £7,200 pa gross (current tenancy in place)
- New 125‑year lease offered with this sale
- Recently rewired, redecorated and new carpets (May 2024)
- Double glazing installed; modern fitted kitchen
- Electric storage heating; higher running costs for tenants
- Small overall size (approx 371 sq ft) suited to single let
- Located in a deprived area with relatively high crime rates
This compact first‑floor one‑bedroom flat is offered to investors only, sold with the freehold of the building and a new 125‑year lease. It currently produces a gross passing rent of £7,200 pa and was redecorated with new carpets prior to the May 2024 tenancy. The flat benefits from recent rewiring, double glazing and a fitted modern kitchen, making it lettable with minimal immediate works.
The property includes a large workshop/store and a small rear courtyard — useful for storage or future income enhancement. There is no ground rent and no service charge currently set; the owner will manage the two‑flat building. Electric storage heating provides heating but will be a running cost consideration for tenants, and the solid brick construction likely lacks cavity insulation.
Location is convenient for town‑centre facilities, schools and transport links, but the surrounding area is classified as deprived with relatively high local crime indices. The flat’s overall size is small (approximately 371 sq ft) and best suited to single-occupant tenancies or buy‑to‑let portfolios seeking an affordable yield in Kettering.
Investors should note the positives — freehold purchase, long lease, recent refurbishment and immediate rental income — alongside the drawbacks: small accommodation, electric heating, higher‑crime neighbourhood and a currently unset service charge which will require future budgeting.
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