Summary - ALPHA HOUSE FLAT G12 BROAD STREET NORTHAMPTON NN1 2HS
1 bed 1 bath Flat
Long-term tenanted city apartment with steady rental income for portfolio growth.
One bedroom flat, approx. 506 sq ft
Long-term tenant in place; immediate rental income
Current gross income £9,000 pa, market potential £9,600 pa
Leasehold: about 84 years remaining
High local crime rates; area classed as very deprived
Buyers’ premium applies to secure the sale
No flood risk; fast broadband and excellent mobile signal
Inner-city location near amenities and transport links
A straightforward buy-to-let in Northampton city centre, offered with a long-term tenant in situ. The property is a one-bedroom flat of around 506 sq ft with a spacious lounge and a modern kitchen, currently generating £9,000 pa and with demonstrable scope to reach an estimated market rent of £9,600 pa.
This will suit investors seeking an immediate income stream and minimal void risk thanks to the existing tenancy. Practical benefits include fast broadband, excellent mobile signal and no identified flood risk. The building is a contemporary, multi-storey block in an inner-city location close to local amenities and transport links.
Important considerations: the flat is leasehold with approximately 84 years remaining, and the immediate neighbourhood records high crime and significant area deprivation. A buyers’ premium applies as part of the sale process. Prospective purchasers should review the Let Property Pack and tenancy paperwork, and factor potential lease extension costs and local area risk into valuation and lending discussions.
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