Long-term tenant and solid rental yield in central Northampton.
Long-term tenant in place, stable immediate income
Gross current income £10,800 per year
Achievable market rent estimated at £13,800 per year
Two bedrooms, spacious lounge, modern kitchen, 667 sq ft
Leasehold tenure — check remaining term and service charges
Located in an inner-city, very deprived area with high crime rate
Buyer’s premium applies on sale — factor into acquisition costs
Suited to investors comfortable with higher-yield, higher-risk areas
A straightforward buy-to-let in Alpha House, Broad Street, offering immediate rental income with a long-term tenant in situ. The flat has two bedrooms, a spacious lounge and a modern kitchen across 667 sq ft — practical, well-presented accommodation aimed at investors seeking low-movement income.
Current gross income is £10,800 per year with a stated achievable market rent of around £13,800. The tenant intends to remain, so the property delivers continuity of income from completion and minimal void risk for a new owner.
Buyers should note material considerations: the property is leasehold, sits in a very deprived area with high local crime statistics, and a buyer’s premium will apply to the sale. These factors affect yield assumptions, financing and management costs.
For investors comfortable operating in inner-city, higher-yield markets, this flat offers clear upside via rent uplift and steady occupancy. Review the Let Property Pack and tenancy paperwork carefully before bidding to confirm figures and lease terms.