Summary - Flat 3, Hadleigh House, Rectory Road NN10 0AT
1 bed 1 bath Apartment
Compact ground-floor flat with parking and immediate rental income potential.
Ground-floor one-bedroom apartment, 388 sq ft
No onward chain; currently let at £675 pcm
Allocated off-road parking space (permit H3)
Energy rating C (74)
Leasehold — ~87 years remaining
Service charge approx £1,983pa; ground rent £125pa
Electric storage heating (can be expensive)
Local area deprivation and higher crime rates
A compact ground-floor one-bedroom apartment in Hadleigh House, ideal for a first-time buyer or buy-to-let investor seeking a low-maintenance city-centre base. The flat has PVC woodgrain double glazing, electric storage heating, an allocated parking space and easy walking access to Rushden high street amenities and public transport links.
The property is offered with no onward chain and currently let at £675pcm; the sitting tenant may remain if an investor prefers. The Energy Performance is a respectable C (74). Service charges and ground rent are notable: approximately £1,983 per year for service/maintenance and £125 per year ground rent — both should be checked by solicitors prior to exchange. The lease has around 87 years remaining.
Interior space is small (about 388 sq ft) and suits single occupancy or a compact rental unit. Heating is by electric storage heaters which can be more costly than gas; there is limited private outdoor space. The local area scores as deprived with higher local crime statistics — buyers should factor neighbourhood context into their decision.
Practical positives include allocated parking (permit labelled H3), town-centre convenience and immediate rental income potential. Downsides to weigh are the shortish remaining lease relative to new-build norms, relatively high annual service charge for the size of the flat, electric heating, and local area issues that may affect long-term capital growth.
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