Summary - Trafalgar Road, Kettering, NN16 NN16 8DD
1 bed 1 bath Light Industrial
**Standout Features:**
- Large industrial property spanning 27,577 sq.ft
- Secure, fenced 1.15-acre plot with allocated parking
- Currently generating a rental income of £108,130, with potential growth
- Freehold tenure offering long-term investment stability
- High ceilings and versatile space suitable for various industrial uses
**Key Considerations:**
- Located in a transitional area with a high crime rate
- Surrounded by both residential and commercial properties, which could affect tenant stability
- Requires ongoing management for optimal rental growth
This expansive light industrial property in Kettering offers a unique investment opportunity with substantial income potential. Strategically situated on a secure 1.15-acre plot, this facility encompasses six units designed for diverse industrial applications. Current leasing generates an impressive £108,130 annually, with Unit 5 under offer at £18,000, potentially elevating total income to £126,130. The property’s generous space—27,577 sq.ft—paired with excellent broadband speeds and off-street parking, make it a functional choice for businesses.
Investors will appreciate the possibility for rental growth through savvy asset management, while the attractive guide price of £1.6 million presents a low capital value of just £58 per sq.ft, translating to a competitive gross initial yield of 7.88%. However, it is crucial to take into account the surrounding area’s high crime rate and overall economic deprivation, making it vital to assess tenant suitability. With the right management and vision, this property holds the potential for future growth and increased value—don't miss your chance to secure this promising investment!
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