1 bedroom Flat for sale,

Reservoir Road, Kettering, Northamptonshire, NN16

An open archway leads seamlessly into the contemporary fitted kitchen, which offers a comprehensive range of base and wall-mounted units, ample work surface space, integrated cooking facilities and room for additional white goods.

The spacious double bedroom enjoys a pleasant front aspect and provides plenty of room for a full range of bedroom furniture, while the modern bathroom is fitted with a contemporary suite.

A particularly useful, generously sized storage cupboard accessed from the entrance hall offers valuable additional storage, further enhancing the practicality of the apartment.

The communal areas are bright and well maintained, whilst outside, the property benefits from an allocated parking space and bike stores for resident use adding further desirable features that continues to appeal to tenants, adding further value to this already attractive investment.

Conveniently located within easy reach of local shops, everyday amenities and excellent transport links, the apartment occupies a popular location that continues to experience strong rental demand.

With an established tenancy already in place, immediate rental income from completion, an attractive 8.45% gross yield at the asking price and an exceptionally long lease, this property represents a hassle-free investment offering excellent income from day one together with strong long-term capital growth potential.

Lease Information:

We are advised that the property benefits from:

Approximately 977 years remaining on the lease.

Ground Rent: £75.00 every six months

Service Charge: £664.96 every six months

The gross rental yield has been calculated using the current rental income of £775 per calendar month and the asking price of £110,000. Purchasers should satisfy themselves with regard to all financial calculations.

Take a look at our high-definition virtual tour for an immersive preview, then contact the friendly team at Your Move Nolan Throw to arrange your viewing or discuss this fantastic investment opportunity further.