This calculator provides a guide to the amount of residential stamp duty you may pay and does not guarantee this will be the actual cost. This calculation is based on the Stamp Duty Land Tax Rates for residential properties purchased from 23rd September 2022 and second homes from 31st October 2024. For more information on Stamp Duty Land Tax, click here.
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£120,000
1 bedroom Flat for sale, Tresham Street, Kettering, Northamptonshire, NN16
Features and Description
- Tenanted investment with £750 PCM income (£9,000 pa)
- Approx. 7.5% gross yield at £120,000 asking price
- Reliable, referenced tenants already in situ
- Ground floor one-bedroom apartment
- Part of a block conversion completed in 2021 of just 10 units
- Spacious open-plan lounge/kitchen/diner
- Modern bathroom and generous double bedroom
- Neutral décor for easy re-letting and broad appeal
- Off-road parking and radiator heating
- Walking distance to town centre and mainline station
** Buy-to-Let Opportunity | Immediate Income | Tenanted Apartment **
Your Move Nolan Throw are delighted to present this ready-made investment opportunity, offered with reliable, referenced tenants in situ currently paying £750 PCM (£9,000 per annum), providing an attractive gross yield of approximately 7.5% at the asking price of £120,000.
The seller has advised that the property benefits from approximately 126 years remaining on the lease, with a ground rent of £95 per annum, and that no service charges have been requested.
Forming part of a converted office block of just ten apartments, this well-presented ground floor one-bedroom property is ideally suited to landlords seeking immediate income with minimal void risk.
The accommodation comprises a spacious and modern open-plan lounge/kitchen/diner, a well-proportioned double bedroom, and a contemporary bathroom, all finished in neutral, tenant-friendly décor to support strong ongoing demand and ease of re-letting.
Further benefits include off-road parking, radiator heating, and secure, low-density communal access shared with just one other apartment, enhancing overall tenant appeal.
Ideally positioned within walking distance of Kettering town centre and the mainline train station, offering direct links to London, the property enjoys a consistently strong rental location.
A turnkey investment opportunity generating income from day one. Contact our team for further details or to arrange a viewing.
IMPORTANT NOTE TO POTENTIAL PURCHASERS:
We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are travelling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the seller.
Tresham Street, Kettering, Northamptonshire, NN16
Additional Information
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Property refQKE260189
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EPCE
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TenureLeasehold
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Lease length125 years
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Council TaxA
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Ground Rent£95
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Ground Rent ReviewContact the branch
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Service ChargeContact the branch
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Your Move Estate Agents Kettering
Your Move Kettering
10 Silver Street, Kettering, NN16 0BN
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