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£450,000 Asking price

5 bedroom Mid Terrace House for sale,
Abington Avenue, Abington, Northampton, Northamptonshire, NN1

Harry Jarvis Branch Manager
Harry Jarvis
Branch Manager
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Features and Description

  • EPC - D-E
  • Purchase of Freehold
  • Garden
  • £42,060 pa Gross Income
  • Five Studio Apartments
  • Kitchenettes
  • Converted Terraced House

NO ONWARD CHAIN

An excellent opportunity to acquire the freehold of this attractive Victorian bay-fronted mid-terrace property, converted into five self-contained studio apartments. The property is being sold with tenants in situ at full occupancy, providing an immediate and reliable income stream.

Set over four storeys, including a cellar, each apartment offers a kitchen/living area, separate bathroom, and bedroom. To the rear, there is a communal garden for resident use.

Key Features

Freehold sale including five individual leasehold studio apartments.

Fully let and income-producing from day one

Annual gross rental income: £42,060 pa

Strong rental demand in the area

Period Victorian character with bay frontage

Current Rental Breakdown

Flat 1 – £750 pcm

Flat 2 – £695 pcm

Flat 3 – £675 pcm

Flat 4 – £665 pcm

Flat 5 – £675 pcm

Total: £3,505 pcm / £42,060 pa

Abington Avenue, Abington, Northampton, Northamptonshire, NN1

Additional Information

  • Property ref
    QNT250500
  • Tenure
    Freehold
  • Council Tax
    A
  • Local authority
    West Northamptonshire Council
Harry Jarvis Branch Manager
Harry Jarvis
Branch Manager

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Your Move Estate Agents Abington

Abington Branch Manager
Your Move Abington
296a Wellingborough Road, Abington, Northampton, NN1 4EP
Mon - Fri9:00 - 17:30Saturday09:00 - 17:00Sunday10:00 - 13:00

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Borrowing £405,000 and repaying over 25 years with a 2.5% interest rate.

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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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Energy Efficiency Rating

Very energy efficient - lower running costs

(92 plus) A
(81 - 91) B
(69 - 80) C
(55 - 68) D
(39 - 54) E
(21 - 38) F
(1 - 20) G

Not energy efficient - higher running costs

Current

N/A

Potential

N/A

CO2 Rating

Very energy efficient - lower running costs

(92 plus) A
(81 - 91) B
(69 - 80) C
(55 - 68) D
(39 - 54) E
(21 - 38) F
(1 - 20) G

Not energy efficient - higher running costs

Current

N/A

Potential

N/A