Obelisk Rise, Northampton

For Sale, Offers In The Region Of, £115,000

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**INVESTORS ONLY due to having TENANTS IN SITU and SHORT LEASE** Available now offering yields over 7% this one bedroom ground floor maisonette makes a great addition to a rental portfolio. The property is on offer with no chain and is located in the popular residential area of Obelisk Rise. The area provides a wealth of amenities with nearby shops, schools and access to the A43 and A45 and public transport links. The accommodation comprises in brief; entrance hall, lounge, separate kitchen, one double bedroom with en-suite. The property has been refurbished throughout within the last 2 years and has been maintained to a good standard. In additional to all of this, the property also comes with more benefits that include double glazing, gas central heating, a garden and parking. The property currently has tenants in situ on a fixed term tenancy paying £700 pcm.

Hallway

Enter through front door into enclosed porch area.

Lounge/Diner (4.80 x 3.70)

Hard laminate flooring, tall modern panel radiator, under stairs storage cupboard, airing cupboard storage and bay window to front elevation.

Kitchen (2.20 x 2.20)

Fitted with base and wall mounted cupboards, hard top surface, inset single drainer stainless steel sink unit, built-in single electric oven inset electric hob and extractor over. Integrated tall standing fridge/freezer and washing machine left as gesture of good will. Half splashback tiling and tiling to ceiling. Window to side elevation.

Bedroom (4 x 2.60)

4.00m x 2.60m (13' 1" x 8' 6")Double bedroom with hard grey laminate flooring, window to rear elevation and single panel radiator.

En-suite

Three piece suite comprising of black marble effect tiling in shower, white metric half tiling to all walls, white toilet and sink basin, square shower cubicle with double head gravity fed shower. Window to side elevation and single towel rail radiator.

Garden

Patio garden space, surrounded by a stone edging, single panel fencing dividing the neighbouring property, garden shed for storage.

Agent Notes

Tenants paying £700 a month of a fixed 12 month tenancy agreement.
99 years remaining on the lease from 25/03/1981 (57 years and 8 months remaining)
Service charges and ground rent £337 a year.
Local Authority: West Northamptonshire Council Band: A

To conform with section 21 of the Estate Agents Act we declare that the owner of this property is connected to a consultant of this firm.

  • Investors Only
  • Yield of 7.3%
  • Tenant In Situ
  • One Bedroom
  • Ground Floor Maisonette
  • En-suite
  • Permit Parking
  • Energy Efficiency Rating: C
Floorplan for Obelisk Rise, Northampton

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