£130,000

2 bed flat for sale

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Leasehold

£130,000

2 bed flat for sale

Farnborough Drive, Daventry, Northamptonshire NN11

2 beds
1 bath
1 reception
EPC rating: C

Key Information

Tenure:
Leasehold (Ask agent)
Service charge:
£1,700 per year
Council tax band:
A band has not yet been confirmed.
Ground rent:
£125
Ground rent date of next review:

Local area information

Property location

Nearby amenities

  • Ashby Fields Primary School 0.6 miles
  • Monksmoor Park Church of England Primary School 1 mile
  • Long Buckby 3.8 miles
  • Rugby 7.6 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Features and description

  • Leasehold
  • Buy to let investment opportunity
  • Newly redecorated and new flooring
  • Very high rental demand
  • Market rent of £775 pcm
  • Over 7% gross rental yield return
  • 2 bedroom apartment with en suite
  • Semi open plan kitchen and lounge
  • Allocated parking behind electric gates
  • 133 years remaining on the lease
  • Contact graham davidson for more info
*** buy to let investment opportunity *** newly redecorated *** new flooring throughout *** very high rental demand *** market rent of £775 pcm *** over 7% gross rental yield return *** 2 bedroom apartment with en suite to bedroom one *** semi open plan kitchen and lounge *** gas central heating *** allocated parking behind electric gates *** 133 years remaining on the lease *** A perfect arms length investment *** contact graham davidson for more information ***

A two bedroom first floor apartment in a modern block of just 6 apartments on the popular edge of town development of Middlemore in Daventry.
This apartment has spacious rooms throughout and includes an en suite to bedroom one. The kitchen is semi open plan to the large lounge which has a juliette style balcony.

The apartment also benefits from gas central heating to radiators which is difficult to find in apartments.

The apartment benefits from a long lease of 133 years remaining and has a ground rent payable of £125 pa and a service charge of £1,700 pa paid monthly (Approx £142 pcm)

The property is currently tenanted with the existing tenant due to vacate. The apartment will be sold fully redecorated and with new flooring throughout. The property can also be re-let by the existing owner so that any purchaser not only gets a newly decorated apartment, but also has a tenant already moved in meaning rental income from day one.

For more information about this superb investment opportunity, Please contact Graham Davidson at Chelton Brown Estate Agents in Daventry.

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Property descriptions and related information displayed on this page are marketing materials provided by - Chelton Brown. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Chelton Brown for full details and further information.

  1. Zoopla
  2. For sale
  3. Northamptonshire
  4. Daventry
  5. Farnborough Drive

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