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  1. Property photo 1 of 24 Front External
  2. Property photo 2 of 24 Kitchen
  3. Property photo 3 of 24 Living & Dining

£169,000

2 bed flat for sale
The Approach, Northampton, Northamptonshire NN5

    • 2 beds

    • 1 bath

    • 1 reception

  • EPC Rating: C

  • Leasehold

Chelton Brown

Logo of Chelton Brown

About this property

  • Investment Opportunity

  • Safety Certs All In Place

  • Already Tenanted

  • £11,700 Annual Income

  • Potential 9.5% Yield

  • £900pa Service Charge

  • £1 Peppercorn Ground Rent

  • Great Location

  • Excellent Block Management

  • Lateral living

  • Step free access

Chelton Brown are delighted to present to the market this fantastic investment opportunity-a fully tenanted, turnkey buy-to-let apartment offering immediate returns.

Currently achieving an annual rental income of £11,700, and with modest outgoings including a £900 per annum service charge and a peppercorn ground rent of just £1, this property provides an impressive gross yield of approximately 9.5%. With the tenant already in situ and all compliance certificates in place, this is a hassle-free investment from day one.

Situated within the sought-after Life Building development, the property benefits from superb on-site management and beautifully maintained communal areas. The development’s standout feature-the iconic former Express Lift Tower, now a local landmark-hosts regular charity events such as abseiling, contributing to the building’s strong community appeal and continued tenant demand.

The ground-floor apartment comes with allocated parking and is presented in excellent condition throughout. It features neutral décor, well-maintained carpeting, and a modern fitted kitchen complete with appliances. The spacious living area easily accommodates both lounge and dining furniture, while the two generous double bedrooms include built-in wardrobes for added convenience. The contemporary bathroom offers a shower-over-bath setup, perfect for modern living.

All essential safety certificates are already in place, including the EPC, eicr, and Gas Safety Certificate, ensuring full compliance and peace of mind for any investor.

This property represents an exceptional opportunity to acquire a well-managed, income-generating asset in a highly regarded development with excellent ongoing rental potential.

Don’t miss out on this ready-made investment-contact Chelton Brown today to arrange your viewing.

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More information

  • Tenure

    Leasehold (974 years)

  • Service charge

    £900 per year

  • Council tax band

    C

  • Ground rent

    £1

  • Ground rent date of next review

See all recent sales in NN5

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.