£1,200,000
10 bed flat for saleStation Road, Desborough, Kettering NN14
10 beds
10 baths
10 receptions
About this property
Freehold Available
Commercial Unit
A Three Bedroom Apartment
A Two Bedroom Apartment
A Two Bedroom Apartment
Two One Bedroom Apartments
A One Bedroom Apartment
All with tenants in Situ
Summary
Located in the heart of Desborough-a rapidly expanding market town in North Northamptonshire-this bespoke, purpose-built development represents an exceptional investment opportunity.
Description
Located in the heart of Desborough-a rapidly expanding market town in North Northamptonshire-this bespoke, purpose-built development represents an exceptional investment opportunity. The freehold block is presented in immaculate condition throughout, comprising six high-specification residential apartments and a prominent ground-floor commercial unit.
The residential portfolio offers a diverse mix of units, including one three-bedroom, two two-bedroom, and three one-bedroom apartments, all currently occupied under established tenancies. The commercial element is securely let to a thriving local barbershop, providing a diversified income stream. Further enhancing the property's appeal is a discreet, integrated undercroft parking area. Assets of this calibre and maintenance standard are rarely available within the local market; therefore, an early viewing is essential to appreciate the full scope of this acquisition.
The property consists of a ground floor commercial unit currently occupied by a barber shop with a lease running until 2032 and 6 Apartments.
Flat 1 is a 3 Bed lease expiry July 26
Flat 2 is a 1 Bed on a rolling lease
Flat 3 is a 2 Bed on a rolling lease
Flat 4 is a 2 Bed on a rolling lease
Flat 5 is a 1 Bed on a rolling lease
Flat 6 is a 1 Bed on a rolling lease
The Flats and commercial unit are achieving £79,620 per annum
Agents Note
Internals may not reflect current occupation.
Council Tax band is for an individual apartment
EPC rating is applicable to each flat
1. Money laundering regulations: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. These particulars are issued in good faith but do not constitute representations of fact or form part of any offer or contract. The matters referred to in these particulars should be independently verified by prospective buyers or tenants. Neither sharman quinney nor any of its employees or agents has any authority to make or give any representation or warranty whatever in relation to this property.
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