For Sale6 Bedroom Terraced House in Colwyn Road, Northampton, Northamptonshire, NN1£625,000

FREEHOLD INVESTMENT OPPORTUNITY OF FIVE SELF-CONTAINED APARTMENTS ALL LET ON ASSURED SHORT HOLD TENACIES TO PROVIDE A SUBSTANTIAL INCOME, CLOSE TO SHOPS AND PARK<br/><br/>High quality freehold investment property comprising five self-contained apartments situated in a popular location close to park and shopping facilities. The apartments are all currently let on a short hold assured tenancies producing a current gross rental of £53,400 per annum or an 8.5% gross yield at the asking price. <br/><br/>There are communal rear gardens to the rear backing onto Northampton Racecourse. Parking is on road.<br/><br/>PROPERTY INFORMATION<br/><br/>Services: Apartment one has mains gas and is heated by radiators. Apartments two to five are electric heating. All have separate meters which are located in the stairwell with the tenants paying these direct with the utilities as well as individual council tax. The landlord pays one water charge for all apartments.<br/><br/>Local Authority: West Northamptonshire Council <br/>Tel. 0300 126 7000<br/><br/>Outgoings: All apartments are Council Tax Band A <br/>£1,476.80 for the year 2024/2025<br/><br/>EPC Rating: Available<br/><br/>Tenure: Freehold<br/><br/>Leases: A copy of all leases available from the selling agents to interested parties.<br/><br/>Viewings: Strictly by appointment with Jackson-Stops <br/>Tel: 01604 632 991