Property for Auction in Northamptonshire - 22 Cherry Close, Northampton, Northamptonshire NN3 2TQ

This well-presented one-bedroom apartment, set on the third floor, represents an excellent investment opportunity. The interior is arranged with an entrance hall, a fitted kitchen, a modern bathroom, a spacious lounge/diner and a comfortable bedroom with the benefit of a large storage room. Currently let on an Assured Shorthold Tenancy, the property generates £700 per calendar month, providing an appealing yield of 9.3%. The tenant has been served a Section 21 notice, though they are also happy to remain in residence, giving flexibility to the new owner. Tenure Leasehold. Please refer to the legal pack ACCOMMODATION Communal entrance hall, private entrance hall, kitchen, lounge/diner, bedroom one, bathroom and storeroom. Energy Efficiency Rating (EPC) Current Rating C Services Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services. Local Authority Northampton Borough Council Solicitors Key Conveyancing, Ref: Harry Wild, Tel: 01604 210680 Important Notice to Prospective Buyers: We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others. Additional Fees Buyer's Premium - The purchaser will be required to pay a buyers premium charge of £1,320 (£1,100 plus VAT). Administration Charge - The purchaser will be required to pay an administration charge of £900 (£750 plus VAT). Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.