1 Bedroom Apartment

*** INVESTMENT OPPORTUNITY *** Chelton Brown proudly bring to the market this One Bedroom First Floor Apartment with large balcony, air conditioning unit and allocated parking within only a few minutes' walking distance of Northampton General Hospital and Town Centre.

This rarely available apartment briefly comprises; Entrance Hallway, very spacious open plan Kitchen/ Lounge/ Diner with double doors leading to the balcony. The wrap-around Balcony is large enough to have a substantial outdoor seating area. Master Bedroom with a built in storage cupboard/ water tank and Bathroom featuring shower over bath.

Further benefits include air conditioning unit and allocated off-road parking for one vehicle.

Offered to the market on an investment basis, current tenant is on a standard AST paying £675pcm.

Current Gross Yield to 6.8%.

No Onward Chain.

Lease term - 999 years from 1st September 1990 - 963 Years Remaining
Ground Rent & Service Charge £930.60 (per annum) payable in quarterly payments of £232.65.

This information should be verified by your legal representative prior to the exchange of contracts.

Situation
Vernon Terrace is within close proximity of Northampton General Hospital and surrounding local amenities. Being situated just off of the Wellingborough Road, you are close to numerous shops, bars and restaurants which make Abington one of the most desirable areas of Northampton.