Land For Sale £350,000
***development project***ideal long-term rental investment***building with planning for conversion to 5 self-contained apartments***central NN1 location***potential for long-term rental guarantee above average market rent trough Strada Real Estate*** Strada Real Estate are delighted to offer this development opportunity to the market. Located on Clare Street in central Northampton and offering swift access to the town centre, shopping and leisure amenities and the train station link to London Euston in approximately one hour.
Full Planning was granted in September 2022 for the conversion of this building to one two bedroom apartment and four further one bedroom apartments - Planning Reference WNN2022/0180
Flat 1 - 1 Bedroom Apartment - 42 sqm - 452 sqft
Flat 2 - 2 Bedroom Apartment - 62 sqm - 667 sqft
Flat 3,4 & 5 - 1 Bedroom Apartments - 38 sqm - 409 sqft
***anticipated rental income on the open market of £52,400 per annum***
***option for long-term guaranteed rental agreement (in excess of five years) above market rent available through Strada Real Estate***
***building conversion required - build quotation from our award-winning construction team available upon request***
Full Planning was granted in September 2022 for the conversion of this building to one two bedroom apartment and four further one bedroom apartments - Planning Reference WNN2022/0180
Flat 1 - 1 Bedroom Apartment - 42 sqm - 452 sqft
Flat 2 - 2 Bedroom Apartment - 62 sqm - 667 sqft
Flat 3,4 & 5 - 1 Bedroom Apartments - 38 sqm - 409 sqft
***anticipated rental income on the open market of £52,400 per annum***
***option for long-term guaranteed rental agreement (in excess of five years) above market rent available through Strada Real Estate***
***building conversion required - build quotation from our award-winning construction team available upon request***
