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4 bed Flat For Sale £350,000
Wheatfield Terrace, Northampton NN3


Description
This fantastic semi-detached property offers an abundance of living space, consisting of a large knocked through living room; second reception room currently utilised as a fifth bedroom; a fully fitted modern kitchen with a range of wall and base units; dining area; downstairs bathroom. Upstairs there are four good sized bedrooms and a family bathroom. The property has been maintained to a good standard by the current long-term tenants and produces a rental yield of above 4% net.

Wheatfield Terrace is ideally located in the extremely popular district of Abington and close to Abington Park, a beautiful open green space with lakes, a café and museum. Northampton’s bustling town centre is just two miles away and offers a wide selection of restaurants, pubs, coffee shops, historical attractions, beautiful scenery, shopping and leisure facilities and cultural and entertainment venues. Northampton offers the ideal combination of urban life and peaceful countryside boasting plenty of green spaces to explore, making it the perfect residential location for residents. Transport links are fantastic with fast and frequent services from its ultra-modern £20 million station to nearby towns and Milton Keynes, Birmingham and London Euston. It's also a famous University town, The University of Northampton’s modern waterside campus is where 14,000 students are based.

Investing in Northampton is a great idea, in 2020 it was named by Experian as one of the best places in the UK to start a business, it attracts many entrepreneurs and is where several big businesses such as Avon Cosmetics, Blacks Leisure Group, Barclaycard, Carlsberg UK and Nationwide Building Society are based. This contributes to its growing economy and creates employment opportunities meaning there will always be a high demand for rental properties and a buoyant property market making it an ideal location to invest in property.

Financial Breakdown

Gross rent: £14,100
Net income: £14,100
Gross yield: 4.03%
Net yield: 4.03%

Important Note To Purchasers

*Service charge, management fee and ground rent are included as part of the assured rental period.
These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither Yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.

Yieldit ref: Yl-07170

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