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Newton Road, Rushden, Northamptonshire, NN10

5 Bedroom Flat For Sale

Newton Road, Rushden, Northamptonshire, NN10
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££460,000 OIRO

Features

- Town centre location
- Three separate shops
- Three Self Contained Flats
- All Occupied - With Long Commercial Leases
- Annual Income £33,000
- Shared Communal Garden
- Fantastic Investment Opportunity
- Rarely Available
- Viewing Advised
- Valid EPC's For All Residential Flats (Commercial Units Exempt)

Nearest Train Stations

Transport  Wellingborough - 3.55 miles
Transport  Kettering - 9.21 miles
Transport  Bedford - 11.69 miles

Nearby Schools

Highfield Nursery School - 3.97
Alfred Street Junior School, Rushden - 0.15
Rushden Academy - 0.71

Description

*360° walkthrough available* We are delighted to offer for sale this rarely available Town Centre, mixed commercial and residential investment opportunity. Comprising three commercial units and three self contained 1 and 2 bedroom flats. All three commercial units are all occupied and will be on new 10 year leases with an initial 1 year break clause and 3 yearly thereafter. The three self contained flats are also occupied on assured short hold tenancy agreements. The total annual income for the 6 units equates to some £33,000 (£2,750.00 per month) (a 7.17% return on investment at £460,000) (scope for a higher rental return on the flats, which are all let at very realistic rental figures) A fantastic investment opportunity - DO NOT MISS OUT!
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Floorplans

previous floorplan
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Documents

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Contact the office

Mike Neville Estate Agents
Neville House
67 Wellingborough Road
Rushden
NN10 9YG

01933 316316
sales@mike-neville.co.uk

Stamp Duty to pay is:

No stamp duty tax (less than 500K)
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