A remarkable and rarely available opportunity to purchase 14 apartments with a majority share of freehold in the heart of Wellingborough. Offered with no forwarding chain and situated very close to the mainline train station (under 10 minute walk), featuring a communal private parking area
A REMARKABLE AND RARELY AVAILABLE OPPORTUNITY TO PURCHASE 14 APARTMENTS IN THE HEART OF WELLINGBOROUGH WITH A MAJORITY SHARE OF FREEHOLD, WITH EACH INDIVIDUAL LEASEHOLD COMING WITH A SHARE OF THE FREEHOLD. 14 APARTMENTS (COMPRISING 8 1 BEDROOM APARTMENTS AND 6 STUDIO STYLE APARTMENTS) OF A TOTAL OF 16 ENCOMPASSING THE COMPLEX ARE ON OFFER. BOASTING A COMMUNAL PRIVATE PARKING AREA TO THE REAR AND LOWER LEVEL COURTYARD TO THE FRONT. BENEFITTING FROM BEING SITUATED NEARBY TO LOCAL AMENITIES, UNDER 10 MINUTE WALK FROM THE MAINLINE TRAIN STATION, HOSPITAL AND THE NEARBY ROAD LINKS OF THE A509 AND A45. ALL OF THE FLATS ARE OFFERED WITH NO FORWARDING CHAIN.
EPC ratings for each Apartment are numbered with the dwelling as follows:
1 (D), 2 (D), 3(D), 4(D), 5(D), 6(D), 7(C), 8(C), 9(C), 10(C), 12(C), 13(E), 14(E), 16(D)
The below is the layout of one of the 1-Bedroom apartments (Flat 8), each apartment is of similar proportions as shown on the floorplans provided.
Entrance Hallway (1.25m x 5.25m MAX incl. indent)
Doors to principle rooms, storage cupboard with hot water cylinder, electric radiator
Open Plan Living Area (3.60m x 3.20m)
Double glazed windows to front and side aspect, electric radiator, opening to:
Kitchen (2.65m MAX incl. turn x 1.70m)
A range of wall and base units, tiled splashbacks, double glazed window to front aspect, laminate work surface incorporating a sink with drainer, electric oven and hob
Bedroom (2.65m x 2.20m)
Double glazed window to front aspect, electric radiator
Bathroom (2.40m x 1.30m)
Part tiled surrounds to corner bath and tiled splashback to pedestal wash basin, low-level W/C
Outside
Communal Parking area for residents of the apartment complex, communal bin store area, Communal Courtyard
The below is the layout of one of the studio style apartments, each studio apartment is of similar proportions changes as shown on the floorplans provided.
Entrance Hallway (1.25m x 3.55m MAX incl. indent)
Doors to principle rooms, storage cupboard with hot water cylinder
Open Plan Living Area (3.95m x 5.00m MAX incl. bay)
Double glazed bay window to front aspect in addition to separate double glazed window to front aspect, electric storage heater, recess to:
Kitchen (2.55m x 1.15m)
A range of wall and base units, tiled splashback, double glazed window to front aspect, laminate work surface incorporating a sink with drainer, electric oven and hob, free-standing washing machine
Bathroom (2.25m x 1.35m)
Part tiled surrounds to corner bath and tiled splashback to pedestal wash basin, low-level W/C
Outside
Communal Parking area for residents of the apartment complex, communal bin store area, Communal Private Patio Area
LEASE DETAILS
We have been advised that all apartments are sold with leases in excess of 900 years
Service Charge - £59.90 PCM per dwelling
No Ground Rent Applicable
Majority Share of Freehold on offer
RENTAL INCOME BY APARTMENT
(Please note we advise market values of each flat range from £550-£625.00, with this increasing on some cosmetic refurbishment)
1 - £395.00 PCM
2 - £465.00 PCM
3 - VACANT
4 - £465.00 PCM
5 - £425.00 PCM
6 - £550.00 PCM
7 - £440.00 PCM
8 - £495.00 PCM
9 - £550.00 PCM
10 - £500.00 PCM
12 - £475.00 PCM
13 - £550.00 PCM
14 - £550.00 PCM
16 - £475.00 PCM
We would like to draw special note to Apartments 1 and 5 that feature a unique and more sizeable layout than the other studio flats as shown in the floorplans provided.
History and Location
Wellingborough is a market town in North Northamptonshire brimming with history with roots that can trace back to medieval times. It is situated close by to three prominent towns of Kettering - 7 miles (11km), Market Harborough - 12 miles and Beford - 19 miles. The nearest railway station is less than 0.5 miles away 'Wellingborough Railway Station' with a direct train line into London St Pancras (as quick as 45 mins) via EMR.
It is within a 5-10 minute of the county-wide popular Rushden Lakes Leisure and Shopping Complex
The town has a rich history dating back to the Anglo-Saxons, being originally named "Wendelingburgh" (the stronghold of Wændel's people). Notable attractions include 'The Castle Theatre', local museum and the 'All Hallows Church' which is the oldest building in Wellingborough dating back to c. 1160AD.
Council Tax Band - A (EACH DWELLING)
ALL MAIN SERVICES are connected.
TO VIEW, and for more information, including a copy of the EPC please contact Sell It Homes on 01536 514990 or email info@sellithomes.co.uk
Sell It Estate Agents have prepared these particulars as a general guide for the assistance of purchasers. We have not carried out any form of survey, neither have we tested services or specific fittings and are therefore unable to confirm that they are satisfactory for their desired purpose.
Measurements are approximate only and should not be relied on when ordering carpets, furnishings etc. No person in the employment of Sell It Estate Agents has any authority to make or give any representation or warranty whatsoever in relation to this property or its fittings.
Whilst we endeavour to make our sales particulars accurate and reliable, if there are any points which are of particular concern to you, please contact our offices and we would be pleased to check the information for you. Do this particularly if you are travelling some distance to view the property.
**Please note this is a joint listing between 2 separate parties**
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This is a Share of Freehold property.