Block of flats for sale in Wellingborough Road, Northampton NN1

Location
The block is located in the city of Northampton, at the junction of Wellingborough Road and Lutterworth Road. Wellingborough Road (A4500) is one of the main arterial into the town centre which provides a host of retail, restaurants and bars.

Three Shires Hospital is located to the south of the property whilst Abingdon and The Racehorse Parks are to the North East and North West respectively.

Description
The flats are accessed via the service yard at the rear of the property, with a shared communal first floor platform leading to all flats.

Price
Offers in the region of £570,000 (Five hundred and Seventy thousand pounds) for the 999 long leasehold interest. This represents a low capital value of £135.61 psf, which is less than replacement cost.

The purchaser may qualify for multi-unit relief on stamp duty. They should rely on their own enquiries in this regard.

VAT The premises are not elected for VAT.
EPC Rating tbc.
Tenure A new 999 year long leasehold at a peppercorn ground rent.
Anti money laundering procedures In accordance with the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 the Purchaser will be required to comply with our Anti Money Laundering policy. Further details on request.