Hawkins Court, Overstone Road, Northampton, NN1

Details

HIGH YIELDING 8% RENTAL INCOME FOR 2 YEARS! Fully Managed Short Term Lets Permitted Completion January 2024 Train To Birmingham or London Within 1 Hour

Mr Investa are pleased to present a selection of high specification one bedroom apartments, each of them with their own unique style. Hawkins Court is an exquisite Grade II listed building that offers residents a bespoke modern finish, whilst still maintaining many original features. Fantastic location in the centre of Northampton, in the commuter belts for both Birmingham and London.

HAWKINS COURT A convenient town centre location within walking distance to shops, cafés, bars and restaurants. Close to the University of Northampton and Northampton General Hospital. This iconic Grade II listed factory building can only be described as an architectural gem, located in the increasingly popular 'Boot & Shoe Quarter' and comprising 89 apartments over 4 floors with access to a communal courtyard.

APARTMENTS Although all 89 apartments have their own unique style, they all share luxury interior design with heritage style windows, LVT flooring and soft plush carpets to the bedrooms. The kitchens are finished in a Soho Midnight Blue with mineral stone laminate worktops with integrated appliances and the bathrooms are fully tiled with a marble effect and brushed brass detailing.

INVESTMENT Within the London and Birmingham commuter belts, Northampton offers strong and long term growth in the property market. The area is in high rental demand for it's affordability and convenience for commuting to either Birmingham or London via train within 1 hour. Investors have the option of renting these apartments on standard AST's or on a Short Term Let basis which is permitted within the development.

HISTORY GT Hawkins, a well known shoe factory in the town dating back to 1880, employed thousands of workers and played a vital role in providing boots for the war efforts during both World Wars. Notably in 1885, the factory was awarded the Royal Warrant for their exceptional provision of riding boots to Her Majesty Queen Victoria.

FINANCIAL PERFORMANCE Rental Income: 8% of purchase price Service Charge: £1,176 per annum Ground Rent: £0 Lettings Management: 10% + VAT

ADDITONAL INFORMATION Tenure: Leasehold 125 years

NOTE TO PURCHASERS: Whilst all Information is believed to be correct, the information is provided via the seller and should always be check via yourself or legal representative. Mr Investa does not accept any responsibility in respect of this information provided.