Station Road, Desborough

For Sale by Public Auction.

Ideal three-bedroom terraced investment property, ready to let with an approx. 9.9% yield (based on the auction guide price).

A three bedroom mid-terraced property offering well-proportioned and versatile living accommodation, situated in a popular residential location within Desborough, close to a range of local schools and amenities.

The property is considered to be in good lettable condition and is ready to be occupied, making it an attractive proposition for buy-to-let investors seeking a straightforward investment opportunity. Based on an anticipated rental income of approximately £975 per calendar month, the property could generate an annual rental income of £11,700, equating to an indicative gross rental yield of approximately 9.9% against the guide price of £115,000. These figures are subject to market conditions and prospective purchasers should satisfy themselves as to the achievable rental income.

The accommodation is arranged over two floors and comprises a lounge, dining room and kitchen to the ground floor, with three bedrooms and a family bathroom to the first floor. Externally, the property benefits from a front courtyard garden together with a generous rear garden, predominantly laid to lawn, providing useful outside space.

The property occupies a good residential position within Desborough, with local schools and amenities situated nearby. The location, combined with the property's three-bedroom accommodation and ready-to-let condition, makes it a suitable proposition for landlords seeking to add a residential property to their portfolio.

There may also be scope to extend the property, subject to obtaining the necessary planning permissions and consents, providing a potential opportunity for purchasers wishing to explore further enhancement of the accommodation.