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Local Authority: East Northamptonshire Council
Tax Band: TBC

Opposite Manton Court and Manton Road, on Grove Road, which is situated off Newton Road, as identified by our ‘for sale’ board. Viewings should be made strictly via ourselves the Sole Selling Agents on 01933 316316. 

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Property Ref : (7687) Grove Road, Rushden, Northamptonshire, NN10 0JX
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(Click on EPC image to open EPC in new window)
Grove Road, Rushden, Northamptonshire, NN10 0JX £325,000
An ideal investment opportunity to acquire three freehold houses, in a block, all being tenanted, with a total income of £18,480 per annum. Two of the three properties have gardens and all have off road parking. All three properties have PVC double glazing & gas radiator central heating.

Introduction - **ALL SENSIBLE OFFERS CONSIDERED** 

AN EXCITING OPPORTUNITY FOR A BUY TO LET INVESTOR TO ACQUIRE THREE PROPERTIES, IN ONE BLOCK, ALL BEING TENANTED, WITH A GOOD PERCENTAGE RETURN.

39 GROVE ROAD, RUSHDEN, NORTHANTS NN10 0JX
THREE BEDROOM HOUSE WITH GARDEN AND OFF ROAD PARKING
LET AT £695 PER CALENDAR MONTH (£8,340 PER ANNUM), SINCE 25/8/16


39A GROVE ROAD, RUSHDEN, NORTHANTS NN10 0JX
TWO BEDROOM HOUSE WITH GARDEN AND OFF ROAD PARKING
LET AT £470 PER CALENDAR MONTH (£5,640 PER ANNUM), SINCE 5/8/06


39B GROVE ROAD, RUSHDEN, NORTHANTS NN10 0JX
ONE BEDROOM HOUSE WITH OFF ROAD PARKING
LET AT £375 PER CALENDAR MONTH (£4,500 PER ANNUM), SINCE 14/2/15


OVERALL ASKING PRICE - £325,000 / OFFERS INVITED (FREEHOLD) 

TOTAL RENTAL INCOME - £1,540 PER CALENDAR MONTH = £18,480 PER ANNUM

NB: IF PURCHASING AT £325,000 THIS EQUATES TO A 5.69% RETURN.

Council Tax Bands - 39 Grove Road, Rushden, Northants - B 

39A Grove Road, Rushden, Northants - A 

39B Grove Road, Rushden, Northants - A

Energy Ratings - 39 Grove Road, Rushden, Northants - D

39A Grove Road, Rushden, Northants - E

39B Grove Road, Rushden, Northants - D

 

39 Grove Road, Rushden, Northants Nn10 0Jx - (Photographs shown were taken prior to the Tenant moving in)

Entrance Hall - 

Lounge - 3.60m x 4.25m (11'10" x 13'11") - 

Kitchen/Breakfast Room - 3.00m x 4.25m (9'10" x 13'11") - 

Bedroom 1 - 3.00m x 4.25m (9'10" x 13'11") - 

Bedroom 2 - 3.60m x 2.16m (11'10" x 7'1") - + door recess

Bedroom 3 - 2.51m x 1.93m (8'3" x 6'4") - 

Bathroom/W.C - 

Landing - 

Outside - Front forecourt. Off road parking. Rear garden.



39A Grove Road, Rushden, Northants Nn10 0Jx - 

Hall - Door to:

Kitchen/Breakfast Room - 2.52m x 3.93m (8'3" x 12'11") - maximum

Lounge - 4.12m x 3.93m (13'6" x 12'11") - maximum

Bedroom 1 - 2.52m x 3.93m (8'3" x 12'11") - maximum + door recess

Bedroom 2 - 2.04m x 3.93m (6'8" x 12'11") - maximum

Bathroom - 

W.C - 

Landing - 

Outside - Front forecourt. Off road parking. Enclosed rear garden.



39B Grove Road, Rushden, Northants Nn10 0Jx - 

Hall - 

Kitchen/Dining Room - 5.55m x 2.41m (18'3" x 7'11") - Maximum

Lounge - 5.18m x 2.41m (17'0" x 7'11") - Maximum including stairs

Bedroom - 3.41m x 2.41m (11'2" x 7'11") - 

Shower Room/W.C - 

Outside - Off road parking.


Additional Information - OVERALL PURCHASE PRICE INCLUDES THE THREE PROPERTIES, TWO WITH GARDENS, CAR PARKING AREA/TURNING AREA AND THE FREEHOLD 

ALL THE PROPERTIES HAVE PVC DOUBLE GLAZING AND GAS RADIATOR CENTRAL HEATING, WITH MODERN BOILERS

 

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