Commercial property for sale in St. Matthews Parade, Abington, Northampton NN2, £1,200,000

1,200,000.00

Offer Nr.:
61328716
Type of ad:
for Sale
Property type:
Commercial property
Contact name:
Robert Irving Burns
Phone(s):
020 8128 0467

* Freehold
**Key Points**
* Two Neighbouring HMO Investments for sale
* Both properties benefit from a garden and garage towards the rear
* Potential for further redevelopment STPP
* 51 St Matthews Parade comprises a 7 bedroom HMO for 7 occupants. HMO reference - wk/
* 53 St Matthews Parade comprises a 7 bedroom HMO for 7 occupants. HMO reference - wk/
* Total income of £73, 320 pa
* The properties are not elected for VAT
**Description**
The subject properties are two neighbouring Victorian terrace buildings, under
separate Freehold titles.
Both properties benefit from a garden and garage towards the rear of the
property. There is potential for further development subject to the necessary
planning consents).
**Location**
Northampton is one of England’s fastest growing towns and is the strategic
location for many national organisations as their central hub for business.
Northampton has excellent rail and road communications, with hourly train
services to London and road links to the M1 at Junctions 15, 15a & 16 and
additionally to the A14 in the North. Northampton currently has an Enterprise
Zone status which aims to support both new and expanding businesses by
offering incentives.
The properties are located on St. Matthews Parade, approximately 1 mile East
of Northampton Town Centre and 3 miles East of junctions 15 of the M1
motorway. The Kettering Road (A508) is the major arterial road linking
Northampton and Kettering.
Local amenities include Tesco Express, Pizza Hut, Racecourse Playground
(Public upon space on 118 acres), as well as many other local retailers.

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