Auction House London

Lot 45

Block of Apartments - Flats / Apartments 

2A Castilian Street

Northampton, Northamptonshire, NN1 1JX


Guide Price (plus fees)

A Freehold Semi Detached Building Arranged as 20 Studio Flats Fully Let Producing a Net Income of £120,000 Per Annum (8% Net Yield on the Guide Price)


The property comprises a semi detached building arranged as 20 studio flats over lower ground, ground and two upper floors.


The property is situated in Northampton town centre close to local shops, amenities and the Northampton University. Transport links are provided by Northampton rail station (0.8 miles).


Lower Ground Floor
2 x Studio Flats

Ground Floor
6 x Studio Flats

First Floor
6 x Studio Flats

Second Floor
6 x Studio Flats


All 20 flats are let for a term of 2 years at a rent of £500 per month per room. The tenants pay all bills.

Current Rent Reserved

Current Rent Reserved £120,000 (Net).


At the request by the buyer the sale can be by way of a company sale within an SPV - please refer to the legal pack for more details.


Sold Prior


Additional Fees

Administration charge: £1,200 including VAT unless otherwise stated in the addendum.

Buyers Premium and Disbursements: Please see the legal pack and the addendum for any disbursements and buyers premium that may be payable by the purchaser on completion.

View Details as PDFEnquire NowFinance AvailableRegister to Bid
Viewings by Appointment Only For all enquiries, please contact Jordan Phillips at
For further information, please register for the legal pack. To speak to a member of our team about this lot, please call us on 020 7625 9007 or email us at

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