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See how verdicts work1-bedroom house · NN10 0FR
For saleReduced £10k (−9.1%) on 25 OctListed 216 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An appealing, spacious, second floor, one bedroom apartment, situated within this McCarthy Stone assisted living complex, that offers superb communal facilities.
This particular apartment offers south/south westerly views at second floor level and is one of the significantly larger 1 bedroom apartments within the complex.
It is offered for sale with no onward chain and benefits from recent re-carpeting to some areas. The development is suitable for the age range of 60 years and over only.
Early viewing advised to appreciate the space on offer here. Townsend Court - Townsend Court is an Assisted Living development of 69 one and two bedroom apartments.
Situated on High Street South less than one mile from the Town Centre and overlooks Hall Park grounds at the rear of the development.
Rushden benefits from a position close to the regions major road network and is within easy reach of the M1 and M6 motorways, giving access to larger towns such as Wellingborough and Northampton.
Residents of Townsend Court will be able to take advantage of an excellent bus service, which provides regular routes to local towns and villages, with a bus stop located only 100 yards away.
Mccarthy Stone Introduction - "McCarthy Stone specialises in the construction of purpose built properties for the over 60's.
This means that the features designed into our developments could be of particular interest to you.
The process begins from the moment we plan the location of a new scheme, right through to the detail touches that provide practicality and ease of maintenance with the older homebuyer in mind." Safe & Secure With Mccarthy Stone - A TV camera at the main entrance allows you to view visitors on your TV before deciding whether to let them in.
You can even talk to them on the intercom and unlock the door without having to leave your apartment.
All McCarthy Stone developments also include an intruder and smoke alarm system in both individual apartments and the communal areas - all connected to Careline - you will never have felt safer or more secure.
Key Features - Waitress Service Restaurant Function Room Residents’ Lounge Conservatory Library Guest Suite Battery Car Store Laundry Room Lift Camera Entry System Staff On Site 24-hours Domestic Assistance Personal Care by Arrangement Bath and Separate Level Access Shower Area Leasehold Information - This property is Leasehold.
We are advised by our Vendor client that the property was constructed in 2010 offered on a 125 year Lease at that time and therefore there are approximately 109 years remaining on the Lease.
Ground Rent - We are advised that the ground rent is £748.01 Per Annum Service & Maintenance Charges - We are advised that the service charge is £7,583.36 per annum.
Service & Maintenance Charges are payable by all residents at Townsend Court to "Your Life" Care & Management.
It covers the costs of items such as staff costs, emergency call system, external maintenance and redecoration of communal areas within the building, gardening, building insurance and water usage.
Also, there is a weekly, 1 hour cleaning service or help with laundry facilities included within this service and maintenance charge.
All of this information regarding the lease, ground rent, service & maintenance charges etc will naturally need to be clarified by any potential Purchaser's Solicitors / Conveyancers before committing to legal exchange of contracts.
One may also feel free to contact the managers office at Townsend Court on they will be happy to answer any questions regarding the development etc.
They can also be contacted via email on townsendcourt.
Contingency Fee - The leases and deeds of conditions of the apartments require the homeowners (sellers) to pay a service charge contingency fund contribution of 1% of the sale price or, where it is not a sale, the open market value, on certain transactions.
These contributions supplement the service charge contingency fund which in turn has the benefit of reducing the annual service charge contingency fund contribution.
Location - Townsend Court is situated on High Street South, close to the turning opposite into Crabb Street. Viewings should be made strictly via ourselves the Selling Agents on .
Council Tax Band - C Energy Rating - Energy Efficiency Rating - B83 Certificate number - 2091-2016-7090-2106-7025 Accommodation - Communal Reception Hall & Corridors - Providing access to all levels of the building.
Door to number 70 General - Apartment 70 can be found on the second floor and has double glazing and energy efficient electric slimline heaters, light fittings and fitted carpets.
To the hall there is a mains connected smoke detector, illuminated light switches for the bathrooms and bedrooms and a good size cupboard. Hall - Storage cupboard. Loft access.
Lounge / Dining Room - 4.56 x 4.34 plus 4.42 x 2.02 (14'11" x 14'2" plus - Minimum measurement, plus recess. Kitchen - 1.74 x 2.32 (5'8" x 7'7") - Minimum measurement, plus angled wall area.
Fitted fridge, freezer, electric oven, hob & extractor fan. Electric operated window opener with wall switch. Bedroom - 3.39 x 4.30 (11'1" x 14'1") - Minimum measurement, including built in wardrobe.
Plus angled wall area, plus door recess. Bath / Shower Room / Wc - 2.74 x 2.88 (8'11" x 9'5") - Maximum measurement.
Outside - Communal Parking - Some 23 spaces are provided, on a first come, first served basis.
Communal Gardens - Superb communal gardens to the rear and side of the development, overlooking Hall Park Grounds. Very pleasant sitting out areas.
Agents Note - If you make arrangements to view and/or offer on this property, Mike Neville Estate Agents will request certain personal and contact information from you in order to provide our most efficient and professional service to both you and our vendor client.
To view our Privacy Policy, please visit Disclaimer Mike Neville Estate Agents for themselves and the Vendors/Lessors of this property, give notice that (a) these particulars are produced in good faith as a general guide only and do not constitute or form part of a contract (b) no person in the employment of Mike Neville has authority to give or make any representation or warranty whatsoever in relation to the property.
Any appliances mentioned have not been tested by ourselves. Floorplans Floor plans are for identification purposes only and not to scale. All measurements are approximate.
Wall thickness, door and window sizes are approximate. Prospective purchasers are strongly advised to check all measurements prior to purchase.
Money Laundering Regulations 2017 We are required to obtain proof of identity and proof of address, as well as evidence of funds and source of deposit, on or before the date that a proposed purchaser’s offer is accepted by the vendor (seller).
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
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FAQ
About Townsend Court, High Street South, Rushden, NN10 0FR
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