2-bedroom flat · NN12 6DZ
Listing removedListed 134 days
Opportunity summary
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About
Offered for sale with no upward chain, this well-presented first floor apartment situated in Reffield Close benefits from being in a central location and having countryside views thanks to the two acres of communal gardens.
The property itself offers an entrance hall, dual aspect sitting/dining room complete with Juliet balcony, a kitchen, two bedrooms and a bathroom.
The apartment also comes with an allocated parking space. Guest parking is also available on a 'first come, first served' basis. Material Information: Tenure: Leasehold. - Council Tax Band: C.
- EPC Rating: C. Utilities: Mains electricity, water and drainage. Heating via a gas fired combination boiler. Parking: One allocated parking space with further visitor parking available.
Flood Risk: Very Low (based on the UK Government’s Long Term Flood Risk Checker). Rights/Restrictions: The lease carries a pet restriction.
Permission is required to keep any bird, animal or reptile at the property. Leasehold: Lease Term: 125 years with 104 years remaining. Service charge - £2600pa inclusive of buildings insurance.
Ground Rent - £100pa Prospective purchasers are advised to make their own enquiries to confirm all details.
EPC Rating: C The Accommodation Accessed from the communal hallway, the apartment opens into an entrance hall with a security entry phone system and access to the loft.
The sitting/dining room enjoys views over the open communal gardens and towards Towcester Racecourse, with a Juliet balcony to the rear aspect.
The kitchen is equipped with a sink, integrated dishwasher, washer/dryer and fridge/freezer, built-in oven, gas hob and an extractor hood.
There are two bedrooms, the main bedroom benefiting from a built-in double wardrobe, and a bathroom fitted with a three-piece suite comprising a bath with shower attachment, wash basin and W.C., together with an airing cupboard.
Communal Garden The property is located within beautifully maintained communal gardens with views over the neighbouring countryside.
Parking - Allocated parking There is one off road parking space allocated to this property. Guest parking is also available on a 'first come, first served' basis.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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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.
Area
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FAQ
About Reffield Close, Towcester, NN12
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