Being Sold via Secure Sale online bidding. Terms & Conditions apply. Starting Bid £75,000
Charles Orlebar presents - A one-bedroom first-floor flat located in the popular market town of Higham Ferrers. With lounge, separate kitchen, double bedroom and bathroom this represents an ideal investment property with a great return. Presented to the sales market with an occupying tenant meaning an immediate return. The existing rent paid is £695pcm, increasing to £750.60pcm in January 2026. Therefore providing a gross yield of approximately 9-10% subject to successful bid price.
This property will be legally prepared enabling any interested buyer to secure the property immediately once their bid/offer has been accepted. Ultimately a transparent process which provides speed, security and certainty for all parties.
Lounge - 4.69m (15'5") x 2.91m (9'6") - PVCu double glazed window to rear.
Kitchen - 3.33m (10'11") x 2.25m (7'5") - Fitted with a matching range of base units with worktop space over, sink unit with single drainer, space for fridge/freezer, washing machine and cooker, PVCu double glazed window to side.
Bedroom - 3.42m (11'3") x 2.91m (9'6") - PVCu double glazed window to rear.
Bathroom - 2.17m (7'1") x 1.71m (5'7") - Fitted with three piece suite comprising panelled bath, wash hand basin and low-level WC, tiled splashbacks, vinyl floor covering.
Based on a 30 year mortgage, with a 10% deposit and a 4.50% interest rate. These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
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