75-77 Overstone Rd
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75-77 Overstone Rd
2,120 SF Retail Building Northampton NN1 3JW $825,869 ($390/SF)
Investment Highlights
- Significant redevelopment in the vicinity
- Located on the fringe of Northampton Town Centre
- Scope for reconfiguration
Executive Summary
The subject property comprises a former Victorian factory/warehouse, with 5 residential units above (consisting of a mixture of bedsits, flats and studios). 75 Overstone Road is three storeys with basement accommodation and 77 Overstone Road is two storeys with basement accommodation.
They are both of traditional brick construction underneath a pitched tiled roof, with flat roofs in sections (currently used as 'roof terraces'). The ground floor was most recently used as a kitchen showroom/workshop.
The residential units have been refurbished to a high standard. The units benefit from double-glazed windows and heating is provided via electric radiators.
Planning permission has recently been granted for the conversion of the ground floor workshop to 2 x 1 bedroom self-contained apartments with courtyard gardens with alterations required. Planning ref: 2024/0589/FULL.
They are both of traditional brick construction underneath a pitched tiled roof, with flat roofs in sections (currently used as 'roof terraces'). The ground floor was most recently used as a kitchen showroom/workshop.
The residential units have been refurbished to a high standard. The units benefit from double-glazed windows and heating is provided via electric radiators.
Planning permission has recently been granted for the conversion of the ground floor workshop to 2 x 1 bedroom self-contained apartments with courtyard gardens with alterations required. Planning ref: 2024/0589/FULL.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
2,120 SF
Building Class
B
Year Built
1975
Price
$825,869
Price Per SF
$390
Tenancy
Single
Building Height
3 Stories
Building FAR
2.43
Land Acres
0.02 AC
Frontage
16 FT on Overstone Road
Amenities
- Storage Space
1 of 1
Nearby Major Retailers
-
Elliott Halliwell -
Hadland Chartered Surveyors
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75-77 Overstone Rd
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