Property Listing

FOR SALE

Covey Farm, Northampton, Northamptonshire, NN6 8BE

Freehold Investment Opportunity

8

Acres

Enquire about this property

Contact: David Smith

Tel: 01604 620616

Email: dsmith@drakeandpartners.co.uk

Specification

Location

The property is situated close to the A508, the main route from Northampton to Market Harborough. It is approximately 5 miles north of Northampton and 6 miles south of the A14 (A1/M1 link) at junction 2 thus providing good access to the national road network. Accessibility will be further enhanced via the soon to be operational north western relief road at Chapel Brampton providing a route around Northampton and to the M1. This will join with the proposed Northern Orbital route which will pass to the south of the site when constructed. The property enjoys a rural location between the villages of Chapel Brampton and Pitsford, a short distance to the south of Brixworth. However, this is a busy cross county route, making Covey Farm a highly visible and highly accessible site.

Terms

We are instructed to seek offers at £2,300,000 exclusive. The purchase price reflects a net initial yield of 7.25% following the deduction of purchaser’s costs and offers the potential of a substantial reversionary yield.
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