Summary - Flat 17, Grove Works, 40 Grove Road NN1 3LT
2 bed 2 bath Flat
Large industrial-conversion flat with parking near Northampton town centre.
- Spacious ground-floor flat, approximately 977 sq ft
- Two bedrooms and two bathrooms, open-plan industrial layout
- High ceilings, exposed brick and large windows provide character
- Secure gated communal parking with electric security gate
- Lease approx. 103 years; ground rent £150 per year
- Service charge £1,937.15 per year; Council Tax Band E
- Solid brick construction likely without cavity insulation
- Area shows higher crime and wider local deprivation
Set within a converted shoe factory, this ground-floor two-bedroom flat delivers generous proportions and authentic industrial character. High ceilings, exposed brick and large windows create light, airy living across an open-plan layout, while two bathrooms and secure gated parking add practical everyday comfort. At about 977 sq ft, the space suits a first home or buy-to-let with room to adapt.
Practical matters are straightforward: the lease has approximately 103 years remaining, with a modest ground rent of £150 per year and service charges of £1,937.15 annually. Heating is by mains gas boiler and radiators; double glazing was installed after 2002. Broadband and mobile signals are reported strong, and the property sits very close to Northampton town centre for amenities and transport.
Buyers should note material negatives honestly. The building dates from the early 20th century with solid brick walls likely lacking modern cavity insulation, so retrofit work may be needed for thermal efficiency. The local area records higher crime levels and general deprivation; this can affect resale and rental demand and should be considered. Council Tax sits at Band E, and communal upkeep is funded through the service charge.
For a first-time buyer wanting a distinctive, spacious home near the town centre, or an investor seeking a characterful flat with clear rental appeal, this property presents good potential. Factor in likely future costs for insulation or upgrades and the ongoing service charge when assessing overall value.
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