Compact city-centre buy-to-let with long lease and clear income potential.
Two bedrooms, two bathrooms including ensuite
A compact two-bedroom, two-bathroom third-floor apartment in the heart of Northampton, offered with a long lease (111 years). The open-plan living/kitchen layout and ensuite principal bedroom deliver straightforward rental appeal for city-centre tenants and commuters. At about 490 sq ft the flat suits a buy-to-let portfolio or investor seeking a low-maintenance, city-centre holding.
Practical running costs include electric room heaters and an unspecified electricity tariff, which may affect utility outgoings for tenants. Service charge and ground rent are notable: an average service charge of £2,424 pa and ground rent of £125 pa should be factored into yield calculations. There is no designated private parking; on-street parking only.
The building appears modern and well-presented externally, with communal entrances and balconies. The location offers immediate access to shops, transport links and amenities, supporting steady demand from renters. However the surrounding area is classified as very deprived with higher-than-average crime levels, which will influence tenant profile and achievable rents.
This apartment is marketed to investors: its compact footprint, central location and long lease make it straightforward to manage in a rental portfolio, but budget realistically for service charges, electric heating running costs and the local area profile when modelling returns.
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