Summary - 2 ST PETERS WAY IRTHLINGBOROUGH WELLINGBOROUGH NN9 5SD
1 bed 1 bath Ground Flat
Chain-free, low-entry one-bedroom flat — cash buyers or investors only due to short lease..
Chain-free ground-floor one-bedroom apartment, ready to occupy or let
Approx 388 sq ft — compact, efficient layout for single occupant or couple
Recently redecorated; modern kitchen with integrated appliances
Allocated off-road parking for one car; communal gardens nearby
Electric storage heaters; higher running costs than gas heating
Lease only c.65 years — many lenders likely to refuse mortgages
Service charge c.£1,068pa and ground rent £200pa — factor ongoing costs
Area has above-average crime and local deprivation — impacts demand
This compact ground-floor one-bedroom apartment at St Peters Way offers a low-entry investment or cash-buyer opportunity in Irthlingborough. The flat is freshly redecorated with modern kitchen appliances, uPVC double glazing and allocated off-street parking — ready for immediate occupation or letting with minimal cosmetic work.
The layout is efficient: lounge with box bay window, fitted kitchen, one bedroom and shower room across approximately 388 sq ft. Recent redecoration and laminate flooring give a neutral, low-maintenance finish; electric storage heaters and double glazing keep running costs simple, though heating will be more expensive than gas alternatives.
Important constraints: the lease has only around 65 years remaining. This is a material issue — many mortgage lenders may refuse to lend until the lease is extended. There is an annual service charge of about £1,068 plus £200 ground rent. Prospective buyers should factor in lease extension costs and lender requirements before committing.
Location strengths include close proximity to local shops, amenities and transport links in the town fringe; broadband and mobile signal are good. The area shows higher-than-average crime and some local deprivation indicators, which will affect tenant demand and pricing. Chain-free sale simplifies transaction timing for buyers able to proceed without a standard mortgage.
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