Summary - BLOOMSBURY HOUSE, 27 APARTMENT 16 GUILDHALL ROAD NORTHAMPTON NN1 1AG
2 bed 1 bath Apartment
Affordable 40% shared-ownership two-bed in iconic Art Deco block, close to theatres..
Two double bedrooms in a ground-floor open-plan apartment
Located in Northampton Cultural Quarter near theatre and amenities
40% shared ownership; affordable capital outlay at £53,000
Lease remaining c.81 years — lease extension needed urgently
Service charge approx £3,540 per year; notable ongoing costs
Rent on remaining share approx £527 pcm plus £295 pcm service/ground
No private outdoor space; urban, town-centre setting
High local crime and area deprivation — consider safety and resale
Set in an iconic Art Deco block in Northampton’s Cultural Quarter, this ground-floor two-double-bedroom apartment offers an affordable route onto the property ladder via 40% shared ownership. The open-plan living, dining and fitted kitchen creates a bright, flexible core for everyday living, while the fitted kitchen appliances and gas radiator heating provide practical ready-to-use features.
This flat suits a first-time buyer seeking central, compact city living close to theatres, cafes and transport links. The building’s characterful sandstone façade and generous windows give an urban apartment a distinctive look, and secondary glazing helps with noise and insulation.
Buyers should note the material considerations: just 81 years remain on the lease, so a prompt lease extension will be necessary to protect long-term value and mortgageability. Ongoing costs include a service charge around £3,540 per year, ground rent included in the £295 pcm figure, and a rent on the unsold 60% share of approximately £527 pcm. The area records higher-than-average crime and local deprivation indices, which may affect prospects and personal safety considerations.
This property offers good potential for those prioritising location and an affordable entry point into ownership, but it requires buyers to accept city-centre trade-offs and to plan for lease and cost management. Viewing is recommended to judge interior space and to weigh refurbishment or lease-extension costs against the strong central location.
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