Compact, modern 2-bed apartment in high-demand NN1 location — investor only.
Long lease remaining (990 years)
This well-presented two-bedroom apartment in central Northampton offers a compact, efficient layout aimed squarely at buy-to-let investors. The open-plan kitchen/living area and modern bathroom present a turnkey rental proposition attractive to professionals and students, supporting steady demand in this NN1 location.
Practical positives include a long lease (990 years), an EPC Band B (83) indicating good energy performance, and strong local rental demand thanks to proximity to the university, hospital and mainline station. The development is described as secure and well-maintained, which helps reduce management headaches and vacancy risk.
Material considerations are clear and should inform investor underwriting: the property is leasehold, with an average service charge of around £1,754 pa and ground rent of £300 pa. The surrounding area scores as deprived with a reported high crime level, which can affect rent levels, tenant mix and insurance premiums. There is no private garden and internal footage is compact, so rents should be benchmarked against nearby city-centre two-bedroom flats.
Overall this apartment suits investors looking for a low-fuss, city-centre rental with solid tenant demand and good energy efficiency. Buyers should factor in the service charges, local area profile and the lack of external private space when modelling yields and exit strategy.