Summary - Apartment 16 Theatre Court, 17, Derngate, NORTHAMPTON NN1 1TY
1 bed 1 bath Apartment
**Standout Features:**
- Spacious 1-bedroom penthouse apartment in Northampton town center
- Approx. 750 sq ft with open-plan living space
- South-facing balcony with street views
- Currently leased, generating £930 monthly (8.5% yield)
- Access to lift and secure entry system
- Close to shops, theaters, and public transport
**Potential Concerns:**
- Mid terrace in a high crime area
- Non-standard construction; may affect mortgage options
- Service charge of £1,000 annually
- Regional deprivation noticed
Discover urban living at its best with this spacious one-bedroom penthouse apartment, ideally located in the vibrant heart of Northampton (NN1 1TY). With an internal area of approximately 750 square feet, this modern property boasts a comfortable open-plan kitchen/lounge, complete with high-quality appliances, and a south-facing balcony that provides lovely views and fills the space with light.
Currently rented out, this apartment provides a lucrative investment opportunity generating 8.5% yield, making it an attractive choice for investors. Residents will appreciate the ease of access through a lift and the proximity to local amenities, including shops, restaurants, and cultural attractions like the Royal Theatre. However, it is essential to note that potential buyers should be mindful of the high crime rate in the area and that non-standard construction may limit mortgage options. This charming penthouse awaits your personal touch — it’s a fantastic chance for first-time buyers looking to delve into the urban lifestyle or investors seeking a profitable addition to their portfolio. Don’t miss out on viewing!
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