Affordable 50% share close to town and station, ideal for first-time buyers.
50% shared ownership; rent on remaining share £218 pcm
A well-presented two-bedroom duplex offered on a 50% shared ownership basis, located a short walk from Northampton town centre and the train station. The layout places an open-plan kitchen/living/dining room and cloakroom on the ground floor, with two double bedrooms and a family bathroom above. Secure gated allocated parking, intercom entry, gas radiator heating and uPVC double glazing are practical daily benefits.
This apartment is aimed at first-time buyers or buy-to-live purchasers seeking an affordable route onto the property ladder. The purchase price reflects a half share, with an ongoing rent on the remaining share (£218 pcm), a service charge of around £1,220 per year and a small ground rent (£100 pa). The lease has about 119 years remaining and the sale is offered with no onward chain.
Be realistic about the setting and local market: the property sits in an urban area with limited private outdoor space and communal parking rather than a garden. The wider neighbourhood scores as very deprived and reported local crime levels are high, which may concern some buyers. Internally the rooms are compact-to-average in size — comfortable but not generous — and the block is modern and low-maintenance rather than characterful.
For buyers prioritising proximity to transport links and low up-front purchase cost, this apartment provides a straightforward, low-maintenance home. Those seeking outdoor space, quieter neighbourhoods or a long-term buy-to-let stronghold should weigh the local deprivation and crime statistics alongside the financial benefits of shared ownership.