Summary - Flat 3, 40-42 Derngate NN1 1UH
2 bed 1 bath Apartment
Compact two-bedroom starter or rental in the heart of Northampton.
Private ground-floor entrance
Set in Northampton’s Cultural Quarter, this ground-floor two-bedroom apartment occupies a converted Victorian townhouse and offers compact, move-in-ready accommodation with period character. The flat has its own private entrance, an open-plan sitting room/kitchen with integrated appliances, a modern bathroom and a Juliet balcony that brings extra light into the living space. Its central location places theatres, museums, shops and transport links within easy walking distance, supporting strong rental demand and good convenience for first-time owners.
The property is offered as a leasehold (125-year lease commenced 2016; approximately 116 years remaining) with a modest annual service charge (£840) and small ground rent (£250). It currently achieves a passing rent of £925 pcm, making it straightforward to run as a buy-to-let or starter home. The apartment is compact (c.612 sq ft) and benefits from contemporary fixtures, but buyers should note the main heating is by electric room heaters rather than gas central heating.
Important considerations: the location is in a city-centre, relatively deprived area with a recorded higher-than-average crime level, so buyers should assess personal and investment suitability carefully. There is no private garden and external amenity is limited to a Juliet balcony. Overall, this is a practical, characterful option for someone seeking a centrally located first home or an income-producing flat with long lease security and low upkeep commitments.
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