Summary - 2 OAKLEY STREET NORTHAMPTON NN1 3EP
2 bed 1 bath Terraced
Leasehold ground-floor flat with tenant, close to town and station—sold at auction.
Ground-floor two-bedroom flat, approx. 568 sq ft
A compact two-bedroom ground-floor flat in a Victorian terrace, offered with a sitting tenant — ideal for a buy-to-let investor seeking immediate rental income. The property is within walking distance of Northampton town centre and the train station, giving strong transport links and tenant demand.
The flat requires general updating and cosmetic renovation; the accommodation is small (approx. 568 sq ft) with an open-plan living/kitchen, two modest bedrooms and a courtyard shared garden. Key services are in place: mains gas central heating with a modern boiler, double glazing (installed post-2002) and an EPC rating of D.
Important sale terms: the property is leasehold (50% share of the freehold) and will be sold at auction via a secure online sale. Buyers should allow for auction costs — a non-refundable 5% purchase deposit on exchange and a reservation/administration fee of up to 6% inc. VAT (minimum £6,000) — and should review the legal pack before bidding.
Considerations for buyers: the area is classified as high-crime and deprived, which may affect rental yields and re-letting risk. There is no off-street parking and the flat is small, so returns will suit investors targeting city-centre, lower-entry purchases or those prepared to refurbish to increase value.
2 bedroom apartment for sale in Oakley Street, Northampton, Northamptonshire, NN1 3EP, NN1 — £110,000 • 2 bed • 1 bath • 568 ft²
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