Summary - Shankley Way, St James, Northampton NN5 NN5 7BB
2 bed 1 bath Apartment
Roomy first-floor flat ideal for affordable ownership near town.
50% shared ownership — lower entry cost
A larger-than-average two-bedroom apartment in St James, offered on a 50% shared ownership basis, gives first-time buyers an accessible route onto the property ladder. Set on the first floor, the apartment provides generous living space with an open-plan sitting/dining room and kitchen totalling exceptional proportions for a flat of this type, plus two double bedrooms and one bathroom. The home includes one allocated parking space, gas central heating, uPVC double glazing and secure intercom entry.
Practical running costs are clear: the remaining lease is 81 years (as of 2025) and will require early attention and likely renewal, service charge averages £99.67 pcm (£1,196.04 annually) and rent on the unsold share is £261.24 pcm. There is no onward chain, which can speed completion, but the property sits in an area with above-average crime and significant deprivation indicators — factors to consider for families and long-term planning.
This apartment is suited to first-time buyers seeking space and affordability near Northampton town centre and transport links, and to buyers prepared to manage lease renewal and communal service costs. The layout and square footage (approx. 828 sq ft) offer clear potential to personalise and improve the interior. Flood risk is medium locally; buyers should obtain specific insurance quotes and local guidance before committing.
Viewings will suit those looking for a roomy, well-located starter home with practical parking and low immediate maintenance needs. Be aware of the material considerations — lease length, service charge and local area challenges — before making an offer.
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