Compact rental-ready flat near town centre and university with long lease.
Ground-floor two-bedroom apartment, approx. 589 sq ft
A practical investment in a modern, purpose-built block close to Northampton town centre and the university campus. The ground-floor two-bedroom layout (approx. 589 sq ft) is compact but well organised with an open-plan living/dining/kitchen, gas radiator heating and UPVC double glazing — features that keep running costs and maintenance straightforward.
The property is currently tenanted, offering immediate rental income for a buy-to-let buyer. It comes with an allocated off-street parking space and a long lease of roughly 130 years, reducing long-term lease-extension pressure. Flood risk is very low and council tax is described as affordable.
Costs to factor in are the annual service charge (around £2,487 average) and a ground rent of £245. The local area shows higher crime levels and overall deprivation statistics; these will affect tenant demand and yield expectations compared with more affluent neighbourhoods. Broadband speeds are average and mobile signal is excellent.
This apartment suits an investor seeking a low-maintenance, income-producing asset near the town centre and university. It is a straightforward, modern unit with clear positives and predictable running costs, but buyers should account for area-related rental considerations and ongoing service charges.
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