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2 bed flat for sale

£169,995

Duke Street, Northampton NN1

2 bed flat for sale 2 1 1
Interested in this property? Call +44 1604 726333 * or Request Details

* Calls to this number will be recorded for quality, compliance and training purposes.

Property features

  • Great Investment Opportunity
  • Factory Conversion
  • Town Centre Location
  • Private Gated Carpark
  • Two Double Bedrooms
  • Large Open Plan Living Space
  • Balcony
  • Leasehold - 101 Years Left
  • EPC - C
  • Council Tax - D

Property description

Chelton Brown introduce a impressive two-bedroom factory conversion apartment nestled in the heart of Northampton, within the esteemed block of The Church's Factory. Positioned near the bustling Town Centre, this residence stands as a remarkable investment opportunity.

Situated on the first floor of the exclusive block, access is granted through a secure key fob entry system or a private gated car park that ensures both convenience and security.

The apartment boasts two spacious double bedrooms, each adorned with expansive factory windows, allowing natural light to flood the rooms. The modern family bathroom features a sleek design, offering a shower over bath, toilet, and hand basin, catering to both style and functionality.

The focal point of this residence is undoubtedly the extensive living space, spanning over 8.7 meters in length. The kitchen and dining area, located at the far end, include granite worktops and integrated appliances. The living section of this vast space is accentuated by the same factory-style windows found in the bedrooms, enhanced further by French doors that open onto a charming balcony.

Investment opportunity Gross Yield Potentail 7%.

Lease term - 125 years From 1st April 2001 - 101 Years Remaining.

Service Charge - £1800 approx p.a. Payable 6 monthly on 1st April & 1st October

Ground rent £100 p.a.

This information should be verified by your legal representative prior to the exchange of contracts.

Entrance Hall (4.38m x 1.18m)

Living Space (8.8m x 4.55m)

Bedroom 1 (3.37m x 3.31m)

Bedroom 2 (2.43m x 2.38m)

Bathroom (3.31m x 1.81m)

Property info

Floorplan(s): Floorplan

Floorplan View original

Property value data/graphs for NN1

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £605,820 £234 3.8 £429,531
Semi-detached £384,887 £223 3.4 £335,730
Terraced £306,563 £190 2.9 £247,701
Flats £172,223 £207 1.7 £133,131

Current asking prices in NN1

Average: £205,730
Avg. current asking prices in NN1
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £75,000
(1)
£214,666
(24)
£280,652
(23)
£306,550
(9)
£411,666
(6)
Flats £116,083
(41)
£160,888
(50)
£195,000
(2)
£270,000
(1)
-
All £115,104
(42)
£178,330
(74)
£273,800
(25)
£302,895
(10)
£411,666
(6)

Current asking rents in NN1

Average: £1,124 pcm
Avg. current asking prices in NN1
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £604 pcm
(10)
£1,424 pcm
(8)
£1,685 pcm
(9)
£2,769 pcm
(3)
£1,439 pcm
(4)
Flats £764 pcm
(28)
£1,103 pcm
(19)
£1,350 pcm
(2)
- -
All £722 pcm
(38)
£1,198 pcm
(27)
£1,624 pcm
(11)
£2,769 pcm
(3)
£1,439 pcm
(4)

Fun facts for NN1

Highest value in NN1
Highest value streets Zed-Index
Tanfield Lane £567,130
Billing Road £492,285
Cranmere Avenue £451,301
Rushmere Avenue £449,234
Rushmere Road £439,547
Highest turnover in NN1
Highest turnover streets Turnover
Tanner Street 60.0%
Chipsey Avenue 40.0%
Cheriton Way 38.9%
Roseholme Road 31.2%
Albany Road 30.0%
Arrange Viewing

For more information about this property, please contact
Chelton Brown, NN1 on +44 1604 726333 * (local rate)

Monthly running costs Beta

£858 Monthly total

Mortgage

Purchase price
Deposit (10%) 16,999
Repayment term 25
Interest rate 2.0
Your payment £648 /mo How Much Could I Borrow

These results are not provided by NatWest and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

Your home or property may be repossessed if you do not keep up repayments on your mortgage.

Home Insurance

Contents value up to £75,000 Average insurance cost £12/mo (£148/yr)
Compare insurance deals now In partnership with uSwitch
Home insurance costs explained

Home Insurance is based on the average price of a building and contents quote for a property in this area in the last 48 months.

Source: Autonet Insurance Ltd

Energy

Gas £20 Electricity £33 Estimated energy cost £53/mo

Similar properties could save up to £148

How Much Could I Save? In partnership with uSwitch
Energy costs explained

The estimated energy cost for this property has been calculated using actual energy usage data for a property of this type, number of bedrooms and region.

Estimated consumption

Gas: 7700 kWh/year
Electricity: 2300 kWh/year

Source: National Energy Efficiency Data Framework

Council Tax

Local authority

Northampton

Estimated tax band A Council tax cost £107 /mo
when paid over 10 months
Council tax costs explained

The Council Tax cost displayed is based on the council tax band and on the basis of 2 adults living at the property. The monthly cost shown excludes any discounts and is rounded to the nearest pound.

Full information on Council Tax discount entitlements can be found on the Gov.UK’s website.

Water

Supply £16 Sewerage £22 Estimated water cost £38 /mo
Water costs explained

Water consumption is based on average water usage for the predicted occupancy of the property based on the number of bedrooms.

Total annual consumption (in cubic meters) is then averaged into a monthly cost.

Note: If you have 2 separate suppliers for water and sewage, you may receive 2 separate bills.

Contact Chelton Brown about this property

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Chelton Brown, and do not constitute property particulars. Please contact Chelton Brown for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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