2-bedroom flat · NN5 5FD
Listing removedListed 91 days
Opportunity summary
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About
Detailed Description Lovely top floor apartment.
A wonderful opportunity to acquire this spacious top floor apartment situated on the popular ‘Life-building’ development, with all local amenities close by.
The flat benefits from gas central heating via a combination boiler, timber framed sealed unit double glazing and intercom entry.
Entrance hall provides access to the lounge/diner, both bedrooms and the bathroom, and also benefits from a useful airing cupboard and loft access.
The lounge/diner is a bright and spacious dual-aspect reception room enjoying an abundance of natural light, with a door opening onto the private walk-on balcony and an open-plan opening through to the kitchen.
The kitchen is fitted with a range of matching wall and base units with work surfaces over, incorporating a one-and-a-half bowl sink with mixer tap.
Integrated appliances include a fridge/freezer, washing machine, dishwasher, double oven, gas hob with extractor hood over and a microwave.
Both bedrooms are well-proportioned and benefit from built-in wardrobes and Juliet balconies, providing plenty of natural light.
The bathroom is fitted with a white suite comprising a panelled bath with shower over, low-level WC, wash hand basin with mixer tap, and a range of wall and base storage cupboards.
Outside, the property benefits from an allocated parking space together with additional visitor parking. The property is offered to the market with no onward chain. EPC Rating: C.
Council Tax Band: C Leasehold information We have been advised of the following: Service Charge - £1056 pa Review Date - January Ground Rent: Peppercorn Rent Length of Lease: 999 year lease from 2001 This information would need to be verified by your chosen legal representative.
Material information Type - ApartmentAge/Era - Ask AgentTenure - Leasehold (974 lease years remaining)Ground Rent - Ask AgentService Charge - Ask AgentCouncil Tax - Band cepc Rating - CElectricity Supply - MainsGas Supply - MainsWater Supply - MainsSewerage Supply - MainsBroadband Supply - Ask AgentMobile Coverage - Depends on providerHeating - Gas Central HeatingParking - AllocatedEV Charging - Ask AgentAccessibility - Ask AgentCoastal Erosion Risk - Ask AgentFlood Risks - Has not flooded in the last 5 years, No flood defencesMining Risks - Ask AgentRestrictions - Ask AgentObligations - No restrictions, No private right of way, No Public right of way, No easements/servitudes/wayleavesRights and Easements - Ask Agent
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About 15, First Lane, Northampton
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