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See how verdicts work2-bedroom flat · NN5 6XP
Sold STCReduced £5.5k (−10%) on 2 OctListed 293 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Modern Ground Floor Apartment – 25% Shared Ownership (with possibility to buy up to 100% ownership - subject to conveyancing) This well-presented two-bedroom ground floor flat is offered on a 25% shared ownership basis, with the opportunity to staircase up to 100% ownership.
The property measures approximately 62 sq metres and has been recently repainted and renovated, making it an ideal first-time buy or downsize option.
The apartment benefits from a secure intercom entrance leading into a wide and welcoming hallway, finished with light brown wood-effect plank flooring that flows throughout the living areas.
The hall also offers excellent storage, including two separate built-in cupboards, one of which serves as a large walk-in utility/storage room, alongside a smaller pantry or shoe cabinet.
The open-plan kitchen and living area is bright and airy, enhanced by three large uPVC double-glazed windows, all fitted with privacy milky-shade window film.
The modern kitchen features a black electric induction hob, stainless steel extractor fan, large stainless steel sink with mixer tap, black wide worktops, integrated dishwasher, and plumbing and space for a washing machine.
Both bedrooms are generously sized and benefit from the same modern flooring and wooden six-panel internal doors, giving the property a cohesive and well-finished feel.
The bathroom is smartly finished with grey mosaic floor tiles and partially tiled walls in large light-grey rectangular tiles.
It includes a full-size bathtub with stainless steel mixer tap and overhead shower, low-level WC, ceramic sink, ventilation, and a clean, contemporary finish.
Additional benefits include uPVC double glazing throughout and a combi boiler, ensuring efficiency and comfort year-round.
Location Situated in a family-orientated area, the property is well placed for excellent primary and secondary schools, as well as a range of nurseries.
Sixfields Retail Centre is nearby, offering supermarkets, restaurants, a cinema, and a gym, while easy access to the M1 motorway makes this an ideal location for commuters.
Tenure: Leasehold Term : 125 years from and including 1 February 2012 Rent: £325.67 Service charge: £142.25 Council Tax: B EPC: B Northampton Train Station 2.3 miles Closest airport is Luton (41 miles) Easy access to A45 & M1 Commute - London Euston (62 mins by train) - Birmingham New Street (65 mins by train)
Value & comps
No previous sales on record.
Returns
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We're still gathering serviced-accommodation data for this area.
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
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FAQ
About 55, Prestbury Road, Northampton
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