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See how verdicts work2-bedroom flat · NN4 8EL
For saleListed 238 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Chelton Brown are proud to present to the market this two bedroom top floor flat located in the popular Southbridge development, within walking distance of Northampton Town Centre.
The accommodation was fitted with new carpets and painted throughout before tenancy commenced in August 2022.
(As per the pictures) The property briefly comprises; Entrance Hallway with storage cupboard, spacious open plan Living, Dining and Kitchen area with oven, hob, extractor and washing machine.
Both the First and Second Bedroom are sizeable doubles and the Bathroom benefits shower over bath and storage cupboard.
Further benefits include gas central heating and allocated parking for one vehicle. Details Of The Tenancy - The property is let on an Assured Shorthold Tenancy £870pcm on a periodic basis.
Investment sale Gross Yield of 7.2%. Lease term - 150 years From 1st January 2006 - 130 Years Remaining. Service Charge - £1820.00 per annum includes water for 2024/2025. Previous year £1670.00.
Ground Rent - £242.52 per annum This information should be verified by your legal representative prior to the exchange of contracts. Entrance Accessed via door with secure communal area.
Lounge/Kitchen/Diner (5.53m x 3.75m) Spacious open plan living, dining and kitchen area Kitchen Area Fitted with a range of floor and wall mounted cabinets with work surfaces over.
Stainless steel sink and drainer with mixer tap over. Space for white goods. Tiling to splashbacks. Inner Hall Doors to all rooms and airing cupboard.
Bedroom One (3.14m x 2.82m) UPVC double glazed window to front elevation. Bedroom Two (2.27m x 2.82m) UPVC double glazed window to front elevation.
Bathroom (1.76m x 2.47m) UPVC double glazed window to front elevation. Radiator.
Fitted with a three piece suite comprising a panelled bath with electric shower over, pedestal wash hand basin with mixer tap and WC. Tiling to splashbacks.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
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 43, Cotton Court, Northampton
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