1-bedroom flat · NN1 1TY
For saleReduced £5k (−3.5%) on 29 JulListed 213 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This first floor apartment within Derngate Lofts is ideally located in the heart of Northampton’s Cultural Quarter and is offered for sale with no onward chain.
Set within this popular development, the property provides excellent access to the town centre, train station and hospital, making it well suited to both owner occupiers and investors.
The accommodation comprises an entrance hall, a modern open plan kitchen, breakfast and living area, a double bedroom and a contemporary shower room.
Further benefits include secure parking and access to a communal garden area.
With approximately 120 years remaining on the lease, this apartment represents an excellent rental investment or first time purchase.
Ground rent and service charge: Paid twice a year at £924 Lease 125 years from 1st June 2019
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 Apartment 35 Derngate Lofts, 9 Derngate, Northampton
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