1-bedroom flat · NN2 7RS
Sold STCListed 70 daysAuction 23 Sep · ended
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
For sale by auction on Wednesday, 23 Sep 2026 at 11:00 Venue: Livestream A well-presented one-bedroom ground floor flat situated within a quiet cul-de-sac location in the popular area of Kingsthorpe, offered with vacant possession and no onward chain.
An ideal opportunity for first-time buyers, downsizers or investors seeking a well-located property with value-add potential.
Estimated rental income is £9,600 per annum representing 12.8% gross yield at the guide price.
Extending to approximately 450 sq ft of internal accommodation, the property features an open-plan living/kitchen area, hallway, double bedroom and bathroom.
The property also has communal parking at the front. The flat has undergone light refurbishment in recent years, with scope for further cosmetic internal improvement & redecoration.
Conveniently positioned just off Harborough Road, the property benefits from easy access to a range of local shops, cafés and amenities, whilst backing onto Green Oaks Primary School.
Accommodation entrance hall Entered via a private door at the side of the building kitchen & living area Kitchen comprising of range of wall and base mounted units, roll top surface over, one & half sink and drainer, electric oven with electric hob and extractor over, washing machine partially tiled splashback.
Windows to rear & side elevations with blinds, carpet flooring & electric radiators bathroom Bathtub with electric shower over, WC, wash basin & window to front elevation hallway Open hallway space for additional storage bedroom UPVC window at front elevation, carpet flooring & electric radiator service charge & ground rent Service charge & ground rent is £89 per month (£1,068 per year) lease information 99 Years Lease from 2003 - 76 Years Remaining EPC Rating: 42 Viewings 03 Jun 2026 12:00-12:30 10 Jun 2026 12:00-12:30 17 Jun 2026 12:00-12:30 24 Jun 2026 12:00-12:30 Additional Fees Buyers Premium: The purchaser will be required to pay a buyers premium charge of £2,400 (£2,000+VAT) Administration Charge - The purchaser will be required to pay an administration charge of £1,140 (£950+VAT) Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Price Information * Guides are provided as an indication of each seller's minimum expectation.
They are not necessarily figures which a property will sell for and may change at any time prior to the auction.
Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
Additional Fees Information Please be aware there may be additional fees payable on top of the final sale price.
This includes and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion.
Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.
Value & comps
No previous sales on record.
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Returns
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Archie refurb estimate: a Pro feature
0.0% below starting price
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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
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FAQ
About Flat 6, Grosvenor House, Northampton
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