£36,250

This bright and modern one bedroom apartment is now available in Northampton through Shared Ownership.

The property on the second floor comprises a hallway with integrated storage space, an open-plan living room/kitchen, a study room and a bathroom. Perfect for singles or couples.

Outside, the property benefits from an allocated parking space to the rear secure parking area. There are also communal bins and bike stores.

Available for £36,250 for 25% share based on the marketing figure of £145,000.

Monthly rent - £186.42
Monthly Service Charge - £123.60
Total Monthly Charge - £310.02 plus mortgage required for 25% share.

On certain properties, service charges may be billed in different frequencies. For the purposes of illustration, our advertisement will state the equivalent monthly charge. Where charges are not billed monthly, purchasers will be informed before proceeding.

An annual rent increase takes place every April

The property is located within a mainly residential area surrounded and benefits from convenient access to the main road, local high street and everyday amenities.

Transport links are excellent, with the nearest bus stop located just a 1 minute walk from the property. Northampton Railway Station is approximately a 6 minute drive away providing West Midlands Railway services with direct links to major connections including London, Birmingham and Milton Keynes. Northampton town centre is easily accessible in approximately 11 minutes by car or around 20 minutes by bus, where residents can enjoy a major shopping centre, a wide range of shops, restaurants and leisure facilities.

Local supermarkets can be reached within a 6-10 minute walk, while a larger supermarket is accessible within a 5 minute drive along with a pharmacy and gym. For outdoor recreation, Upton Country Park is just a 10 minute walk away and offers ample green space for walking, exercise and leisure.

Energy rating band - B

Environmental impact band - B

Years remaining on lease: 108

In certain cases, the remaining length of the lease on a property can impact the availability of mortgages to prospective purchasers and the future saleability of the home. We recommend that you speak to your solicitor and your financial advisor to ensure that the lease length is suitable for your needs.

How we allocate Shared Ownership homes

We offer homes on a first-come, first-served basis, as long as you meet all the eligibility criteria. Sometimes, we give priority to people who live or work in the same area as the home. This is based on rules set by the local authority. All Shared Ownership providers must publish an allocations policy, which explains how they decide who gets a home.

If the home is managed by SO Resi and MTVH

You can read the Shared Ownership allocation policy on the MTVH website. SO Resi is the Shared Ownership brand of MTVH, a housing association.

If the home is managed by another provider

Visit their website to find their allocation policy. Contact us if you have any questions.