£51,875

This bright and modern two bedroom apartment is now available in Upton, Northampton through Shared Ownership.

The property on the ground floor comprises an entrance hall with storage space, an open-plan kitchen and living room area, two bedrooms and a bathroom.

Outside, the property also benefits from a communal enclosed rear yard with a cycle storage facility and an allocated parking space.

Available for £51,875 for 25% share based on the marketing figure of £207,500.

Monthly rent - £437.88
Monthly Service Charge - £121.85
Total Monthly Charge - £559.73 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 approximately 3 miles west of Northampton town centre.

The location offers excellent transport links, with Junction 16 of the M1 motorway around 3 miles away and local bus stops just a 2 minute walk from the property. Northampton town centre and railway station can both be reached in approximately 8 minutes by car.

Everyday amenities are conveniently close by, with local shops nearby and a wider range of supermarkets, restaurants, leisure facilities, and entertainment options available at Sixfields, just 0.5 miles away (around a 4-minute drive).

In addition, there are several schools within a 10 minute drive, making this an ideal location for families with young children.

Energy rating band - B

Environmental impact band - B

Years remaining on lease: 985

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.