£61,250
2 bed flat for saleThe Square, Northampton, Northamptonshire NN5
2 beds
1 bath
Added on
About this property
Two-bedroom apartment
Allocated parking
Close to A45 and M1
Local amenities
Available for 35% share
5% minimum deposit only
Bright and well-presented two bedroom apartment now available in Northampton through Shared Ownership.
The property on the first floor comprises an entrance hall, an open-plan living room/kitchen and dining area, two bedrooms and one bathroom. Perfect for singles, couples or small families.
Outside, the property also benefits from an allocated parking space and communal bike stores.
Available for £61,250 for 35% share based on the marketing figure of £175,000.
Monthly rent - £163.32
Monthly Service Charge - £212.99
Total Monthly Charge - £376.31 plus mortgage required for 35% 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
Location
The property is set within a modern residential area with convenient access to local amenities and A45 and M1 roads.
The closest bus stops can be reached within a 1-8 minute walk. Northampton town centre provides excellent direct rail links to major destinations including London Euston, Birmingham, and Liverpool via Avanti West Coast and West Midlands Railway services.
The town centre also offers a vibrant mix of shops, cafés, cultural attractions, and beautiful green spaces, making it a highly desirable place to live.
A retail park and large supermarkets are within a 5 minute drive from the property, while smaller supermarkets are only an 8 minute walk away.
In addition, there are several schools within an 8 minute drive, perfect for families with young children.
EPC rating
Energy rating band - C
Environmental impact band - C
Other information
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.
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.
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More information
Tenure
Leasehold (107 years)
Service charge
Council tax band
Ground rent
Ground rent date of next review
Shared ownership percentage owned
35%
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