Derngate Lofts, NN1
JO

Derngate Lofts, NN1

By Jon & Co

£ 160,000

Reviews

2 out of 5 stars

Jon & Co says ..

This ground floor apartment in Derngate Lofts is located in the cultural quarter in the centre of Northampton and is offered for sale with no chain. It is a recently converted duplex apartment that provides great access to the Town Centre, train station, and the hospital. The accommodation inc...

Property Oracle says ..

This one-bedroom, one-bathroom apartment located in the Derngate Lofts development in Northampton offers a modern and well-presented living space. The property’s location in the Castle area provides easy access to Northampton town centre, the train station, and the hospital, enhancing its convenience. The interior is finished to a good standard with a modern open-plan living area and a recently renovated kitchen and bathroom, as shown in the provided images. However, the apartment is notably small at approximately 245 square feet, and the property is described as having no plot size, which is a notable negative, and this may be a concern for some buyers. The £160,000 asking price appears competitive based on a limited comparison with other nearby properties, but further investigation into the specific features and square footage of similar properties in the area would be beneficial for a more informed assessment of value. The property’s lack of private outdoor space is a significant limitation, although a shared communal green space is apparent in the photos. Overall, the property presents itself as a well-maintained apartment in a convenient location suitable for a single person or couple. Prospective buyers should carefully consider the limited living space before making a purchase decision.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
8
Location
7
Land
1
Bedrooms
1
Bathrooms
1
Sqft (est)
244.99

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
273,747.00 £
Decreased by 7.23 %
from 295,097.00 £
Est sale value
89,666.34 £
Increased by 23.65 %
from 72,517.04 £
Average area rental value
1,032.00 £/mo
Decreased by 0.77 %
from 1,040.00 £/mo
Est letting value
244.99 £/mo
Unchanged by 0.00 %
from 244.99 £/mo
Est rental Yield
4.52 %
Increased by 6.86 %
from 4.23 %
Crime Rate
10.00 %
Unchanged by 0.00 %
from 10.00 %

Agent Activity

  • Jon & Co created the listing.

Nearby Schools

NameTypeOfstedDistance
Progress Schools - NorthamptonshireOther Independent Special SchoolGood0.36 KM
The Ce AcademyAcademy Alternative Provision ConverterSerious Weaknesses1.00 KM
Castle AcademyAcademy Sponsor LedGood1.02 KM
Northampton International AcademyFree SchoolsGood1.14 KM
Spring Lane Primary SchoolAcademy Sponsor LedGood1.22 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Saint Giles Street £ 000.00 KM
Swan Street £ 160,00000.00 KM
Bedford Road £ 000.00 KM
York Road £ 000.00 KM
Kingswell Street £ 152,50000.00 KM

Nearby Transport

NameNLCTLCDistance
Northampton1069NMP1.54 KM

Nearby Listings

AddressPriceTypeScoreDistance
Derngate Lofts, Northampton, NN1 £ 179,950BUY6 / 100.00 KM
Derngate Lofts NN1 £ 149,000BUY6 / 100.01 KM
Derngate, Northampton £ 200,000BUY6 / 100.01 KM
Derngate, Northampton, NN1 £ 165,000BUY5 / 100.01 KM
Derngate, Northampton, Countess, NN1 £ 170,000BUY7 / 100.01 KM

Nearby Properties

AddressPriceDistance
7 Castilian Street £ 113,5000.05 KM
5 Castilian Street £ 285,0000.05 KM
22 Albion Place £ 392,5000.14 KM
10 Albion Place £ 460,0000.14 KM
6 Albion Place £ 507,0000.14 KM