James Anthony Estate Agents Ltd says ..

Property Oracle says ..

This one-bedroom, one-bathroom property located on St Michaels Road in Northampton town centre is currently listed for £70,000. The property appears to be a duplex apartment, although the exact square footage is not explicitly stated. The provided photographs show a reasonably maintained interior with a functional kitchen and bathroom, although the styling might be considered dated. While the exterior showcases a brick structure, the small rear garden is evident. The property’s location is advantageous due to its proximity to Northampton town centre, offering convenient access to shops, transportation (Northampton train station is approximately 2.23km away), and various schools, including Progress Schools – Northamptonshire (rated ‘Good’ by Ofsted) at a distance of 0.57km. However, nearby streets show a wide range of average house prices, suggesting some variation in property value within the immediate vicinity. The lack of a generous plot size is a notable disadvantage. Overall, the property presents a potentially viable investment opportunity, particularly for first-time buyers or investors, provided that they are comfortable with the need for some potential minor renovations or updates. Considering nearby property prices and its characteristics, the asking price seems competitive but needs further information for an accurate evaluation. The lack of detail regarding the property’s exact size and condition makes a more comprehensive assessment challenging. More information is required to fully understand the property’s precise value proposition. Investors should thoroughly research the local rental market to confirm the potential return on investment.

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

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