Clare Street, Northampton, NN1 3BU
- PROPERTY TYPE
Block of Apartments
- BEDROOMS
16
- BATHROOMS
14
- SIZE
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- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Key features
- Fourteen High-Specification Apartments
- Two Spacious Two-Bedroom Units
- Twelve Stylish One-Bedroom Units
- Newly Converted Historic Factory
- Practical Completion: November 2025
- Full Freehold Sale
- Anticipated Gross Income: £184,000 pa
- Attractive Circa 8% Gross Yield
Description
The accommodation comprises twelve one-bedroom apartments and two larger two-bedroom apartments, all arranged across a handsome brick façade that retains the character of the original building. Each home benefits from generous ceiling heights, large feature windows and an abundance of natural light.
Interiors have been specified to an exceptional standard. German-made kitchens are fitted with integrated appliances including oven, hob, extractor, fridge/freezer, dishwasher and washing machine. Bathrooms feature luxury fittings and heated floors. Energy efficiency has been prioritised with an EPC rating of C, solar panels, and app-controlled boilers to manage heating and hot water. Residents will also benefit from a secure intercom entry system, cycle storage and parking available by separate arrangement.
The property will be delivered with practical completion scheduled for November 2025, offering investors a brand-new, income-generating asset from day one.
Tenure
Freehold. The sale comprises the entire freehold interest in the building and land.
Investment & Yield
Expected Gross Income: £184,000 per annum
Guide Price: £2,400,000
The purchase price reflects a gross yield of approximately 8%, before purchaser's costs.
Clare Street lies in the heart of Northampton's historic Boot & Shoe Quarter, a vibrant district that has retained the architectural character of its industrial past while becoming a sought-after residential address. The town centre is a short walk away, providing a broad mix of restaurants, cafés, bars, theatres and retail facilities.
Northampton Railway Station is less than a mile from the property, offering fast services to London Euston in around 59 minutes and Birmingham New Street in just over an hour. The nearby M1 motorway places both the capital and the Midlands within easy reach, supporting strong demand from commuting professionals.
The area is well served by local amenities including supermarkets, independent shops, parks and green spaces, with the University of Northampton and key employment centres close at hand. This combination of heritage, convenience and connectivity ensures enduring rental appeal to a wide tenant base.
Brochures
Brochure 1- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
- Band: TBC
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Yes
- GARDENA property has access to an outdoor space, which could be private or shared.
- Ask agent
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- Ask agent
Energy performance certificate - ask agent
Clare Street, Northampton, NN1 3BU
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About Lester & Bingley, Mansfield
Unit 2A, Sherwood Oaks Close, Sherwood Oaks Business Park, Mansfield, NG18 4TB
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Visit our security centre to find out moreDisclaimer - Property reference 712561. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Lester & Bingley, Mansfield. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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