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**OUTLINE PLANNING FOR 207 UNITS** St. Crispin Drive, Northampton, Northamptonshire, NN5 - Image 1
**OUTLINE PLANNING FOR 207 UNITS** St. Crispin Drive, Northampton, Northamptonshire, NN5 - Image 2
**OUTLINE PLANNING FOR 207 UNITS** St. Crispin Drive, Northampton, Northamptonshire, NN5 - Image 3
**OUTLINE PLANNING FOR 207 UNITS** St. Crispin Drive, Northampton, Northamptonshire, NN5 - Image 4
**OUTLINE PLANNING FOR 207 UNITS** St. Crispin Drive, Northampton, Northamptonshire, NN5 - Image 5
**OUTLINE PLANNING FOR 207 UNITS** St. Crispin Drive, Northampton, Northamptonshire, NN5 - Image 6
**OUTLINE PLANNING FOR 207 UNITS** St. Crispin Drive, Northampton, Northamptonshire, NN5 - Image 7
**OUTLINE PLANNING FOR 207 UNITS** St. Crispin Drive, Northampton, Northamptonshire, NN5 - Image 8
**OUTLINE PLANNING FOR 207 UNITS** St. Crispin Drive, Northampton, Northamptonshire, NN5 - Image 9
**OUTLINE PLANNING FOR 207 UNITS** St. Crispin Drive, Northampton, Northamptonshire, NN5 - Image 10
**OUTLINE PLANNING FOR 207 UNITS** St. Crispin Drive, Northampton, Northamptonshire, NN5 - Image 11

**OUTLINE PLANNING FOR 207 UNITS** St. Crispin Drive, Northampton, Northamptonshire, NN5

East Midlands

£5,000,000
Listed on 30/12/2025

Property Details

Bedrooms
20
Type
Detached house

Description

Nestled within the historically rich grounds of the former St Crispin's Hospital, this substantial property presents a noteworthy investment opportunity in Northampton. The site is not only characterized by its significant heritage assets but also by the scale and potential for regeneration, making it one of the most promising developments in the region. With approved planning permissions, it is set to provide 235 residential units through a well-structured masterplan that harmonizes with the area's Victorian architectural legacy. The site includes remarkable features such as the iconic Clock Tower and Administration Building—both earmarked for conversion into luxury apartments—offering an attractive architectural focal point for future residents. The integration of heritage conversions with new-build townhouses and apartment blocks supports a visually cohesive development that respects its historical context. Excavated underground car parks are already in place, which optimize surface space, enhancing design appeal and promoting higher value sales through premium placemaking. Additionally, half of the CIL/S106 levy has been paid, significantly reducing initial capital exposure for prospective buyers. This project represents not just housing but a chance to create a vibrant residential community aligned with market demands. The remaining units present an exciting challenge for developers willing to capitalize on strong local demand and proven buyer interest in this attractive suburb. The strategic location provides excellent transport links to Northampton Town Centre and beyond, further supporting its desirability. The site remains primed for further development activities that could lead to substantial returns, particularly through high-quality heritage conversions. This opportunity stands out as a near-ready site that offers clear pathways towards successful completion and profitable investment outcomes.

Investment Analysis

(NN5 area)
Area Average
£288/sq ft
Avg Rent (weekly)
£282
Avg Yield
4.3%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£1,500,000 - £2,500,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
42
Average per month
Market Turnover
21%
Properties sold annually

Local Market Trend (NN5)

Area prices are stable by -0.8% over the last 12 months
3 year growth: +0.4%
5 year growth: +23.8%
Investment Disclaimer: Analysis based on NN5 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

**OUTLINE PLANNING FOR 207 UNITS** St. Crispin Drive, Northampton, Northamptonshire, NN5
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Mortgage Calculator

£
£
£
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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£18,033
Based on a loan of £3,750,000 over 30 years at 4.06% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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