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Primrose Hill, Northampton, NN2 - Image 1
Primrose Hill, Northampton, NN2 - Image 2

Primrose Hill, Northampton, NN2

East Midlands

£375,000

Listed on 28/05/2026

Property Details

Bedrooms
6
Type
Commercial Development

Description

This property represents a promising investment opportunity in the well-established Primrose Hill area of Northampton. The site currently hosts a garage but comes with full planning permission for its demolition and the construction of six one-bedroom apartments. This presents an attractive prospect for both build-to-rent models and resale to first-time buyers or investors, especially given the ongoing demand for one-bedroom units in the area. The approved design maximizes the use of space and lays out a straightforward path for redevelopment, backed by planning reference N/2014/1387. Its location is a significant advantage, offering easy access to Northampton's town centre, local amenities, and transport links, making it ideal for potential residents. This development not only promises a return on investment but also aligns with current market trends favoring compact residential living.

Investment Analysis

(NN2 area)
Area Average
£280/sq ft
Avg Rent (weekly)
£262
Avg Yield
5.3%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£250,000 - £400,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
40
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (NN2)

Area prices are falling by -3.5% over the last 12 months
3 year growth: -8.9%
5 year growth: +6.2%
Investment Disclaimer: Analysis based on NN2 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

Primrose Hill, Northampton, NN2
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£1,338
Based on a loan of £281,250 over 30 years at 3.97% 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.

Stamp Duty Calculator

This calculation uses non-residential (land/commercial) tax rates.

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