This blog follows the property market in Northampton with a particular emphasis on buy-to-let. On here you'll find general commentary about the market, plus properties that may represent decent buys. I own a large estate agency in Northampton and am myself a landlord with an established portfolio. If you're looking to invest, but are unsure what will work best, I'm happy to offer a (free) second opinion. If you have a property to sell I can help with that too! Email richard.baker@belvoir.co.uk

Monday 5 August 2024

Why Northampton Loves Its Three-Bedroom Homes

 



Three-bedroom homes hold a special place in the hearts of Northampton residents, with a remarkable 35% of homes in the area boasting this sought-after configuration. This trend reflects a broader national pattern, as data from the Office for National Statistics indicates that 40.4% of households across the UK are three-bedroom properties.

Why are three-bedroom homes so popular? They strike the perfect balance for many families, offering enough space for growth without the overwhelming maintenance of larger properties. These homes typically feature a master bedroom, a secondary room for children or guests, and a third room that can serve as a study, nursery, or additional bedroom, providing flexibility for various lifestyle needs. 

However, the desirability of three-bedroom homes often makes them a premium choice in the Northampton property market. The demand for these homes can drive up prices, making it a significant investment for homeowners. 

Nationally, 11.4% of homes are one-bedroom, 27.1% are two-bedroom, 40.4% are three-bedroom, and 21.1% have four or more bedrooms. This distribution shows the broad appeal of three-bedroom homes, making them a key segment of the housing market.

For those considering selling their three-bedroom home in Northampton now might be the perfect time to capitalise on this demand. If you own a three-bedroom property and are curious about its current market value, I offer a free, no-obligation valuation. Understanding the true worth of your home can help you make informed decisions and potentially maximise your investment.

Call me on 01604 801 962 or email me on northampton@belvoir.co.uk for your no obligation free valuation.

 


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