I’m actually the owner of the ‘reasonably priced’ 2 bed apartment at Tuttle St Brewery
I can say that we have had largely the same bunch of neighbours since we moved in. Where there are tenants, they are friendly and look after their apartments as much as those who own them. All the tenants in the building apart from one are long term with some renting for several years.
I can’t comment on Caxton Place but in my opinion this is a great development to live in and the only reason we are selling is because we have outgrown the space which happens.
Ours is a spacious apartment for a young couple starting out. I would also add (and I’m not just saying this because I’m selling) that the double glazing has been fitted to a high standard and we have no problem with noise.
The Nags Head is simply not on the main route to the nightclubs, so there is no noise because the crowd drifts to the other end of town. The Nags Head is good pub where people go for a quiet drink and a meal, it isn’t a rowdy bar at all.
And for the record we don’t even notice the bells and what’s wrong with the sound of church bells at 10.30am on a Sunday morning anyway? Get out of bed earlier!
It is true that the building operates on a shared boiler, but on the whole the bills are constant and unless somebody sets up a factory in their apartment (against the terms of the lease anyway) the monthly bill is less than you will find for the average house.
At the end of the day the cost is diluted between 16 apartments so individual apartment bills should be reasonably low. The boiler has a timer in any case so that it is on for a certain number of hours a day in the morning and at night when it is needed.
in the summer it is hardly on at all because the building is very well insulated.
The smaller 2 bed apartments are a buy to let bargain and I should know, I have just written a book on the subject!