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The Willows, Thrapston, Northamptonshire, NN14

East Midlands

£650,000
Listed on 01/07/2023

Property Details

Bedrooms
N/A
Type
Detached house

Description

This impressive 1-acre development site in Thrapston presents a unique opportunity for ambitious investors or builders looking to capitalize on its full planning permission. The parcel is designed to accommodate four detached, two-storey homes, with proposed sizes ranging from approximately 1,958 to 2,420 square feet. Each of the planned homes is thoughtfully arranged around a central turning circle, ensuring ease of access and a cohesive community feel. They will offer desirable features such as rear gardens and picturesque views over surrounding countryside and the river, enhancing their appeal for potential buyers. The proposed configurations include three-bedroom properties with en-suites to the master bedrooms and double garages, alongside larger four-bedroom options featuring additional studies and open-plan living spaces. This layout not only maximizes the use of space but also aligns with modern housing trends that favor flexible living environments. Situated conveniently within Thrapston, this site benefits from excellent connectivity—just 1.5 miles from junction 12 of the A14—and is within reasonable distance from train stations in Kettering, Wellingborough, and Corby. The local area is well-served by schools and amenities, making it an attractive location for families seeking new homes. With detailed planning consent already secured (reference NE/21/00542 REM), the groundwork has been laid for a smooth transition into development. Utility services including gas, electric, water, and fiber are believed to run adjacent to the site, streamlining the process for future construction. For those interested in exploring this investment further, a comprehensive property information pack is available upon request. Site visits can be arranged by appointment only through the appropriate channels. The potential of this project makes it an exciting consideration for anyone looking to invest in residential development within a growing community.

Investment Analysis

(NN14 area)
Area Average
£279/sq ft
Avg Rent (weekly)
£245
Avg Yield
4.2%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£800,000 - £1,200,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
52
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (NN14)

Area prices are stable by +1.0% over the last 12 months
3 year growth: -1.2%
5 year growth: 14.3%
Investment Disclaimer: Analysis based on NN14 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

The Willows, Thrapston, Northamptonshire, NN14
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Mortgage Calculator

£
£
£
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years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£2,381
Based on a loan of £487,500 over 30 years at 4.19% 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE