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West Street, Kettering, Northamptonshire, NN16 - Image 1
West Street, Kettering, Northamptonshire, NN16 - Image 2
West Street, Kettering, Northamptonshire, NN16 - Image 3
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West Street, Kettering, Northamptonshire, NN16 - Image 11

West Street, Kettering, Northamptonshire, NN16

East Midlands

£550,000
Listed on 01/03/2025

Property Details

Bedrooms
7
Type
Detached house
Area
3182 sqft

Description

This Grade II listed property presents an intriguing opportunity for renovation and investment, boasting a rich history dating back to the 18th century. Comprising two connected buildings, known as Westbury House and 10 West Street, the structure features a combination of ironstone and red brick with characteristic Collyweston and Welsh slate roofing. The layout includes seven bedrooms, along with a variety of offices and storage spaces spread across two floors. Notably, the original period details are still evident, featuring elements like arched recesses, marble fireplace surrounds, and an elegant 18th-century staircase in Westbury House. However, several areas of the property have been left in a state that requires refurbishment, providing a blank canvas for potential buyers to tailor the space to their vision. Located in Kettering’s town center along West Street—adjacent to key amenities such as the Royal Hotel and Restaurant Quarter—this property lies within a conservation area that enhances its appeal. The surrounding environment is primarily residential, including nearby care homes and cottages. This mixed-use setting suggests significant potential for various redevelopment options. Currently utilized as office space, the property benefits from existing planning consents which could facilitate a range of alternative uses. These include residential conversions or even community-oriented projects, making it particularly attractive for investors looking to capitalize on Kettering's growing demand for diverse housing solutions. Previous planning permissions have already indicated viability for converting parts of the premises into multiple dwellings or other commercial uses. In addition to its internal spaces, external features include front and rear gardens alongside two car parks capable of accommodating several vehicles—a valuable asset in town centers where parking can be limited. Furthermore, there’s additional hardstanding land adjoining 10 West Street currently used as parking which can be expanded upon or repurposed. With a total internal area exceeding 3,182 sq. ft., plus versatile basement and attic spaces available for use or development, this property offers ample room to explore various investment strategies while preserving its historical integrity. As such, it represents not just a unique home or office but also an exciting project for those looking to make their mark in this vibrant community.

Investment Analysis

(NN16 area)

Below Market Value

This property is priced -24.8% below area average per sq ft

-24.8%
Potential saving
This Property
£173/sq ft
Area Average
£230/sq ft
Avg Rent (weekly)
£205
Avg Yield
4.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£100,000 - £150,000
Target Value
£805,046
10% above area average per sq ft
Potential ROI
+15.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
33
Average per month
Market Turnover
19%
Properties sold annually

Local Market Trend (NN16)

Area prices are stable by +0.2% over the last 12 months
3 year growth: -1.3%
5 year growth: 19.5%
Investment Disclaimer: Analysis based on NN16 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

West Street, Kettering, Northamptonshire, NN16
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£2,015
Based on a loan of £412,500 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