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Totnes Close, Corby - Image 1

Totnes Close, Corby

East Midlands

£170,000
Listed on 26/09/2025

Property Details

Bedrooms
3
Type
Semi-detached house

Description

This three-bedroom end-terrace home presents a valuable opportunity for investors or those looking to undertake a renovation project. Situated in the town center area of Corby, the property is conveniently located near local amenities, including shops, schools, and public transport options, making it a practical choice for future tenants or homeowners. While the house requires modernization, it is being offered below market value and currently has tenants in place. The ground floor features an entrance hall that leads to a spacious lounge and a separate dining room with patio doors that open into the rear garden. The kitchen is equipped with basic cabinetry and appliances, providing ample space for renovation or reconfiguration according to modern standards. Additionally, there’s a utility room that offers extra storage options. On the first floor, you will find three generously sized bedrooms along with a family bathroom that includes a three-piece suite. Each bedroom benefits from natural light thanks to double-glazed windows, contributing to the home's overall livability. The exterior includes a low-maintenance front garden and a sizable rear yard enclosed by timber fencing, which enhances privacy and security while offering potential for landscaping or outdoor improvements. This property not only offers comfortable living space but also significant potential for value enhancement through updates and renovations in line with market demand. The combination of location, size, and investment-friendly pricing makes this home an opportunity that should not be overlooked.

Investment Analysis

(NN18 area)
Area Average
£246/sq ft
Avg Rent (weekly)
£235
Avg Yield
5.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
34
Average per month
Market Turnover
19%
Properties sold annually

Local Market Trend (NN18)

Area prices are stable by +0.4% over the last 12 months
3 year growth: -3.6%
5 year growth: 7.1%
Investment Disclaimer: Analysis based on NN18 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

Totnes Close, Corby
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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
£623
Based on a loan of £127,500 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