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167, Watling Street West, Towcester, Northamptonshire, NN12 6BX - Image 1
167, Watling Street West, Towcester, Northamptonshire, NN12 6BX - Image 2
167, Watling Street West, Towcester, Northamptonshire, NN12 6BX - Image 3
167, Watling Street West, Towcester, Northamptonshire, NN12 6BX - Image 4
167, Watling Street West, Towcester, Northamptonshire, NN12 6BX - Image 5
167, Watling Street West, Towcester, Northamptonshire, NN12 6BX - Image 6

167, Watling Street West, Towcester, Northamptonshire, NN12 6BX

East Midlands

£550,000
Listed on 28/02/2025

Property Details

Bedrooms
N/A
Type
Detached house

Description

This Grade II listed three-storey mid-terrace property presents a unique opportunity for renovation and investment. Currently configured as cellular office space, the building features a variety of original period details that could be highlighted in a refurbishment. Each floor is equipped with kitchen and WC facilities, making it functional for immediate use or further development. One of the notable advantages of this property is the large parking area at the rear, which accommodates up to nine cars and is accessed via a private entrance from Richmond Road. This aspect enhances its appeal for commercial purposes and provides potential for conversion to residential use, subject to obtaining the necessary planning permissions. Located in Towcester, a growing market town in South Northamptonshire with approximately 11,331 residents (as per the 2021 census), this property benefits from excellent transport links. Junction 15A of the M1 motorway is just seven miles northeast, facilitating access to Northampton and beyond. Additionally, Junctions 10 and 11 of the M40 are about 18 miles to the west, while Milton Keynes is easily reachable, located roughly eight miles south via the A5. The property occupies a prominent position on Watling Street West, directly across from the town hall. Nearby amenities include established businesses such as Waitrose, Costa Coffee, Specsavers, and local dining options like Village Public House. The combination of location and features makes this property an attractive prospect for those looking to invest in Towcester's burgeoning market.

Investment Analysis

(NN12 area)
Area Average
£363/sq ft
Avg Rent (weekly)
£308
Avg Yield
3.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£75,000 - £120,000
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
17%
Properties sold annually

Local Market Trend (NN12)

Area prices are stable by +1.7% over the last 12 months
3 year growth: -0.5%
5 year growth: 7.7%
Investment Disclaimer: Analysis based on NN12 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

167, Watling Street West, Towcester, Northamptonshire, NN12 6BX
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Mortgage Calculator

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£
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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