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Hillmorton Lane, Yelvertoft

East Midlands

£400,000
Listed on 22/10/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1925 sqft

Description

This three-bedroom detached bungalow presents a noteworthy opportunity for renovation and investment. Located on the edge of Yelvertoft, a charming village in the Northamptonshire countryside, the property is subject to an Agricultural Occupancy Condition (AOC), making it particularly appealing for those looking to invest in rural living while adhering to specific local regulations. The home sits on approximately 4.89 acres of land, which is primarily flat and features a mix of established hedgerows and mature trees. The potential for agricultural or equestrian use exists here, with the possibility of developing stables or similar facilities upon securing the necessary planning permissions from West Northamptonshire Council. This expanse provides ample space not only for personal enjoyment but also for agricultural pursuits or other developments that could enhance its value over time. Inside, the bungalow requires comprehensive refurbishment, allowing new owners to customize the layout to meet modern tastes and requirements. The accommodation includes a utility area, kitchen with pantry, dining/living room, three bedrooms, and essential facilities such as a bathroom and WC. A single-bay garage adds practical storage solutions, while outdoor spaces include both front and rear gardens — the latter featuring a paved patio ideal for outdoor living. Located just 7 miles from Rugby and 10 miles from Daventry, this property benefits from excellent transport links, including easy access to Junctions 18 of the M1 and 1 of the A14/M6. The nearby town of Rugby offers direct train services to major cities like London and Birmingham within approximately an hour's commute. Given its location and land size, this bungalow not only offers immediate residential prospects but also holds significant long-term investment potential. With thoughtful renovation and adherence to local occupancy conditions, it stands as a promising venture in rural property ownership.

Investment Analysis

(NN6 area)

Below Market Value

This property is priced -34.0% below area average per sq ft

-34.0%
Potential saving
This Property
£208/sq ft
Area Average
£315/sq ft
Avg Rent (weekly)
£316
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £60,000
Target Value
£666,695
10% above area average per sq ft
Potential ROI
+44.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
36
Average per month
Market Turnover
17%
Properties sold annually

Local Market Trend (NN6)

Area prices are stable by +1.6% over the last 12 months
3 year growth: 0.6%
5 year growth: 13.5%
Investment Disclaimer: Analysis based on NN6 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

Hillmorton Lane, Yelvertoft
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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
£1,465
Based on a loan of £300,000 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