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School Lane, Evenley, Northamptonshire, NN13

East Midlands

£265,000

Listed on 18/11/2025

Property details

Bedrooms
2
Type
Cottage
Area
679 sqft

Description

This charming two-bedroom cottage, constructed from stone and topped with slate, presents a compelling investment opportunity in a quaint village setting. Spanning three floors and offering 679 sq. ft of living space, the ground floor welcomes you into a practical kitchen that flows seamlessly into the sitting room, highlighted by French doors that open onto an enclosed garden—a perfect spot for outdoor relaxation or future enhancements. Ascend to the first floor where you'll find a double bedroom featuring original wooden floorboards and a characteristic cast iron fireplace, alongside a bathroom equipped with essential amenities. The principal bedroom occupies the entire second floor, boasting generous dimensions and a dormer window providing additional light. While the property is structurally sound—recent roof refurbishment has been completed—there is potential for further modernisation throughout the interior spaces to increase both comfort and value. The manageable garden spaces at the front and rear are ready for personalisation. Located just four minutes from the charming village green and village amenities such as shops and pubs, this cottage is well-positioned for those looking to create their ideal home or investment property.

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Investment analysis

(NN13 area)

Above Market Value

This property is priced +10.0% above area average per sq ft

+10.0%
This Property
£390/sq ft
Area Average
£355/sq ft
Avg Rent (weekly)
£292
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£265,112
10% above area average per sq ft
Potential ROI
-8.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
20
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (NN13)

Area prices are stable by -0.1% over the last 12 months
3 year growth: +2.1%
5 year growth: +8.0%
Investment Disclaimer: Analysis based on NN13 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

School Lane, Evenley, Northamptonshire, NN13
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Mortgage calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,001
Based on a loan of £198,750 over 30 years at 4.45% 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.

Stamp duty calculator

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