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Stephenson Way, Corby

East Midlands

£150,000
Listed on 05/09/2025

Property Details

Bedrooms
2
Type
Terraced house

Description

This two-bedroom mid-terraced home in Corby presents a promising opportunity for renovation, making it an ideal choice for both first-time buyers and savvy investors. Nestled on a tranquil residential street, the property features a generous lounge and a kitchen/diner that offers ample space to reimagine your culinary and dining experiences. Upstairs, you will find two well-proportioned bedrooms along with a family bathroom, providing comfortable living quarters. The front and rear gardens extend your outdoor space, offering potential for landscaping, gardening, or creating an inviting entertainment area. While the home is in need of modernization, this allows you to tailor the interiors to your personal taste and style. With thoughtful updates, this property has the potential to significantly increase in value. Located within the NN17 postcode area, the home benefits from proximity to various amenities, including local shops, schools, parks, and public transport links. Corby town center is just minutes away, alongside leisure attractions such as Corby Pool and West Glebe Park. The area boasts excellent rail connectivity to London and is close to notable sites like Rockingham Castle and Rockingham Forest. This property not only represents a chance to create a bespoke living space but also serves as a strategic investment in an evolving community. Take advantage of this unique offering that blends residential comfort with significant potential for appreciation.

Investment Analysis

(NN17 area)
Area Average
£270/sq ft
Avg Rent (weekly)
£260
Avg Yield
4.9%

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
31
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (NN17)

Area prices are stable by +1.6% over the last 12 months
3 year growth: 3.6%
5 year growth: 17.3%
Investment Disclaimer: Analysis based on NN17 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

Stephenson Way, 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
£549
Based on a loan of £112,500 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