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Former Ridgeway House, 1 Swinneyford Road, Towcester, Northamptonshire, NN12 - Image 1
Former Ridgeway House, 1 Swinneyford Road, Towcester, Northamptonshire, NN12 - Image 2
Former Ridgeway House, 1 Swinneyford Road, Towcester, Northamptonshire, NN12 - Image 3
Former Ridgeway House, 1 Swinneyford Road, Towcester, Northamptonshire, NN12 - Image 4
Former Ridgeway House, 1 Swinneyford Road, Towcester, Northamptonshire, NN12 - Image 5
Former Ridgeway House, 1 Swinneyford Road, Towcester, Northamptonshire, NN12 - Image 6
Former Ridgeway House, 1 Swinneyford Road, Towcester, Northamptonshire, NN12 - Image 7

Former Ridgeway House, 1 Swinneyford Road, Towcester, Northamptonshire, NN12

East Midlands

£750,000
Listed on 02/10/2025

Property Details

Bedrooms
N/A
Type
Detached house

Description

This property represents a significant redevelopment opportunity situated in the heart of Towcester, Northamptonshire. Previously operating as a residential care home, this detached building is prominently positioned at the intersection of Swinneyford Road and St Lawrence Road. The accommodation spans two levels, featuring numerous bedrooms, communal areas, office space, kitchens, and additional facilities that could easily be repurposed for various commercial or residential ventures, subject to obtaining necessary planning permissions. The substantial plot covers around 1.05 acres and includes dedicated car parking spaces along with landscaped garden areas. With Towcester’s market town charm and proximity to major transport routes such as the A5 and M1 motorway, potential investors can explore multiple avenues for renovation and development in this promising location.

Investment Analysis

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

Renovation Potential

Medium Refurb
Est. Renovation Cost
£150,000 - £250,000
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

Former Ridgeway House, 1 Swinneyford Road, Towcester, Northamptonshire, NN12
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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
£2,747
Based on a loan of £562,500 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