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Land At Heartlands, Daventry , Daventry , NN11 - Image 1
Land At Heartlands, Daventry , Daventry , NN11 - Image 2
Land At Heartlands, Daventry , Daventry , NN11 - Image 3
Land At Heartlands, Daventry , Daventry , NN11 - Image 4
Land At Heartlands, Daventry , Daventry , NN11 - Image 5

Land At Heartlands, Daventry , Daventry , NN11

East Midlands

£650,000
Listed on 02/10/2025

Property Details

Bedrooms
N/A
Type
Detached house

Description

This property represents a significant opportunity for renovation and investment within Heartlands Business Park, a key commercial zone in Daventry. Strategically positioned to the north of the town center, the site benefits from direct access to the A45, facilitating easy transport routes toward both Northampton and Coventry. Additionally, its proximity to Junctions 16 and 18 of the M1 motorway—approximately 6 and 7 miles away—ensures excellent connectivity for regional and national travel. Daventry itself is approximately 13 miles west of Northampton, 11 miles southeast of Rugby, and 15 miles north of Banbury. For those reliant on rail transport, Long Buckby station is just about 6 miles from the property, offering regular services to major destinations such as London Euston and Birmingham New Street. Heartlands Business Park is home to various established businesses, including Cummins UK, Hankook Tyre, and DHL (JD Wetherspoon Distribution Centre), which contributes to the area's vibrant economic activity. The property's prominent corner location along Newnham Drive near Nasmyth Road provides excellent visibility and accessibility. The plot is suitable for development across a range of commercial uses, pending necessary planning consents. This flexibility allows for tailored renovations that can meet current market demands or adapt to future trends. The new owner will also be expected to arrange connections to essential mains services. Overall, this property offers an enticing blend of prime location advantages and potential for value-added improvements in a growing business district.

Investment Analysis

(NN11 area)
Area Average
£293/sq ft
Avg Rent (weekly)
£243
Avg Yield
4.1%

Renovation Potential

Light Refurb
Est. Renovation Cost
£20,000 - £50,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
44
Average per month
Market Turnover
22%
Properties sold annually

Local Market Trend (NN11)

Area prices are stable by +1.1% over the last 12 months
3 year growth: -0.7%
5 year growth: 14.2%
Investment Disclaimer: Analysis based on NN11 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

Land At Heartlands, Daventry , Daventry , NN11
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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
£2,381
Based on a loan of £487,500 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