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1-3 Harlestone Road, Northampton, Northamptonshire, NN5 - Image 1
1-3 Harlestone Road, Northampton, Northamptonshire, NN5 - Image 2

1-3 Harlestone Road, Northampton, Northamptonshire, NN5

East Midlands

£285,000
Listed on 22/02/2026

Property Details

Bedrooms
N/A
Type
Detached house
Area
1237 sqft

Description

This mixed-use property presents an interesting opportunity for both commercial and residential investment in a strategically located area of Northampton. Positioned at the intersection of Weedon Road and Harlestone Road, it benefits from excellent access to major routes, enhancing its appeal for potential businesses and residents alike. Notably, the property consists of a three-storey structure with a robust brick construction and a pitched roof. The ground floor space, currently vacant, previously served as office premises featuring multiple rooms, kitchen facilities, and WCs—perfect for conversion into various business uses or possibly residential units with some reconfiguration. Above, a tenanted two-bedroom flat occupies the first and second floors, accessible via a separate entrance at the rear. The enclosed yard adds further utility to the property. Given the surrounding mix of commercial enterprises and residences, this site is well-positioned for renovation aimed at enhancing its value through modernization and improved functionality.

Investment Analysis

(NN5 area)

Below Market Value

This property is priced -19.9% below area average per sq ft

-19.9%
Potential saving
This Property
£230/sq ft
Area Average
£288/sq ft
Avg Rent (weekly)
£282
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £100,000
Target Value
£391,473
10% above area average per sq ft
Potential ROI
+1.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
42
Average per month
Market Turnover
21%
Properties sold annually

Local Market Trend (NN5)

Area prices are stable by -0.8% over the last 12 months
3 year growth: +0.4%
5 year growth: +23.8%
Investment Disclaimer: Analysis based on NN5 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

1-3 Harlestone Road, Northampton, Northamptonshire, NN5
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,028
Based on a loan of £213,750 over 30 years at 4.06% 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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