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James Watt Avenue, Corby

East Midlands

£189,995
Listed on 05/11/2025

Property Details

Bedrooms
3
Type
Terraced house

Description

This three-bedroom terraced home in the Lloyds area of Corby presents a unique opportunity for renovation and investment. While the property requires modernization, its location is highly advantageous, with various amenities including schools and shops just a short walk away, making it ideal for families or potential renters. The ground floor features an entrance hall leading to a utility/W.C., a functional kitchen equipped with essential appliances, and a spacious lounge/diner that benefits from natural light through double glazed windows at both the front and rear. These areas offer ample space for reconfiguration or upgrades based on personal preferences. Upstairs, you'll find three bedrooms that provide flexibility for use as guest rooms, home offices, or children's spaces. The bathroom includes a standard three-piece suite which could be updated to enhance comfort and appeal. Externally, the property has off-road parking available via a driveway at the front. The rear garden features a patio area transitioning into a laid lawn, providing an outdoor space that can be revitalized into an inviting retreat with some landscaping efforts. Enclosed by timber fencing, this private space offers security and potential for expansion. For those looking to invest in a property with growth potential in a well-connected community, this home warrants consideration. Its current state allows buyers to personalize it according to their vision while benefiting from the convenient location nearby essential services and transport links.

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

James Watt Avenue, 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
£696
Based on a loan of £142,496 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