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Stanion Lane & Building Plot, Corby

East Midlands

£275,000
Listed on 28/12/2025

Property Details

Bedrooms
8
Type
Detached house

Description

This detached four-bedroom home presents a substantial opportunity for renovation and investment, set on an expansive plot exceeding a quarter of an acre. The residence, offering around 1,450 sq. ft. of living space, has experienced fire damage primarily affecting the kitchen and dining area, with additional smoke damage throughout. This property not only has significant potential for a comprehensive refurbishment but also includes approved planning consent for the construction of a second four-bedroom detached house in the rear garden. The existing layout features a hallway leading to a living room, dining room, W/C, and kitchen on the ground floor, with four bedrooms and a family bathroom upstairs. The new dwelling is designed to comprise multiple living spaces including a study and open-plan kitchen/dining area—ideal for modern family life. With surrounding gardens and separate access granted for the new build, this property offers numerous avenues for capital appreciation through thoughtful improvements and development.

Investment Analysis

(NN18 area)
Area Average
£248/sq ft
Avg Rent (weekly)
£223
Avg Yield
4.6%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£80,000 - £120,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
29
Average per month
Market Turnover
45%
Properties sold annually

Local Market Trend (NN18)

Area prices are rising by +2.5% over the last 12 months
3 year growth: -2.0%
5 year growth: 8.6%
Investment Disclaimer: Analysis based on NN18 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

Stanion Lane & Building Plot, 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
£1,007
Based on a loan of £206,250 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