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Building Plot, Stanion Lane, Corby

East Midlands

£275,000
Listed on 15/11/2025

Property Details

Bedrooms
8
Type
Detached house

Description

This four-bedroom detached property presents a unique investment opportunity, further enhanced by an approved planning consent for an additional four-bedroom detached house on the rear plot. The existing home spans approximately 1,450 sq. ft. and has been impacted by fire damage in the kitchen and dining areas, with smoke residues also evident on the ground floor and minimally on the first floor. Situated on a substantial quarter-acre level lot, this residence offers significant renovation potential. The proposed new dwelling would provide ample living space with its own entrance and modern features like en-suites for two of its bedrooms. This combination of refurbishment opportunities and development potential makes it appealing for investors looking to capitalize on the growing demand for housing in this area.

Investment Analysis

(NN18 area)
Area Average
£243/sq ft
Avg Rent (weekly)
£233
Avg Yield
4.9%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £90,000
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
15%
Properties sold annually

Local Market Trend (NN18)

Area prices are stable by +0.2% over the last 12 months
3 year growth: -1.9%
5 year growth: 9.0%
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.

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Location

Building Plot, Stanion Lane, Corby
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