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Nelson Road, Corby

East Midlands

£175,000
Listed on 31/12/2025

Property Details

Bedrooms
2
Type
Terraced house

Description

This two-bedroom home in the Lodge Park area of Corby presents a solid investment opportunity, especially for those looking to capitalize on its renovation potential. The property is conveniently situated within walking distance of local amenities, schools, and parks. The ground floor features an entrance hall leading to a lounge, a kitchen with dining space, and a separate dining room that could benefit from modern updates. Upstairs, the two double bedrooms come with built-in wardrobes and are serviced by a shower room and separate W.C., both of which may require rejuvenation. Outside, the front garden is primarily gravelled and offers potential for off-road parking with appropriate permissions. The rear garden includes a patio area adjacent to a laid lawn, enclosed by hedges and fencing—a space ripe for landscaping improvements. Overall, this property has the foundation for creating a comfortable home or rental unit with some thoughtful renovations.

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

Nelson Road, Corby
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Mortgage Calculator

£
£
£
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years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£641
Based on a loan of £131,250 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