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Althorp Place, Corby, Northamptonshire, NN18 9AQ

East Midlands

£475,000
Listed on 13/03/2026

Property Details

Bedrooms
5
Type
Detached house
Area
2253 sqft

Description

This spacious five-bedroom detached residence represents a valuable investment opportunity, set on an expansive double lot. Constructed in the 1960s, the home offers considerable scope for modernization and customization to reflect personal tastes. With four adaptable reception rooms, a generous kitchen/breakfast area, and a utility room, the ground floor is designed for both livability and potential expansion. The first floor accommodates five well-sized bedrooms with a family bathroom ready for updating. Outside, the large garden provides ample outdoor space, ideal for family activities or landscaping projects. The west-facing rear garden ensures plenty of sunlight throughout the day. A double garage and dual driveways enhance parking convenience, while the plot holds significant potential for further development—subject to necessary planning permissions. Located within a sought-after residential area and equipped with mains gas central heating and broadband connectivity, this property is being sold with no onward chain, representing an excellent chance to create a bespoke family haven in a desirable locale.

Investment Analysis

(NN18 area)

Below Market Value

This property is priced -15.2% below area average per sq ft

-15.2%
Potential saving
This Property
£211/sq ft
Area Average
£249/sq ft
Avg Rent (weekly)
£235
Avg Yield
5.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£616,353
10% above area average per sq ft
Potential ROI
+11.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
30
Average per month
Market Turnover
42%
Properties sold annually

Local Market Trend (NN18)

Area prices are stable by +0.1% over the last 12 months
3 year growth: -5.0%
5 year growth: +4.2%
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

Althorp Place, Corby, Northamptonshire, NN18 9AQ
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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
£1,713
Based on a loan of £356,250 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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