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Spencer Street, NN14

East Midlands

£350,000
Listed on 30/03/2026

Property Details

Bedrooms
3
Type
Detached Bungalow
Area
981 sqft

Description

Situated in the tranquil village of Ringstead, Kettering, this detached bungalow presents an excellent opportunity for renovation enthusiasts. Constructed between 1960 and 1969, the home features a functional layout with three generously sized bedrooms, making it suitable for families or individuals seeking expansive living areas. The inviting reception room is perfect for hosting guests or enjoying family moments, while two bathrooms add convenience for everyday living. Set on a substantial plot, there is ample space for potential extensions or landscaped gardens that could enhance your outdoor experience. This property requires comprehensive modernization, offering a blank canvas for buyers to infuse their own style and preferences into every corner. The peaceful surroundings of this location ensure a lovely retreat from busy life while remaining within close proximity to local amenities and services. With parking available for up to three vehicles, this bungalow accommodates families with multiple cars. This property is a unique find in a sought-after area, providing an exceptional investment potential for those willing to envision the transformation of this home into a stunning residence.

Investment Analysis

(NN14 area)

Above Market Value

This property is priced +29.2% above area average per sq ft

+29.2%
This Property
£357/sq ft
Area Average
£276/sq ft
Avg Rent (weekly)
£267
Avg Yield
4.4%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£297,886
10% above area average per sq ft
Potential ROI
-25.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
59
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (NN14)

Area prices are falling by -5.0% over the last 12 months
3 year growth: -5.6%
5 year growth: +7.1%
Investment Disclaimer: Analysis based on NN14 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

Spencer Street, NN14
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£1,240
Based on a loan of £262,500 over 30 years at 3.91% 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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