Hemans Road, Daventry, NN11 9BB - Image 1
Hemans Road, Daventry, NN11 9BB - Image 2
Hemans Road, Daventry, NN11 9BB - Image 3

Hemans Road, Daventry, NN11 9BB

East Midlands

£465,000

Listed on 31/07/2026

The listing

Property details

Bedrooms
6
Type
Residential Development

Features

  • Garden

Description

This freehold residential development site presents a remarkable chance to invest in a project with full planning permission for the conversion of an existing building into five modern apartments. Located in a well-established area of Daventry, this opportunity is perfect for developers looking to tap into the growing demand for quality housing in the region. The granted plans outline the transformation into five self-contained apartments featuring open-plan living spaces, contemporary kitchens, spacious bedrooms, and chic shower rooms. Additionally, the development includes a communal amenity area as well as secure storage for bikes and bins, enhancing its appeal to potential residents. Daventry's strong transport links and increasing rental demand make this an attractive investment choice. The site is conveniently positioned near Rugby and Long Buckby train stations, providing direct routes to London and Birmingham, while major motorways such as the M1 and M6 are also easily accessible. Whether you aim to create attractive buy-to-let properties or develop for sale, this fully consented scheme offers a ready-to-go project that stands poised for success in a competitive market.

WHOTS analysis

Our WHOTS verdict

An internal assessment of the opportunity to acquire, improve and create value.

45out of 100
Grade ELow opportunity

Confidence: LOW

This is a heavy conversion project rather than a finished home: the building is still configured as a restaurant, with stripped partitions and demolition debris visible. The standout is the stated full planning permission for five apartments, giving a buyer a defined scheme to deliver in a standing two-storey building with a pitched roof. The £465,000 asking price cannot yet be judged against local £/sqf because the floor area is missing, and the overall WHOTS score is low, with renovation economics also limited by the available data.

Limited photo coverage makes the renovation assessment further provisional.

Key opportunities

  • Deliver the consented five-apartment scheme, with open-plan living and communal amenity space as described in the listing.
  • Rework the existing restaurant layout into residential accommodation, creating value through a full conversion rather than a cosmetic update.
  • The standing two-storey building and pitched roof provide an existing structure to work with.

Key risks

  • Stripped interiors and demolition debris point to a heavy conversion programme: plan for a full interior rebuild and significant time on site, not a cosmetic refresh.
  • The £465,000 asking price cannot be assessed against local £/sqf until the floor area is confirmed.

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Map

Location

Hemans Road, Daventry, NN11 9BB
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Transport

Nearest stations

  • Long Buckby Rail Station

    4.0 miles

    Train · Long Buckby

  • Rugby Rail Station

    8.5 miles

    Train · Rugby

  • Northampton Rail Station

    11.3 miles

    Train · Northampton

Contains public sector information from NaPTAN (DfT) licensed under the Open Government Licence v3.0.

Finance

Mortgage calculator

Illustrative repayments based on the asking price, not a mortgage offer.

£
£
£
%
%
years

Current average 2-year fixed rate is 5.13%

Current average variable rate is 6.58%

Monthly Repayments
£1,900
Based on a loan of £348,750 over 30 years at 5.13% 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.

Tax

Stamp duty calculator

Indicative tax based on the asking price and the options you select.

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