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Hazelwood Road, Northampton

East Midlands

£300,000
Listed on 12/05/2026

Property Details

Bedrooms
4
Type
Terraced
Area
2282 sqft

Description

This Victorian mid-terraced property, spanning four storeys, is strategically located within a short stroll of Northampton town centre and the university. Its spacious layout presents numerous opportunities for refurbishment, making it an appealing prospect for both investors and developers. The current setup includes an entrance hall leading to a lounge, dining room, and a functional kitchen with a utility area. The basement hosts two useful storerooms along with an additional reception room that opens to the rear garden via stairs. On the first floor, there are two bedrooms complemented by two shower rooms and a separate WC. The second floor features two more bedrooms. With radiator central heating already in place and parking options available, the property is well-equipped for modern living. A key highlight is its existing five-bedroom HMO licence, which implies excellent rental potential. Additionally, there's scope to add another bedroom or even convert the property into four self-contained flats, subject to securing necessary planning permissions. This property offers substantial space and flexibility, ideal for realizing significant value through renovation in a prime location.

Investment Analysis

(NN1 area)

Below Market Value

This property is priced -43.3% below area average per sq ft

-43.3%
Potential saving
This Property
£131/sq ft
Area Average
£232/sq ft
Avg Rent (weekly)
£210
Avg Yield
5.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£35,000 - £60,000
Target Value
£581,990
10% above area average per sq ft
Potential ROI
+61.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
36
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (NN1)

Area prices are stable by -2.0% over the last 12 months
3 year growth: -1.8%
5 year growth: +9.6%
Investment Disclaimer: Analysis based on NN1 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

Hazelwood Road, Northampton
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£1,070
Based on a loan of £225,000 over 30 years at 3.97% 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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