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Spencer Street, Ringstead, Kettering

East Midlands

£250,000

Listed on 17/06/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
772 sqft

Description

This three-bedroom semi-detached home presents a compelling opportunity for investors and buyers looking to make their mark. Nestled in the tranquil village of Ringstead, the property boasts a generous private rear garden and is chain-free, enhancing its appeal. With a well-configured layout featuring an entrance hallway, spacious lounge with original timber flooring, and a kitchen along with both a bathroom and wet room on each floor, there is significant potential to enhance this property further. The first-floor landing offers access to two double bedrooms, a single bedroom, and a family bathroom. Notably, there is scope for expansion either side or to the rear (subject to planning permission), mirroring developments seen in neighboring properties. While the home benefits from double glazing and gas central heating via a modern combination boiler, general updating could elevate its value significantly. The front garden includes lawn space and driveway potential for additional parking. The extensive rear garden is predominantly laid to lawn, featuring planted areas, as well as timber storage structures including a summer house and greenhouse. Given its renovation potential and positioning in a desirable area, early viewings are advised.

Investment Analysis

(NN14 area)

Above Market Value

This property is priced +16.2% above area average per sq ft

+16.2%
This Property
£324/sq ft
Area Average
£279/sq ft
Avg Rent (weekly)
£251
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£236,757
10% above area average per sq ft
Potential ROI
-21.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
55
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (NN14)

Area prices are falling by -4.3% over the last 12 months
3 year growth: -5.4%
5 year growth: +6.9%
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, Ringstead, Kettering
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£944
Based on a loan of £187,500 over 30 years at 4.45% 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.

Stamp Duty Calculator

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