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Building Plot - Rothwell Road, Kettering

East Midlands

£170,000

Listed on 03/07/2026

Property details

Bedrooms
3
Type
Plot
Area
1100 sqft

Description

This is a compelling opportunity to acquire a building plot that has received full planning permission for the construction of a detached bungalow. Positioned strategically across from Kettering General Hospital and within walking distance to the town centre and train station, this site holds significant potential for investment. The planned bungalow will offer approximately 1100 sq. ft. of living space, featuring an entrance hall, a generous lounge, a well-sized kitchen with an adjoining utility room, three bedrooms, and a family bathroom; notably, the master bedroom includes an ensuite. Furthermore, there will be ample off-road parking available on-site, which is particularly valuable in this area. With strong demand for bungalows locally, this plot presents an attractive prospect for developers or buyers looking to capitalize on the growing market.

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Investment analysis

(NN16 area)

Below Market Value

This property is priced -32.6% below area average per sq ft

-32.6%
Potential saving
This Property
£155/sq ft
Area Average
£229/sq ft
Avg Rent (weekly)
£206
Avg Yield
5.0%

Renovation Potential

Light Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£277,453
10% above area average per sq ft
Potential ROI
+11.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
27
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (NN16)

Area prices are falling by -4.7% over the last 12 months
3 year growth: -8.3%
5 year growth: +12.6%
Investment Disclaimer: Analysis based on NN16 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

Building Plot - Rothwell Road, 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
£642
Based on a loan of £127,500 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

This calculation uses non-residential (land/commercial) tax rates.

Next Steps

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