2-bedroom terraced house · NN12 6AT
Sold STCListed 221 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated closed to the centre of Towcester, this terraced home offers an entrance hall, sitting room, re-fitted kitchen/dining room with pantry and a cloakroom all to the ground floor.
Upstairs are two bedrooms and a three-piece bathroom. Externally the property has a front garden, courtyard and rear garden with the latter including a timber shed.
The Ground Floor The entrance hall with stairs to the first floor leads into the sitting room with an exposed brick fireplace.
Beyond is the re-fitted kitchen/dining room equipped with a range of units, single eye-level oven, induction hob, extractor and space for a washing machine.
There is a pantry and the gas-fired boiler was installed in 2019.
A hallway at the rear of the home provides access to the courtyard, cloakroom and a large storage cupboard, the hallway also affords space for a fridge/freezer.
The First Floor Upstairs the partly boarded loft can be accessed from the landing. There are two bedrooms, both with decorative Victorian fireplaces.
The bathroom is a three piece-suite with a wash basin, bath with shower over and a W.C. There is also an airing cupboard which houses the hot water cylinder.
Garden The property has two areas of garden to the rear, the first a paved courtyard enclosed by fencing.
A gate opens to the shared rear access for terrace and the main garden beyond which is laid to lawn with some mature planting and a timber shed.
Front Garden Enclosed on to the front and side, laid to lawn with shared gated path.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About Vernon Road, Towcester, NN12
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