2-bedroom terraced house · NN14 4RU
Sold STCListed 108 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
SUMMARY Situated on The Sidings Development, on the outskirts of Thrapston, providing easy access to the local amenities and A14, A45 road links.
The property has two bedrooms and includes garden, and dedicated parking. Offered as a 40% shared ownership property.
DESCRIPTION In brief the property is arranged over two floors and comprises: - Hallway, cloakroom/w.c, lounge, /diner, fitted kitchen incorporating with some fitted appliances including fridge freezer, oven, stainless steel hob and space for washing machine.
The first floor offers two bedrooms and a family three-piece bathroom, with bath and a shower over.
Outside Rear: - The rear garden is enclosed with timber fencing, patio area set immediately to the rear of the property with gated access to the rear providing access toward the dedicated numbered parking bays.
Agents Note The Current share is offered at 40% of the leasehold value.
We understand that subject to the terms of the share ownership partner, it would be possible to purchase a greater share during a period of ownership subject to a qualifying period - this is referred to as staircasing to increase the share ownership, with is also reflected in a reduced rent contribution.
The rent balance on the 60% share owned by the housing association Orbit Homes is payable monthly to Orbit homes at £382.01 per calendar month.
We are advised by the owner the lease is 125 years from 2016 (115 years approx.
remaining) We currently hold lease details as displayed above, should you require further information please contact the branch.
Please note additional fees could be incurred for items such as leasehold packs. 1.
MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2.
General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect. 4.
Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT.
THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS.
NEITHER SHARMAN QUINNEY NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.
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
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FAQ
About Sidings Close, Thrapston, Kettering
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