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See how verdicts work2-bedroom flat · NN17 5UE
For saleListed 1 day
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
** FOR SALE BY LIVESTREAM TRADITIONAL AUCTION THURSDAY NOVEMBER 12TH AT 11:00 ** GUIDE PRICE RANGE: £100,000- 125,000 VIEWINGS - BY APPOINTMENT ONLY - PLEASE CONTACT TO ARRANGE A stylish and spacious two-bedroom top-floor apartment extending to approximately 650 sq ft, offered to the market with an existing tenant in situ with the potential for vacant possession (subject to negotiations).
The property provides two good-sized double bedrooms, a generous living area, upgraded kitchen, central heating and double glazing.
Further benefits include allocated off-road parking and a convenient location close to Corby railway station and local amenities.
The property is currently producing £890 pcm / £10,680 per annum, representing an attractive gross yield of approximately 10.7% at the £100,000 guide price, making it a strong buy-to-let investment opportunity either with the tenant or vacant possession.
TO REGISTER TO BID AND VIEW LEGAL DOCUMENTS, PLEASE VISIT OUR WEBSITE.
Accommodation - Ground Floor - Lobby - Lobby reception area at front entrance with intercom system outside Top Floor - Entrance Hall - 3.18m x 2.79m (10'5" x 9'2") - Kitchen - 3.68m x 3.18m (12'1" x 10'5") - UPVC double glazed window to front aspect, wooden wall & base kitchen units, washing machine, gas cooking hob with extractor fan, boiler, stainless steel sink, tiled flooring Living Area - 3.58m x 2.59m (11'9" x 8'6") - UPVC double glazed window to rear aspect, carpet flooring, plug sockets & radiator Bathroom - 1.68m x 1.88m (5'6" x 6'2") - Features bathtub with shower, low level WC, hand wash basin & tiled throughout Bedroom One - 2.69m x 3.58m (8'10" x 11'9") - Double bedroom with UPVC double glazed window to rear aspect, carpet flooring & radiator Bedroom Two - 3.68m x 4.39m (12'1" x 14'5") - Double bedroom with UPVC double glazed window to rear & side aspect, carpet flooring & radiator Outside - Parking - 1x allocated car parking space Services & Additional Details - Main water, drainage, electrics & gas connected.
Block Management LTD - management company Lease Details - 150 years from 2017 - 141 yrs remaining Service Charge & Ground Rent - Ground rent is £50 per year until 2041 Service Charge is £2220 per year / £185 per month How To Get There - Situated on Weldon Road in Corby (NN17 5UE), the property is easily accessible by car via the A43 and A427, providing direct road links to Kettering, Stamford, Peterborough, and the A14 for wider regional travel (SatNav: NN17 5UE).
Frequent local bus services operate along nearby Weldon Road and surrounding routes, offering convenient connections into Corby town centre and the wider local area.
For rail commuters, Corby Railway Station is located approximately 1.5 miles away—around a 5-minute drive—providing direct, regular East Midlands Railway services into London St Pancras International.
Local Amenities - Situated on Weldon Road (NN17 5UE), The Lodge benefits from a convenient location within easy reach of Corby's vibrant town centre and local amenities.
Residents enjoy close proximity to everyday essentials, including local convenience stores, supermarkets, and healthcare services.
Families are well catered for with a variety of well-regarded local primary and secondary schools in the surrounding area.
For broader retail, dining, and leisure options, the Corby East Midlands International Pool, the Core Theatre, and the numerous shops and eateries at Willow Place Shopping Centre are just a short drive or bus journey away, while nearby green spaces offer pleasant outdoor recreation.
Council Tax - Corby Council Tax Band B Price Information - *Guides are provided as an indication of each seller's minimum expectation.
They are not necessarily figures which a property will sell for and may change at any time prior to the auction.
Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
Additional Fees and Disbursements will charged to the buyer - see individual property details and Special Conditions of Sale for actual figures.
Buyers Premium - The purchaser will be required to pay a buyers premium of £2,000 ex VAT (£2,400 inc VAT).
Buyers Admin Charge - The purchaser will be required to pay a buyers admin charge of £1,500 ex VAT (£1,800 inc VAT).
Copyright - All photographs displayed are the exclusive property of Richard Greener Estate Agents. They are protected under international copyright laws.
No photograph may be copied, reproduced, distributed, altered, transmitted, or otherwise used in any form or by any means without prior written permission from the copyright owner.
Unauthorised use of these images is strictly prohibited and may result in legal action or a £2,000 fine.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below starting price
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 88 Weldon Road, Corby, NN17 5UE
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