The Lodge, Towcester Road, Milton Malsor, Northampton, Northamptonshire, NN4 9RN

Description

The property was previously used as offices. A Six Week Completion period applies to this Lot. Vacant Possession.

Accommodation

Ground floor: reception room, study, separate WC with wash basin. First floor: three bedrooms, bathroom. Gardens and parking.

Location

The property is situated on the west side of Towcester Road. Extensive shops and amenities are available in Northampton, including Grosvenor Shopping Centre. Northampton rail station provides services to London Euston and Birmingham New Street stations. The M1 motorway (Junction 15a) is close by and the A43 is to the west. The open spaces of Ladybridge Park and Grangewood Park are to the north. The University of Northampton and Northampton General Hospital are also to the north.

Tenure / Property Information

Investment Analysis

The strongest evidence is Milton View, Towcester Road, Milton Malsor, NN4 9RN, a detached freehold sale at £390,000 completed on 12 June 2026. It is on the same road and postcode, but its size, condition and accommodation are not supplied, so this supports an indicative base GDV only and not a formal valuation. The £120,000 and £130,000 sales from 2001 and 2002 are not reliable current-value evidence. A single advertised £1,150 pcm rent for a three-bedroom semi-detached house in NN4 provides a limited rental indication, not achieved rent evidence.

Investment Snapshot

Strategy Recommendation

Potential BTL subject to confirming lawful residential use, condition and achievable rent. Do not rely on the apparent GDV uplift or pursue a flip without full planning, condition, cost and resale due diligence.

Works Required

No condition or specification of required works is supplied. The property was previously used as offices, so residential-use status, planning/building-regulations compliance and any necessary reinstatement or updating should be verified before bidding. No refurbishment allowance can be responsibly estimated from the evidence.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

Using the indicative £390,000 GDV, 75% refinance would be approximately £292,500. However, refurbishment costs, buyer/admin charges, finance costs and other project costs are not supplied, so total cost and cash left in cannot be calculated. The former office use creates an important residential-use and compliance diligence point.

Buy-to-Let Analysis

At the supplied advertised rent of £1,150 pcm, annual gross rent is £13,800 and gross yield on the £180,000 guide is approximately 7.67%. This is based on one advertised asking rent for a semi-detached property, not achieved rent, and excludes finance, tax, insurance, maintenance, voids, management and acquisition costs. BTL viability also depends on confirming lawful residential use following the former office use.

Flip Analysis

The indicative base GDV is £390,000, based primarily on one same-road, same-postcode detached freehold sale. A flip surplus cannot be calculated because works, acquisition costs, finance costs and selling costs are unsupported. The comparable's size and condition are also unknown relative to this property.

Investor Risks & Due Diligence

• The property was previously used as offices; lawful residential use and any required planning or building-regulations compliance are unconfirmed.

• No condition information or refurbishment cost evidence is supplied.

• The GDV relies mainly on one comparable whose size and condition are unknown.

• The rent is a single advertised asking rent for a semi-detached property and may not represent achieved rent for this detached house.

• Buyer, administration, finance, tax and selling costs are not supplied.

• A six-week completion period applies.

Recommendation

Potential BTL subject to confirming lawful residential use, condition and achievable rent. Do not rely on the apparent GDV uplift or pursue a flip without full planning, condition, cost and resale due diligence.

Strategy Rating

Analysis Confidence

There is one recent same-road completed sale and one relevant advertised rent, but no EPC, condition report, planning/use evidence, refurbishment costs, buyer/admin charges, property size or detailed comparable information.