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88 Weldon Road, Corby, NN17 5UE

PROPERTY TYPE

Apartment

BEDROOMS

2

BATHROOMS

1

SIZE

646 sq ft

60 sq m

Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Key features

  • Two-bedroom first-floor apartment extending to approximately 650 sq ft
  • Two well-proportioned double bedrooms and spacious living accommodation
  • Tenanted investment producing £890 pcm / £10,680 per annum
  • Attractive gross yield of approximately 9.7% at the guide price
  • Allocated off-road parking, central heating and double glazing
  • Auction Property - Turnkey investment in convenient location in Corby

Description

** 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.

Brochures

88 Weldon Road, Corby, NN17 5UEBrochure
COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
Band: B
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
Yes
GARDENA property has access to an outdoor space, which could be private or shared.
Ask agent
ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
Ask agent

88 Weldon Road, Corby, NN17 5UE

Approximate location

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Affordability

Monthly repayments£503
Property: £ 100,000
Deposit: £ 10,000
Interest rate: 5.35%
Term: 30 years
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Renovation potential
Recently sold & under offer
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About Auction House, Northamptonshire, Bedfordshire & Buckinghamshire

9 Westleigh Office Park Scirocco Close Moulton Northampton NN3 6BW

Auction House Northants, Beds and Bucks is run by the long-established and privately owned practice of Richard Greener Estate Agents and the name Richard Greener has become synonymous with high-quality service at every stage of the house-selling process.

The success of the company is based on an up-to-date internet-based marketing model, whilst at the same time retaining the feel of a family-run business whose clients and customers are always of paramount importance.

Properties in these counties sell very well at auction and Auction House is a local specialist in the field with a high success rate. These services provide our clients and buyers with a swift, transparent transaction with low stress and distinctive time frames.

We sell a wide range of residential and commercial lots, including land and investments. We can sell for private individuals, companies, public authorities, solicitors and other professionals.

Our auctions team is led personally by Richard Greener, supported by Co-Director Nick Greener and members of the Northants, Beds and Bucks sales team.

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Disclaimer - Property reference 35019470. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Auction House, Northamptonshire, Bedfordshire & Buckinghamshire. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Auction House, Northamptonshire, Bedfordshire & Buckinghamshire on 01604 279527.

*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

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**This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.