# Plot for sale (NN5 6RQ)

## Property Details

| Key | Value |
|-----|-------|
| Address | 18 FIRSVIEW DRIVE, NORTHAMPTON, NORTHAMPTONSHIRE NN5 6RQ |
| Price | £75,000 |
| Bedrooms | 2 |
| Last sold | £173,000 Nov 2017 |

## EPC Rating & Upgrade Cost

- **Current rating:** D
- **Potential rating:** B
- **Expiry date:** 07/07/2027
- **Est. upgrade cost to C:** £12,915

### Recommendations
- W1 (£800 - £1,200)
- E (£15)
- G (£350 - £450)
- N (£4,000 - £6,000)
- U (£5,000 - £8,000)

[View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/8904-5388-9229-5106-2333)

## Description

A rare opportunity to acquire a plot of land at the rear of a current dwelling to build a two bedroom detached bungalow and single garage. The property would be approximately 26.8 square meters x 14 square meters. Also having access from Firsview drive and separate rear access. The buyer is to remove the current garage and lean to gain access.

## Property Photos

- ![Photo](/listings/photos/37724437/1349397)

## FENSA Certificates

This property has 3 FENSA certificate(s) on record.

### FENSA Certificate #9910719
- **Address:** 18 Firsview Drive, NORTHAMPTON, NN5 6RQ
- **Certificate Issued:** 26/11/2013
- **Work Completed:** 17/10/2013
- **Items:** 6 window(s), 2 door(s)

### FENSA Certificate #903246
- **Address:** 18 Firsview Drive, NORTHAMPTON, NN5 6RQ
- **Certificate Issued:** 08/08/2003
- **Work Completed:** 07/07/2003
- **Items:** 2 window(s)

### FENSA Certificate #14672795
- **Address:** 18 Firsview Drive, NORTHAMPTON, NN5 6RQ
- **Certificate Issued:** 04/07/2021
- **Work Completed:** 25/06/2021
- **Items:** 2 door(s)

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 18 FIRSVIEW DRIVE, NORTHAMPTON, NORTHAMPTONSHIRE, NN5 6RQ | £173,000 | 03/11/2017 | Semi-detached |

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 274B MAIN ROAD, DUSTON, NORTHAMPTON, WEST NORTHAMPTONSHIRE, NN5 6PP | £180,000 | 10/11/2022 | Other |
| 274C MAIN ROAD, DUSTON, NORTHAMPTON, WEST NORTHAMPTONSHIRE, NN5 6PP | £455,000 | 28/01/2022 | Other |

**Area average:** £317,500 (2 sales)

## Price vs local average

*Outcode + property type (HousePrices, last 2 years).*

- **Local average:** £1,079,300 (12 Other, NN5, 2024–2026)
- **Deviation:** -93.1%

## Rental Range

*ONS Price Index of Private Rents (West Northamptonshire). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £965/mo
- **Realistic:** £1,072/mo
- **Optimistic:** £1,179/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for Leicester (Apr 2025 – Mar 2026).*

- **LHA floor (this property size):** £648/mo

## Rental Comparables

*Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.*

| Title | Rent | Beds | Distance | As seen on |
|------|------|------|------|------|
| 2 Bed Semi-Detached House, Main Road, NN5 | £1,325/mo | 2 | 0.38 miles | OpenRent |
| 2 Bed Terraced House, Limoges Court, NN5 | £965/mo | 2 | 0.53 miles | OpenRent |
| 2 Bed Flat, Hirondelle Clsoe, NN5 | £1,190/mo | 2 | 0.61 miles | OpenRent |

**Average rent: £1,160/mo (3 listings)**

## 1% Rule

- **Rent ratio:** 1.59% (strong)
- **Max investor price (0.8%):** £148,750
- **Target investor price (1%):** £119,000

*Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.*

## Rent-driven metrics

*Based on OpenRent comparables (median £1,190/mo).*

- **Gross yield:** 19%
- **Cost-to-rent:** 5.3×
- **Monthly cashflow:** £751/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 41.4%

*Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).*

## Price per Square Metre

- **£/m²:** £1,316/m²

## Capital growth trend

*Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.*

- **5y growth:** -77.7%

## House Price Index (HM Land Registry)

*Official index for West Northamptonshire; All dwelling types series; as of April 2026.*

- **1y growth (index):** 1.4%
- **5y growth (index):** 16.6%
- **10y growth (index):** 39.3%

## Flood risk

- **Zone:** 1
- **Risk:** Low
- **Source:** Job (default Low)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)
