Sold Flat

34 HERFORD CLOSE

CORBY, NORTH NORTHAMPTONSHIRE NN18 9EQ

3 beds 113 m² Listed 27 Feb 2009 (-6322d)

£49,500

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# 3 bedroom ground floor flat for sale (NN18 9EQ)

## Property Details

| Key | Value |
|-----|-------|
| Address | 34 HERFORD CLOSE, CORBY, NORTH NORTHAMPTONSHIRE NN18 9EQ |
| Price | £49,500 |
| Bedrooms | 3 |
| Last sold | £150,000 Oct 2024 |

## Description

PVC door to:

ENTRANCE HALL: Airing cupboard, doors to:

LOUNGE: 16'8 (max) x14'10 (5.08m x 4.52m). Double glazed window to side and rear elevation, double glazed door to garden, radiator, coved ceiling.

KITCHEN/BREAKFAST ROOM: 17'4x11'2 (5.28m x 3.40m). Double glazed window to front elevation, in need of total refitting, archway through to:

FAMILY ROOM: 16'6x8'12 (5.03m x 2.74m). Double glazed window to front elevation, coved ceiling, radiator.

BEDROOM 1: 21'4x8'4 (6.50m x 2.54m). Double glazed window and door to side elevation, coved ceiling, two radiators.

BEDROOM 2: 14'6x8'4 (4.42m x 2.54m). Double glazed window to side elevation, coved ceiling, radiator.

BEDROOM 3/STUDY: 7'6x7'6 (2.29m x 2.29m). Double glazed window to side elevation, cupboard, coved ceiling.

BATHROOM: Comprising a corner bath, wash hand basin, double glazed window to side elevation.

SEPARATE WC: To a comprise a low level WC, double glazed window to side elevation, coved ceiling.

OUTSIDE:

FRONT: A lawned frontage with a DRIVEWAY to side.

REAR: Lawned enclosed by timber fencing.

VIEWING:

STRICTLY BY APPOINTMENT THROUGH THE AGENTS,

SIMPSON WEST, 64 CORPORATION STREET, CORBY, NN17 1NH (TEL) 01536 202007, (FAX) 01536 202008

## Property Photos

- ![Photo](/listings/photos/24858110/698251)

## EPC Graphs

- ![EPC 1](/listings/photos/24858110/698253) - EPC 1

## Sales History

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

| Address | Price | Date | Type |
|---------|-------|------|------|
| 34 HERFORD CLOSE, CORBY, NORTH NORTHAMPTONSHIRE, NN18 9EQ | £150,000 | 24/10/2024 | Flat |

## Sold Comparables

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

| Address | Price | Date | Type |
|---------|-------|------|------|
| 22 BEDE CLOSE, CORBY, NORTH NORTHAMPTONSHIRE, NN18 9PD | £117,000 | 24/11/2023 | Flat |
| 70 MINDEN CLOSE, CORBY, NORTH NORTHAMPTONSHIRE, NN18 9EP | £163,000 | 18/09/2023 | Flat |
| [Same street] 23 HERFORD CLOSE, CORBY, NORTH NORTHAMPTONSHIRE, NN18 9EQ | £209,950 | 28/07/2023 | Terraced |
| [Same street] 38 HERFORD CLOSE, CORBY, NORTH NORTHAMPTONSHIRE, NN18 9EQ | £132,500 | 21/07/2023 | Flat |
| [Same street] 18 HERFORD CLOSE, CORBY, NORTH NORTHAMPTONSHIRE, NN18 9EQ | £196,000 | 30/06/2023 | Semi-detached |
| 98 BEDE CLOSE, CORBY, NORTH NORTHAMPTONSHIRE, NN18 9PE | £246,000 | 23/01/2023 | Flat |
| 77 DRESDEN CLOSE, CORBY, NORTH NORTHAMPTONSHIRE, NN18 9EN | £125,000 | 16/11/2022 | Flat |
| [Same street] 8 HERFORD CLOSE, CORBY, NORTH NORTHAMPTONSHIRE, NN18 9EQ | £139,000 | 02/09/2022 | Flat |
| [Same street] 17 HERFORD CLOSE, CORBY, NORTH NORTHAMPTONSHIRE, NN18 9EQ | £220,000 | 19/08/2022 | Terraced |
| 6 GREENLAND WALK, CORBY, NORTH NORTHAMPTONSHIRE, NN18 9DH | £220,000 | 28/07/2022 | Flat |
| 71 MINDEN CLOSE, CORBY, NORTH NORTHAMPTONSHIRE, NN18 9EP | £150,000 | 15/07/2022 | Flat |
| 74 MINDEN CLOSE, CORBY, NORTH NORTHAMPTONSHIRE, NN18 9EP | £137,000 | 06/05/2022 | Flat |
| 1 MINDEN CLOSE, CORBY, NORTH NORTHAMPTONSHIRE, NN18 9EW | £150,000 | 17/01/2022 | Flat |
| 84 FINLAND WAY, CORBY, NORTH NORTHAMPTONSHIRE, NN18 9DZ | £145,000 | 27/09/2021 | Flat |
| 113 FINLAND WAY, CORBY, NORTH NORTHAMPTONSHIRE, NN18 9DZ | £110,000 | 23/09/2021 | Flat |
| [Same street] 12 HERFORD CLOSE, CORBY, NORTH NORTHAMPTONSHIRE, NN18 9EQ | £150,000 | 17/09/2021 | Flat |
| 95 FINLAND WAY, CORBY, NORTH NORTHAMPTONSHIRE, NN18 9DZ | £140,500 | 25/06/2021 | Flat |

**Street average:** £174,575 (6 sales)
**Area average:** £154,864 (11 sales)

## Price vs local average

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

- **Local average:** £115,786 (7 Flat, NN18, 2024–2026)
- **Deviation:** -57.2%

## Rental Range

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

- **Low:** £884/mo
- **Realistic:** £982/mo
- **Optimistic:** £1,080/mo

## LHA (Local Housing Allowance)

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

- **LHA floor (this property size):** £793/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 |
|------|------|------|------|------|
| 3 Bed Terraced House, Greig Walk, NN18 | £995/mo | 3 | 0.34 miles | OpenRent |
| 3 Bed Terraced House, Nansen Walk, NN18 | £1,150/mo | 3 | 0.39 miles | OpenRent |
| 3 Bed Semi-Detached House, Lavender Close, NN18 | £1,100/mo | 3 | 1.14 miles | OpenRent |

**Average rent: £1,082/mo (3 listings)**

## 1% Rule

- **Rent ratio:** 2.22% (strong)
- **Max investor price (0.8%):** £137,500
- **Target investor price (1%):** £110,000

*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 £1,100/mo).*

- **Gross yield:** 26.7%
- **Cost-to-rent:** 3.8×
- **Monthly cashflow:** £770/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 64.4%

*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).*

## Capital growth trend

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

- **5y growth:** 9.2%
- **10y growth:** 32.5%

## House Price Index (HM Land Registry)

*Official index for North Northamptonshire; Flats and maisonettes series; as of March 2026.*

- **1y growth (index):** -2.1%
- **5y growth (index):** 6.5%
- **10y growth (index):** 33%

## 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)

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Property details

Tenure

LEASEHOLD

Floor area

113 m²

Last sold

£150,000 Oct 2024

Local average

£115,786 (-57.2%)

Deprivation

Decile 2 (5,414 of 33,755)

Street crime

111 incidents within 1 mile (Apr 2026)

Key features

Established Ground Floor Flat Requiring Refurbishment
Offered with NO CHAIN
Garage Conversion
Separate Lounge
Three Bedrooms
Double Glazing
Gas Radiator Central Heating
Front and Rear Gardens
Driveway providing Off Road Parking

Additional details

Parking: Yes
Garden: Yes

Description

An established THREE BEDROOMED ground floor flat requiring refurbishment but offered for sale with NO CHAIN. Features include a garage conversion, separate lounge, double glazing, gas radiator central heating, front and rear gardens and a DRIVEWAY provides OFF ROAD PARKING space.

PVC door to:

ENTRANCE HALL: Airing cupboard, doors to:

LOUNGE: 16'8 (max) x14'10 (5.08m x 4.52m). Double glazed window to side and rear elevation, double glazed door to garden, radiator, coved ceiling.

KITCHEN/BREAKFAST ROOM: 17'4x11'2 (5.28m x 3.40m). Double glazed window to front elevation, in need of total refitting, archway through to:

FAMILY ROOM: 16'6x8'12 (5.03m x 2.74m). Double glazed window to front elevation, coved ceiling, radiator.

BEDROOM 1: 21'4x8'4 (6.50m x 2.54m). Double glazed window and door to side elevation, coved ceiling, two radiators.

BEDROOM 2: 14'6x8'4 (4.42m x 2.54m). Double glazed window to side elevation, coved ceiling, radiator.

BEDROOM 3/STUDY: 7'6x7'6 (2.29m x 2.29m). Double glazed window to side elevation, cupboard, coved ceiling.

BATHROOM: Comprising a corner bath, wash hand basin, double glazed window to side elevation.

SEPARATE WC: To a comprise a low level WC, double glazed window to side elevation, coved ceiling.

OUTSIDE:

FRONT: A lawned frontage with a DRIVEWAY to side.

REAR: Lawned enclosed by timber fencing.

VIEWING:
STRICTLY BY APPOINTMENT THROUGH THE AGENTS,
SIMPSON WEST, 64 CORPORATION STREET, CORBY, NN17 1NH (TEL) 01536 202007, (FAX) 01536 202008

Listed by

Corby

Simpson West Estate Agents ltd

Reference: 24858110

EPC Rating & Upgrade Cost

Fetching EPC data… Refresh this page in a moment.

Flood risk

Zone: 1

Risk: Low

Job (default Low)

EPC Graphs

EPC 1

Price history

Event	Date	Price	% change
Sold	24/10/2024 (1 year ago)	£150,000	—

Source: HM Land Registry Price Paid Data. Crown copyright.

Sold Comparables

Same street and nearby sales within 0.25 miles (last 5 years). Data from Land Registry Price Paid.

Address	Price	Date	Type
22 BEDE CLOSE, CORBY, NORTH NORTHAMPTONSHIRE, NN18 9PD	£117,000	24/11/2023	Flat
70 MINDEN CLOSE, CORBY, NORTH NORTHAMPTONSHIRE, NN18 9EP	£163,000	18/09/2023	Flat
Same street 23 HERFORD CLOSE, CORBY, NORTH NORTHAMPTONSHIRE, NN18 9EQ	£209,950	28/07/2023	Terraced
Same street 38 HERFORD CLOSE, CORBY, NORTH NORTHAMPTONSHIRE, NN18 9EQ	£132,500	21/07/2023	Flat
Same street 18 HERFORD CLOSE, CORBY, NORTH NORTHAMPTONSHIRE, NN18 9EQ	£196,000	30/06/2023	Semi-detached
98 BEDE CLOSE, CORBY, NORTH NORTHAMPTONSHIRE, NN18 9PE	£246,000	23/01/2023	Flat
77 DRESDEN CLOSE, CORBY, NORTH NORTHAMPTONSHIRE, NN18 9EN	£125,000	16/11/2022	Flat
Same street 8 HERFORD CLOSE, CORBY, NORTH NORTHAMPTONSHIRE, NN18 9EQ	£139,000	02/09/2022	Flat
Same street 17 HERFORD CLOSE, CORBY, NORTH NORTHAMPTONSHIRE, NN18 9EQ	£220,000	19/08/2022	Terraced
6 GREENLAND WALK, CORBY, NORTH NORTHAMPTONSHIRE, NN18 9DH	£220,000	28/07/2022	Flat
71 MINDEN CLOSE, CORBY, NORTH NORTHAMPTONSHIRE, NN18 9EP	£150,000	15/07/2022	Flat
74 MINDEN CLOSE, CORBY, NORTH NORTHAMPTONSHIRE, NN18 9EP	£137,000	06/05/2022	Flat
1 MINDEN CLOSE, CORBY, NORTH NORTHAMPTONSHIRE, NN18 9EW	£150,000	17/01/2022	Flat
84 FINLAND WAY, CORBY, NORTH NORTHAMPTONSHIRE, NN18 9DZ	£145,000	27/09/2021	Flat
113 FINLAND WAY, CORBY, NORTH NORTHAMPTONSHIRE, NN18 9DZ	£110,000	23/09/2021	Flat
Same street 12 HERFORD CLOSE, CORBY, NORTH NORTHAMPTONSHIRE, NN18 9EQ	£150,000	17/09/2021	Flat
95 FINLAND WAY, CORBY, NORTH NORTHAMPTONSHIRE, NN18 9DZ	£140,500	25/06/2021	Flat

Street average: £174,575 (6 sales)

Area average: £154,864 (11 sales)

Capital growth trend

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

5y growth 9.2%

10y growth 32.5%

House Price Index (HM Land Registry — official index, not sold-price averages): North Northamptonshire. Series: Flats and maisonettes. As of March 2026.

1y (index) -2.1%

5y (index) 6.5%

10y (index) 33%

Rental Range

Estimated market rent for North Northamptonshire. Low = conservative, Realistic = average, Optimistic = best case.

Low £884/mo

Realistic £982/mo

Optimistic £1,080/mo

Based on Local Authority from postcode lookup → North Northamptonshire.

LHA (30th percentile) floor for Northants Central: £793/mo (Apr 2025 – Mar 2026)

Location

Map view View on Google Maps View on OpenStreetMap Street View NN18 9EQ

Nearby

Nearest stations, universities and amenities (distance from property).

Type	Name	Distance
Shop	Convenience Express	0.1 miles
Bus stop	Unknown	0.4 miles
Shop	Unknown	0.6 miles
Train station	Corby	2.4 miles
Hospital	Procurement & Supplies Department (Stores)	4.8 miles
Train station	Kettering	5.3 miles

Street-level crime

Category	Count
Violence and sexual offences	40
Anti-social behaviour	31
Criminal damage and arson	13
Other theft	11
Public order	6
Drugs	3
Robbery	3
Possession of weapons	2
Shoplifting	1
Vehicle crime	1
Total incidents	111

Within 1 mile during Apr 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name	Type	Distance	Ofsted
Danesholme Infant Academy	Primary	0.2 miles	Good — 14 Sep 2023
Danesholme Junior Academy	Primary	0.2 miles	Good — 11 Jun 2018
Kingswood Secondary Academy	Secondary	0.6 miles	Good — 1 Apr 2019
Kingswood Primary Academy	Primary	0.9 miles	Good — 10 Mar 2015
Maplefields Academy	Other	0.9 miles	Outstanding — 25 Feb 2013

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
3 Bed Terraced House, Greig Walk, NN18	£995/mo	3	0.34 miles	OpenRent
3 Bed Terraced House, Nansen Walk, NN18	£1,150/mo	3	0.39 miles	OpenRent
3 Bed Semi-Detached House, Lavender Close, NN18	£1,100/mo	3	1.14 miles	OpenRent

Average rent: £1,082/mo (3 listings)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 2.22%

Max investor price (0.8%) £137,500

Target investor price (1%) £110,000

Gross yield 26.7%

Cost-to-rent ratio 3.8×

Monthly cashflow £770/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term

Cash-on-cash ROI 64.4%

Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
Gross yield — Annual rent as % of purchase price (no costs).
Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
Cashflow — Rent minus 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).