Guide price

£100,000

2 bed flat for sale
Flat 7, The Lodge, 88 Weldon Road, Corby, Northamptonshire NN17

    • 2 beds

  • EPC Rating: C

Just added
Auction
Leasehold
Added on 26/10/2026

About this property

    For sale by auction on Thursday, 12 Nov 2026 at 11:00

    Venue: Livestream

    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.

    Accommodation
    top floor
    entrance hall 10'5" x 9'2"
    kitchen 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 11'9" x 8'6"
    UPVC double glazed window to rear aspect, carpet flooring, plug sockets & radiator

    bedroom one 8'10" x 11'9"
    Double bedroom with UPVC double glazed window to rear aspect, carpet flooring & radiator

    bedroom two 12'1" x 14'5"
    Double bedroom with UPVC double glazed window to rear & side aspect, carpet flooring & radiator

    bathroom 5'6" x 6'2"
    Features bathtub with shower, low level WC, hand wash basin & tiled throughout

    service charge / ground rent / lease
    150 years from 2017 - 141 yrs remaining

    Ground rent is £50 per year until 2041

    Service Charge is £2220 per year / £185 per month

    outside / parking
    1 x Allocated parking space

    EPC Rating: C

    Additional Fees
    Buyers Premium: The purchaser will be required to pay a buyers premium of £2,000 ex VAT (£2,400 inc VAT).

    Administration Charge - The purchaser will be required to pay a buyers admin charge of £1,500 ex VAT (£1,800 inc VAT).

    Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.

    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 Information
    Please be aware there may be additional fees payable on top of the final sale price. This includes and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion. Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.

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    Monthly repayment

    £500 per month

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