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Why Invest in Daventry?

A Service from James Fielding & 1st Choice Property Management

Daventry is a medium sized market town in Northamptonshire, with excellent access to the commuter network. The unusual thing about it is the phenomenal potential the town has for property investors to make substantial returns in the mid to long term.

Located at the heart of England, Daventry is just six miles from Junction 16 of the M1 with easy access to the A5, A14, M45, M6 and A1. Those arriving by air via Heathrow, Luton, Stanstead or Birmingham are only between 30 and 90 minutes away. Northampton and Long Buckby railway stations are served by North London railway services from London Euston and Birmingham New Street.

An appealing destination in its own right, Daventry's central location makes the District an ideal touring base for many attractions with Silverstone, Stratford-upon-Avon, Warwick, Coventry, Birmingham, Oxford, Cambridge and the Cotswolds all within easy reach.

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The Details

It is a small bubble of sensibly priced property in an otherwise expensive area. Within 25 minutes in each direction, you have towns such as Banbury, Rugby, Towcester and Southam – all areas that are 15 – 30% more expensive than Daventry. That is why people continue to move here and the popularity of the town continues to drive prices up.

Daventry is undergoing a huge amount of regeneration, expansion and redevelopment, which started in 2005 and is due to be complete in 2021. On the "links" page of this site are links to council and other websites and press reports, which give an idea of the scale of work that is taking place. This will include redeveloping the town centre, building more recreation facilities, improving transport links, attracting new businesses and department stores and almost doubling the town in size within the next 15 years.

Daventry property prices remained buoyant throughout 2005, despite the fact that virtually everywhere else in the UK experienced a slow-down or drop in prices.

In 2006, capital growth was between 10% - 22%, dependant on area.

The Daventry area has an excellent rental market – a well presented and sensibly purchased property should not be without a tenant for more than a matter of days. Tenants in the Daventry area tend to be either professionals, immigrant workers or social housing cases. To boost this already thriving rental market, it is reported that another 800 Polish workers arrived in Daventry in 2006 – these workers will all need somewhere to stay.

The rental market in the surrounding villages is also excellent – particular attention should be given to Weedon, a large village with a very high rental demand and the promise of high capital growth.

Image: Expansion of Daventry - the Danetree Village plans.

To Conclude

Affordable property prices, good capital growth and a booming rental market should make Daventry attractive to any property investor. The forthcoming regeneration and redevelopment, as demonstrated on the web links page, makes it even more so. The increasing demand for rental property means that the Daventry area is THE place for shrewd investors.