5 Bed Terraced House, Refurb/BRRR, Northampton, NN1 3BW, £278,995

Margaret Street, Northampton, NN1 3BW - 148 views - a year ago

Refurb/BRRR
~204 m²
+7 photos

ValuationFair Value

Sold Prices£215K - £875K
Sold Prices/m²£1.5K/m² - £4.8K/m²

 

 

Square Metres

~204 m²
Price/m²£1.4K/m²

Value Estimate

£284,575

 

 

End Value (After Refurb)

£447,247

Uplift in Value

+60%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£69,749

Stamp Duty & Legal Fees

£11,020

Refurb Costs

£90,276

Bridging Loan Interest

£7,324

Total Cash In

£180,118

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Estimated Sale Price

£447,247

Agent Fees (1%)

£4,472

Bridging Loan

£209,246

Bridging Loan Interest

£7,324

Flip Profit

£53,411

Local Sold Prices

41 sold prices from £215K to £875K, average is £445K. £1.5K/m² to £4.8K/m², average is £2.8K/m².

PriceDateDistanceAddressBeds 
£424K06/210.37 mi23, Langham Place, Northampton, Northamptonshire NN2 6AA5
£320K03/210.43 mi67, Colwyn Road, Northampton, Northamptonshire NN1 3PU5
£280K12/230.54 mi128, Artizan Road, Northampton, West Northamptonshire NN1 4HS5
£350K03/210.65 mi45, Holly Road, Northampton, West Northamptonshire NN1 4QL5
£330K04/240.78 mi82, Kingsley Road, Northampton, West Northamptonshire NN2 7BL5
£515K04/210.94 mi41, St Matthews Parade, Northampton, Northamptonshire NN2 7HE5
£410K01/211.06 mi221, Abington Avenue, Northampton, Northamptonshire NN1 4PU5
£295K06/211.08 mi8, London Road, Northampton, Northamptonshire NN4 8AH5
£620K06/221.09 mi36, Christchurch Road, Northampton, West Northamptonshire NN1 5LN5
£588K03/241.1 mi20, Christchurch Road, Northampton, West Northamptonshire NN1 5LN5
£545K08/231.14 mi27, Park Avenue North, Northampton, West Northamptonshire NN3 2HT5
£215K03/211.15 mi90, Southampton Road, Northampton, West Northamptonshire NN4 8DY5
£580K02/211.15 mi20, Park Avenue North, Northampton, Northamptonshire NN3 2HS5
£590K08/231.19 mi70, Park Avenue North, Northampton, West Northamptonshire NN3 2JE5
£464K02/211.19 mi56, Park Avenue North, Northampton, Northamptonshire NN3 2JE5
£523K09/231.19 mi34, Park Avenue North, Northampton, West Northamptonshire NN3 2JE5
£630K05/231.2 mi10, Woodland Avenue, Northampton, West Northamptonshire NN3 2BY5
£600K12/221.2 mi202, Billing Road, Northampton, West Northamptonshire NN1 5RX5
£445K08/211.23 mi4, Belvedere Close, Northampton, Northamptonshire NN5 7DW5
£403K09/231.25 mi95, Park Avenue North, Northampton, West Northamptonshire NN3 2HX5
£875K08/231.27 mi4, Park Avenue South, Northampton, West Northamptonshire NN3 3AA5
£237K09/211.34 mi46, Kingsland Avenue, Northampton, Northamptonshire NN2 7PP5
£237K09/211.34 mi46, Kingsland Avenue, Northampton, Northamptonshire NN2 7PP5
£595.9K03/211.37 mi10, Hamlet Green, Northampton, West Northamptonshire NN5 7AR5
£625K06/211.37 mi12, Hamlet Green, Northampton, Northamptonshire NN5 7AR5
£630K12/201.37 mi9, Hamlet Green, Northampton, Northamptonshire NN5 7AR5
£270K03/211.45 mi160, London Road, Northampton, Northamptonshire NN4 8AS5
£640K12/211.52 mi22, Watersmeet, Northampton, West Northamptonshire NN1 5SG5
£355K10/201.52 mi18, Watersmeet, Northampton, Northamptonshire NN1 5SG5
£435K03/211.55 mi9, Filleigh Way, Northampton, Northamptonshire NN3 3LZ5
£485K02/211.56 mi68, Tanfield Lane, Northampton, Northamptonshire NN1 5RN5
£235K02/211.7 mi32, Fullingdale Road, Northampton, Northamptonshire NN3 2QA5
£450K01/211.72 mi139, Welford Road, Northampton, Northamptonshire NN2 8AJ5
£270K12/201.74 mi83, Parkfield Avenue, Northampton, Northamptonshire NN4 8QD5
£586K03/231.74 mi357, Kettering Road, Northampton, West Northamptonshire NN3 6QT5
£425K05/211.76 mi24, Weston Way, Northampton, West Northamptonshire NN3 3BL5
£463K02/211.84 mi13, North Western Avenue, Northampton, Northamptonshire NN2 8HH5
£375K12/231.86 mi76, Highlands Avenue, Northampton, West Northamptonshire NN3 6BQ5
£540K04/231.86 mi261, Harlestone Road, Northampton, West Northamptonshire NN5 6DD5
£315K05/211.88 mi53, Cotswold Avenue, Northampton, Northamptonshire NN5 6DP5
£380K12/202 mi2, Harry Brown Close, Duston, Northampton, Northamptonshire NN5 6UR5

Local Rents

53 rents from £525/mo to £3.8K/mo, average is £1.3K/mo.

RentDateDistanceAddressBeds 
£1,25004/250.01 mi-3
£1,25006/240.03 miCranstoun Street, NORTHAMPTON3
£1,25003/250.04 mi-3
£1,50003/250.04 mi-4
£1,35006/240.07 miEarl Street Northampton3
£1,40006/240.11 miGreat Russell Street3
£55006/240.16 miOverstone Road, The Mounts, Northampton, NN14
£1,25008/240.17 miMilitary Road, Northampton3
£2,10008/240.17 miLorne Road, Northampton, Northamptonshire, NN13
£2,10008/240.17 miLorne Road, Northampton, Northamptonshire, NN13
£1,55003/250.18 mi-3
£1,10008/240.18 miAustin Street, Mounts, Northampton, NN13
£1,30003/250.19 mi-3
£1,15007/240.19 miDunster Street, NORTHAMPTON3
£1,30006/240.19 miHunter Street, NORTHAMPTON3
£1,25008/240.19 miHunter Street, NORTHAMPTON3
£2,50007/240.2 mi-5
£65008/240.21 mi-4
£65002/250.21 mi-4
£1,10011/240.21 mi-3
£1,05006/240.22 miBeaconsfield Terrace, Northampton, Northamptonshire3
£52506/240.22 miBeaconsfield Terrace, The Mounts, Northampton, NN14
£1,15010/240.24 mi-3
£1,10008/240.24 miHervey Street, Northampton, NN13
£65006/240.24 miRoyal Terrace, Barrack Road, Northampton, NN117
£1,00009/240.24 miCloutsham Street, Northampton, Northamptonshire, NN13
£1,20008/240.25 miSomerset Terrace, Somerset Street, The Mounts, Northampton NN13
£1,20007/240.25 miHunter Street, Northampton, NN13
£1,10006/240.27 miKettering Gardens, Northampton NN1 4AF 3
£99506/240.27 miKettering Gardens, Northampton NN1 4AF3
£1,40003/240.28 miIndigo Close, Overstone, Northampton3
£1,75012/240.28 miIndigo Close, Overstone4
£1,60012/240.28 miIndigo Close, Overstone4
£1,50012/240.28 miIndigo Close, Overstone3
£1,10011/240.29 mi-3
£1,30006/240.29 miGrafton Street, Northampton, NN13
£1,30006/240.29 mi-3
£3,15007/240.31 mi-4
£1,40007/240.31 mi-3
£1,40009/240.31 mi-3
£1,46501/250.31 mi-3
£1,46501/250.31 mi-3
£1,10002/250.31 mi-3
£1,35003/250.32 mi-3
£1,30008/240.32 miShakespeare Road, NORTHAMPTON3
£1,35008/240.33 miSheep Street, Northampton, Northamptonshire, NN13
£1,65011/240.34 mi-3
£1,65011/240.34 mi-3
£3,75006/240.34 mi-3
£3,40008/240.34 mi-3
£3,40011/240.34 mi-3
£3,40012/240.34 mi-3
£3,40012/240.34 mi-3

Local Area Statistics

Population in NN1

29,170

Population in Northampton

281,924

Town centre distance

0.14 miles away

Nearest school

0.20 miles away

Nearest train station

0.68 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+57%

Sales demand

Balanced market

Capital growth (5yrs)

+20%

Property History

Price changed to £278,995

September 25, 2024

Listed for £279,995

April 24, 2024

Floor Plans

Description

Jenkins Estate Agents are delighted to offer to the market this deceptively large property.
Boasting expansive living areas and 5 double bedrooms, this property offers ample space a growing family or a potential investor.
Though in need of refurbishment, the property's solid structure and spacious layout make it a canvas ready for transformation.

Key features:
-Generous living space: This property surprises with its expansive rooms and flowing floorplan.
-Multiple bedrooms: Plenty of rooms to accommodate a large family.
-Prime Location: Nestled in a desirable neighborhood, you can enjoy easy access to local amenities, schools and parks.
-Unique potential: A renovation enthusiast's dream! customize and modernize the interior to fit your personal style and needs.

with some TLC, this home has the potential to increase in value.

Contact us today schedule a viewing.

Agent Details

Jenkins Estate Agents Ltd, Northampton

01604 279694

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪