2 Bed Flat, Single Let, Northampton, NN1 3NA, £85,000

Wellington Street, Northampton, NN1 3NA - 9 views - a year ago

Under Offer
Leasehold
Auction
BTL
ROI: 21%
~68 m²
+5 photos

ValuationUndervalued

Sold Prices£67.5K - £350K
Sold Prices/m²£1.2K/m² - £4.3K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1.2K/m²

Value Estimate

£105,400
BMV24%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£21,250

Stamp Duty & Legal Fees

£3,750

Total Cash In

£25,000

 

 

Cash Out

 

Rent Range

£800 - £1,600

Rent Estimate

£895

Running Costs/mo

£465

Cashflow/mo

£430

Cashflow/yr

£5,165

ROI

21%

Gross Yield

13%

Local Sold Prices

50 sold prices from £67.5K to £350K, average is £143K. £1.2K/m² to £4.3K/m², average is £2.4K/m².

PriceDateDistanceAddressBeds 
£105K01/230 miFlat 911, Northampton House, Wellington Street, Northampton, West Northamptonshire NN1 3ND2
£110K01/230.02 miFlat 907, Northampton House, Wellington Street, Northampton, West Northamptonshire NN1 3ND2
£146.1K11/230.18 miFlat 11, St Georges House, Latymer Court, Northampton, West Northamptonshire NN1 3NE2
£157K03/230.18 miFlat 12, St Lawrence House, Latymer Court, Northampton, West Northamptonshire NN1 3NE2
£143K10/230.18 miFlat 4, St Lawrence House, Latymer Court, Northampton, West Northamptonshire NN1 3NE2
£150K11/230.28 miFlat 216, Alpha House, Broad Street, Northampton, West Northamptonshire NN1 2HS2
£130K03/230.28 miFlat 120, Alpha House, Broad Street, Northampton, West Northamptonshire NN1 2HS2
£136K04/210.28 miFlat 214, Alpha House, Broad Street, Northampton, Northamptonshire NN1 2HS2
£148.5K06/230.28 miFlat 123, Alpha House, Broad Street, Northampton, West Northamptonshire NN1 2HS2
£125K11/230.28 miFlat 211, Alpha House, Broad Street, Northampton, West Northamptonshire NN1 2HS2
£150K12/220.28 miFlat 121, Alpha House, Broad Street, Northampton, West Northamptonshire NN1 2HS2
£124K11/230.28 miAlpha House, Flat 114, Broad Street, Northampton, West Northamptonshire NN1 2HS2
£124K03/210.29 miFlat 5, St. Andrews Court, St Andrews Street, Northampton, Northamptonshire NN1 2HH2
£123K12/220.29 miFlat 7, St. Andrews Court, St Andrews Street, Northampton, West Northamptonshire NN1 2HH2
£143K12/220.29 miFlat 1, St. Andrews Court, St Andrews Street, Northampton, West Northamptonshire NN1 2HH2
£67.5K01/240.29 miFlat 13, St. Andrews Court, St Andrews Street, Northampton, West Northamptonshire NN1 2HH2
£122K12/220.29 miFlat 55, Albion Court, Albion Place, Northampton, West Northamptonshire NN1 1UG2
£100K05/230.3 miFlat 50, Albion Court, Albion Place, Northampton, West Northamptonshire NN1 1UG2
£90K10/230.3 miFlat 20, Albion Court, Albion Place, Northampton, West Northamptonshire NN1 1UG2
£121K11/230.3 miFlat 101, Sigma House, Narrow Lane, Northampton, West Northamptonshire NN1 2JY2
£160K11/210.3 mi100a, Cloutsham Street, Northampton, Northamptonshire NN1 3LN2
£115K10/230.31 miFlat 302, Delta House, St Andrews Street, Northampton, West Northamptonshire NN1 2HA2
£142.5K09/210.32 mi70, Scholars Court, Northampton, Northamptonshire NN1 1ES2
£160K01/230.32 mi55, Scholars Court, Northampton, West Northamptonshire NN1 1ES2
£138.5K02/210.32 mi3, Scholars Court, Northampton, Northamptonshire NN1 1DQ2
£140K11/230.33 mi49, Woolmonger Street, Northampton, West Northamptonshire NN1 1PU2
£90K01/210.34 miRochester Court, 43, Oakley Street, Northampton, Northamptonshire NN1 3EP2
£140K10/210.43 mi129, Exeter Place, Northampton, Northamptonshire NN1 4DQ2
£142K12/200.43 mi47, Exeter Place, Northampton, Northamptonshire NN1 4DQ2
£202K07/230.43 mi24a, St Edmunds Road, Northampton, West Northamptonshire NN1 5ET2
£180K11/210.5 miFlat 11, Victoria House, Billing Road, Northampton, Northamptonshire NN1 5BL2
£180K12/230.5 miFlat 3, Victoria House, Billing Road, Northampton, West Northamptonshire NN1 5BL2
£165K07/210.5 mi5, Beckets View, Northampton, Northamptonshire NN1 5NQ2
£158K08/230.5 mi65, Beckets View, Northampton, West Northamptonshire NN1 5NQ2
£173K03/230.51 mi25, Bedford Road, Northampton, West Northamptonshire NN1 5NG2
£175K01/210.52 miFlat 11, Bradgate House, Billing Road, Northampton, Northamptonshire NN1 5BH2
£168K02/230.53 mi8, Beckets View, Northampton, West Northamptonshire NN1 5NJ2
£75K07/210.53 mi136, Beckets View, Northampton, Northamptonshire NN1 5NJ2
£165K06/230.53 mi62, Beckets View, Northampton, West Northamptonshire NN1 5NJ2
£140K04/210.56 mi5a, Talbot Road, Northampton, Northamptonshire NN1 4HZ2
£191.3K01/230.56 mi1b, Langham Place, Northampton, West Northamptonshire NN2 6AA2
£125K06/210.59 mi9, Johnson Court, Northampton, Northamptonshire NN4 8GJ2
£157.5K06/230.59 mi41, Johnson Court, Northampton, West Northamptonshire NN4 8GJ2
£350K09/210.6 mi2, Marriott Street, Semilong, Northampton, Northamptonshire NN2 6AW2
£145K01/230.6 mi30, Lion Court, Northampton, West Northamptonshire NN4 8GR2
£165K10/220.6 mi1, Lion Court, Northampton, West Northamptonshire NN4 8GR2
£155K02/230.6 mi69, Lion Court, Northampton, West Northamptonshire NN4 8GR2
£155K11/220.6 mi7, Lion Court, Northampton, West Northamptonshire NN4 8GR2
£150K08/230.6 mi67, Lion Court, Northampton, West Northamptonshire NN4 8GR2
£135K06/210.61 mi48, Cliftonville Court, Northampton, Northamptonshire NN1 5BZ2

Local Rents

52 rents from £800/mo to £1.6K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£1,00011/240 mi-2
£97502/250 mi-2
£1,00011/240 mi-2
£95002/240 mi-2
£1,10006/240.02 miNorthampton House, Wellington Street, Northampton, NN1 3NA2
£1,10006/240.02 miNorthampton House, Wellington Street, Northampton, NN1 3NA2
£1,10006/240.02 miNorthampton House, Wellington Street, NN1 2
£1,05006/240.02 miNorthampton House, Wellington Street, Northampton, NN1 3NB2
£1,15008/240.07 miNotre Dame Mews, Northampton, NN12
£1,10007/240.12 miAbington Street, Town Centre - NN12
£1,20007/240.13 miDychurch Lane, Northampton2
£1,15003/250.14 mi-2
£1,17504/250.14 mi-2
£1,00007/240.14 miFlat 2 113 Overstone Road, Northampton, NN12
£1,17506/240.17 miOverstone Road, NORTHAMPTON2
£1,00003/240.17 miThe Viewpoint, 50a Sheep Street, Northampton, NN12
£92506/240.18 miThe Parade, NORTHAMPTON2
£80008/240.18 mi2 Bedroom Apartment - Sheep Street, NN12
£85009/240.18 mi2 Bed Flat, Sheep Street, Northampton2
£95006/240.18 miMarket Square, Northampton, NN12
£1,25008/240.18 miSheep Street, Northampton, Northamptonshire, NN12
£1,27506/240.19 miDerngate, Northampton2
£1,20007/240.19 miDerngate, Northampton2
£1,10006/240.19 miSheep Street, Northampton, NN12
£1,10007/240.19 miSheep Street, Northampton, NN12
£1,10008/240.19 miSheep Street, Northampton, NN12
£1,15010/240.2 mi-2
£1,20004/250.2 mi-2
£95006/240.21 miCranstoun Street, The Mounts, Northampton NN12
£90007/240.21 miHazelwood Road, NORTHAMPTON2
£1,15008/240.21 miTheatre Court, Derngate - NN12
£1,05008/240.21 miDerngate, Town Centre - NN12
£1,10008/240.21 miDerngate, Northampton2
£1,05008/240.21 miDerngate, Northampton2
£95010/240.21 mi-2
£99512/240.21 mi-2
£1,15006/240.21 mi-2
£1,10004/250.21 mi-2
£1,60007/240.21 mi-2
£1,10008/240.21 miTheatre Court, Derngate - NN12
£89503/240.21 miMarlborough House, Hazelwood Road, Northampton, NN12
£89508/240.21 miMarlborough House, Hazelwood Road, Northampton, NN12
£97506/240.21 mi24 Abington Square, NORTHAMPTON2
£1,55008/240.21 miAbington Square, NORTHAMPTON2
£1,50008/240.21 miAbington Square, Northamptonshire2
£1,20009/240.22 mi-2
£89508/240.22 miDuplex Two Bedroom with Study/Office Room2
£89508/240.22 miDuplex Two Bedroom with Study/Office Room2
£89507/240.23 mi49-53 Sheep Street, Town Centre2
£1,35012/240.23 mi-2
£1,35012/240.23 mi-2
£1,35012/240.23 mi-2

Local Area Statistics

Population in NN1

29,170

Population in Northampton

281,924

Town centre distance

0.18 miles away

Nearest school

0.10 miles away

Nearest train station

0.59 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+57%

Sales demand

Balanced market

Capital growth (5yrs)

+20%

Property History

Listed for £85,000

May 9, 2024

Floor Plans

Description

  • Sold via Secure Sale +
  • Immediate ‘exchange of contracts’ available +
  • Two Bedroom Apartment +
  • Ensuite & Family Bathroom +
  • Allocated Car Parking Space +
  • 24 Hour Gym Access +
  • Town Centre Location +
  • Walking Distance to Train Station & Hospital +

Being Sold via Secure Sale online bidding. Terms & Conditions apply. Starting Bid £85,000 Edward Knight Estate Agents are delighted to offer for sale this well presented two bedroom apartment situated on Wellington Street in the Heart of Northampton Town centre, within walking distance to both Hospital and Train Station. This well-presented and spacious apartment is situated on the 4th floor with benefits including two double bedrooms, spacious lounge, balcony and allocated parking. The property comprises of an entrance hall, open-plan kitchen/living area with access to a balcony, primary bedroom with en-suite shower room and fitted wardrobe, a further bedroom with fitted wardrobe, bathroom complete suite. The property comes with underground secured parking, double glazing, well-maintained electric heating and 24-hour gym access.

Agent Details

Edward Knight Estate Agents, Northampton

01604 279208

Next Steps?

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