3 Bed Terraced House, Refurb/BRRR, Northampton, NN3 8UU, £165,000

Greatfield Court, Northampton, NN3 8UU - 1 views - 8 months ago

Sold STC
Refurb/BRRR
ROI: 5%
~82 m²
+4 photos

ValuationFair Value

Sold Prices£153K - £495K
Sold Prices/m²£1.7K/m² - £3.6K/m²

 

 

Square Metres

~82.20 m²
Price/m²£2K/m²

Value Estimate

£166,650

 

 

End Value (After Refurb)

£192,494

Uplift in Value

+17%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£41,250

Stamp Duty & Legal Fees

£6,150

Refurb Costs

£36,376

Bridging Loan Interest

£4,331

Total Cash In

£89,857

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£192,494

Mortgage (After Refinance)

£144,370

Mortgage LTV

75%

Cash Released

£20,620

Cash Left In

£69,237

Equity

£48,123

Rent Range

£450 - £2,995

Rent Estimate

£1,227

Running Costs/mo

£867

Cashflow/mo

£360

Cashflow/yr

£4,321

ROI

5%

Gross Yield

9%

Local Sold Prices

50 sold prices from £153K to £495K, average is £210K. £1.7K/m² to £3.6K/m², average is £2.3K/m².

PriceDateDistanceAddressBeds 
£195K04/230.07 mi34, Sidebrook Court, Northampton, West Northamptonshire NN3 8UT3
£172.5K05/210.07 mi37, Sidebrook Court, Northampton, Northamptonshire NN3 8UT3
£218K04/230.11 mi12, Lower Meadow Court, Northampton, West Northamptonshire NN3 8AU3
£167.5K08/210.14 mi47, Nicholls Court, Northampton, West Northamptonshire NN3 8AP3
£179K11/230.15 mi1, Arbour View Court, Northampton, West Northamptonshire NN3 8AR3
£185K05/210.16 mi46, Crestwood Gardens, Northampton, Northamptonshire NN3 8TZ3
£245K01/230.16 mi16, Crestwood Gardens, Northampton, West Northamptonshire NN3 8TZ3
£180K03/240.19 mi67, Farm Field Court, Northampton, West Northamptonshire NN3 8AQ3
£200K02/210.2 mi10, Pindar Rise, Northampton, Northamptonshire NN3 8YD3
£240K09/210.2 mi43, Chatsworth Avenue, Northampton, Northamptonshire NN3 8JD3
£220K03/240.2 mi3, Chatsworth Avenue, Northampton, West Northamptonshire NN3 8JD3
£235K04/210.2 mi4, Chatsworth Avenue, Northampton, Northamptonshire NN3 8JD3
£210K10/210.21 mi18, Laceby Walk, Northampton, Northamptonshire NN3 8PN3
£210K12/220.21 mi61, Booth Meadow Court, Northampton, West Northamptonshire NN3 8AJ3
£226K08/210.21 mi7, Retford Court, Northampton, West Northamptonshire NN3 8QW3
£160K03/210.21 mi62, Booth Meadow Court, Northampton, Northamptonshire NN3 8AJ3
£220K01/210.23 mi7, Goldenash Court, Northampton, Northamptonshire NN3 8JE3
£205K02/210.24 mi12, Watermeadow Drive, Northampton, Northamptonshire NN3 8PL3
£185K11/200.24 mi28, Watermeadow Drive, Northampton, Northamptonshire NN3 8PL3
£213K03/240.24 mi9, Watermeadow Drive, Northampton, West Northamptonshire NN3 8PL3
£153K05/210.27 mi16, Holmecross Road, Northampton, West Northamptonshire NN3 8AW3
£165K03/210.27 mi12, Streambank Road, Northampton, West Northamptonshire NN3 8YG3
£297K05/230.33 mi12, Clock Tower Court, Northampton, West Northamptonshire NN3 8YP3
£213K11/200.33 mi18, Clock Tower Court, Northampton, Northamptonshire NN3 8YP3
£210K10/230.33 mi24, Teesdale, Northampton, West Northamptonshire NN3 5DH3
£200K01/230.33 mi47, Teesdale, Northampton, West Northamptonshire NN3 5DH3
£330K02/230.35 mi29, Heather Lane, Northampton, West Northamptonshire NN3 8EY3
£190K11/200.36 mi79, Wade Meadow Court, Northampton, Northamptonshire NN3 8NB3
£161K03/210.36 mi3, Jasper Walk, Northampton, Northamptonshire NN3 8YN3
£235K08/210.37 mi26, Heather Lane, Northampton, Northamptonshire NN3 8EY3
£175K04/210.37 mi47, Wade Meadow Court, Northampton, Northamptonshire NN3 8ND3
£215K08/230.37 mi35, Poppyfield Court, Northampton, West Northamptonshire NN3 8NG3
£178K02/210.39 mi1, Duckworth Dell, Northampton, Northamptonshire NN3 5DG3
£210K12/220.4 mi3, Donellan Green, Northampton, West Northamptonshire NN3 5DJ3
£190K12/220.43 mi15, Rillwood Court, Northampton, West Northamptonshire NN3 8JA3
£307.5K01/230.44 mi70, Woodside Avenue, Northampton, West Northamptonshire NN3 6JW3
£225K11/230.44 mi6, Nethermead Court, Northampton, West Northamptonshire NN3 8NF3
£495K11/200.45 mi96, Lumbertubs Lane, Northampton, Northamptonshire NN3 6AH3
£250K04/230.45 mi34, Lumbertubs Lane, Northampton, West Northamptonshire NN3 6AH3
£195K10/210.46 mi7, Medellin Hill, Northampton, Northamptonshire NN3 5DF3
£181K05/210.46 mi18, Medellin Hill, Northampton, Northamptonshire NN3 5DF3
£174K11/210.46 mi15, Arbour Court, Northampton, West Northamptonshire NN3 8HB3
£180K11/200.48 mi10, Longueville Court, Northampton, Northamptonshire NN3 8HJ3
£365K11/200.49 mi56, Woodside Avenue, Northampton, Northamptonshire NN3 6JW3
£186K05/210.49 mi18, Spelhoe Street, Northampton, Northamptonshire NN3 5AX3
£195K07/230.49 mi13, Spelhoe Street, Northampton, West Northamptonshire NN3 5AX3
£210K07/230.52 mi1, Brackenfield Square, Northampton, West Northamptonshire NN3 5AS3
£300K12/230.52 mi18, Greenway Avenue, Northampton, West Northamptonshire NN3 6JP3
£230K12/230.52 mi67, Woodside Avenue, Northampton, West Northamptonshire NN3 6JL3
£275K11/230.52 mi21, Woodside Avenue, Northampton, West Northamptonshire NN3 6JL3

Local Rents

31 rents from £450/mo to £3K/mo, average is £1.3K/mo.

RentDateDistanceAddressBeds 
£1,20008/240.11 miMidfield Court, Thorplands, Northampton, NN33
£1,20006/240.18 miDairy Meadow Court, Thorplands - NN33
£1,25008/240.18 mi-3
£1,25010/240.18 mi-3
£99506/240.23 miGreat Holme Court, Thorplands, Northampton NN33
£1,17508/240.26 miBooth Meadow Court, Northampton, Northamptonshire, NN33
£1,30004/250.28 mi-3
£1,17507/240.29 miBooth Meadow Court, Thorplands, Northampton NN33
£1,35011/240.31 mi-3
£95007/240.34 miTeesdale, Northampton, NN33
£1,05006/240.38 miDonellan Green, Southfields, Northampton NN33
£1,25006/240.45 miLongueville Court, Lumbertubs, Northampton NN33
£95006/240.45 miMedellin Hill, Southfields, Northampton, Northamptonshire, NN33
£1,27512/240.45 mi-3
£1,35012/240.46 mi-3
£1,35012/240.46 mi-3
£2,99502/250.47 mi-3
£1,25007/240.48 miOld Quarry Court, Lumbertubs, Northampton NN3 8HN3
£1,25008/240.49 miOld Quarry Court, Northampton, Northamptonshire, NN3 8HN3
£1,25008/240.49 miOld Quarry Court, Lumbertubs, Northampton, Northamptonshire, NN3 8HN3
£1,67503/250.53 mi-3
£1,05007/240.53 mi-3
£1,25008/240.55 miEsher Court, Northampton3
£1,10006/240.55 miBarnhill Square, Southfields, Northampton NN33
£45008/240.55 miHangerfield Court, Northampton, Northamptonshire, NN3 8LL3
£1,35008/240.55 miHangerfield Court, Northampton, Northamptonshire, NN3 8LL3
£1,35008/240.55 miHangerfield Court, Lings, Northampton, Northamptonshire, NN3 8LL3
£1,15008/240.55 miEllfield Court, Lings - NN33
£1,05006/240.61 miNorthampton3
£1,25008/240.62 miWysall Road, Northampton, Northamptonshire, NN3 8TP3
£1,25008/240.62 miWysall Road, The Glades, Northampton, Northamptonshire, NN3 8TP3

Local Area Statistics

Population in NN3

68,971

Population in Northampton

281,924

Town centre distance

3.03 miles away

Nearest school

0.10 miles away

Nearest train station

3.73 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+46%

Sales demand

Seller's market

Capital growth (5yrs)

+29%

Property History

Listed for £165,000

August 16, 2024

Floor Plans

Description

  • Three bedroom mid terrace property +
  • In need of modernisation +
  • Sitting room and separate dining room +
  • Ground floor WC +
  • Gas radiator heating +
  • No chain +

A three bedroom mid terrace property in need or modernisation. The property comprises entrance hall, cloakroom, sitting room, separate dining room, kitchen. To the first floor there three bedrooms and bathroom. Outside is a front garden & enclose rear garden. Benefits from gas radiator heating.
Offered with no chain. Disclaimer Whilst we make enquiries with the Seller to ensure the information provided is accurate, Yopa makes no representations or warranties of any kind with respect to the statements contained in the particulars which should not be relied upon as representations of fact. All representations contained in the particulars are based on details supplied by the Seller. Your Conveyancer is legally responsible for ensuring any purchase agreement fully protects your position. Please inform us if you become aware of any information being inaccurate. Money Laundering Regulations Should a purchaser(s) have an offer accepted on a property marketed by Yopa, they will need to undertake an identification check and asked to provide information on the source and proof of funds. This is done to meet our obligation under Anti Money Laundering Regulations (AML) and is a legal requirement. We use a specialist third party service together with an in-house compliance team to verify your information. The cost of these checks is £70 +VAT per purchase, which is paid in advance, when an offer is agreed and prior to a sales memorandum being issued. This charge is non-refundable under any circumstances.

Agent Details

Yopa, East Anglia & London

01270 447764

Next Steps?

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