3 Bed Terraced House, Single Let, Northampton, NN3 2SR, £187,500

Danefield Road, Northampton, NN3 2SR - 6 months ago

Sold STC
BTL
ROI: 6%
~93 m²
+8 photos

ValuationUndervalued

Sold Prices£147.5K - £375K
Sold Prices/m²£1.8K/m² - £3.7K/m²

 

 

Square Metres

~93 m²
Price/m²£2K/m²

Value Estimate

£234,375
BMV25%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£46,875

Stamp Duty & Legal Fees

£6,825

Total Cash In

£53,700

 

 

Cash Out

 

Rent Range

£1,095 - £1,850

Rent Estimate

£1,100

Running Costs/mo

£826

Cashflow/mo

£274

Cashflow/yr

£3,289

ROI

6%

Gross Yield

7%

Local Sold Prices

50 sold prices from £147.5K to £375K, average is £262.5K. £1.8K/m² to £3.7K/m², average is £2.8K/m².

PriceDateDistanceAddressBeds 
£265K08/230.07 mi22, Norman Road, Northampton, West Northamptonshire NN3 2SG3
£230K01/210.07 mi68, Norman Road, Northampton, Northamptonshire NN3 2SG3
£242.5K04/210.07 mi16, Norman Road, Northampton, Northamptonshire NN3 2SG3
£280K03/230.11 mi341, Birchfield Road East, Northampton, West Northamptonshire NN3 2SY3
£250K10/230.11 mi307, Birchfield Road East, Northampton, West Northamptonshire NN3 2SY3
£240K12/200.11 mi299, Birchfield Road East, Northampton, Northamptonshire NN3 2SY3
£204K10/230.11 mi309, Birchfield Road East, Northampton, West Northamptonshire NN3 2SY3
£225K02/210.14 mi20, Saxon Street, Northampton, Northamptonshire NN3 2SQ3
£274K08/230.17 mi3, Briton Road, Northampton, West Northamptonshire NN3 2BS3
£215K03/210.17 mi20, Lindsay Avenue, Northampton, West Northamptonshire NN3 2SJ3
£240K08/230.17 mi13, Lindsay Avenue, Northampton, West Northamptonshire NN3 2SJ3
£272K11/210.2 mi63, Bush Hill, Northampton, Northamptonshire NN3 2PD3
£250K04/210.2 mi47, Bush Hill, Northampton, West Northamptonshire NN3 2PD3
£320K08/230.2 mi13, Bush Hill, Northampton, West Northamptonshire NN3 2PD3
£275K03/210.2 mi51, Bush Hill, Northampton, Northamptonshire NN3 2PD3
£325K07/230.2 mi17, Bush Hill, Northampton, West Northamptonshire NN3 2PD3
£200K12/220.2 mi11, Wheatfield Road South, Northampton, West Northamptonshire NN3 2HH3
£361K01/230.2 mi51, Bush Hill, Northampton, West Northamptonshire NN3 2PD3
£295K01/230.21 mi23, Wheatfield Gardens, Northampton, West Northamptonshire NN3 2NF3
£250K03/210.21 mi23, Wheatfield Gardens, Northampton, Northamptonshire NN3 2NF3
£350K11/230.22 mi82, Bush Hill, Northampton, West Northamptonshire NN3 2PE3
£272.5K01/230.23 mi94, The Headlands, Weston Favell, Northampton, West Northamptonshire NN3 2NY3
£217K04/210.27 mi165, Broadway East, Northampton, West Northamptonshire NN3 2PR3
£280K03/230.27 mi12, Fullingdale Road, Northampton, West Northamptonshire NN3 2QA3
£250K09/230.28 mi2, Danewood Gardens, Northampton, West Northamptonshire NN3 2LU3
£265K04/240.29 mi19, Beech Avenue, Northampton, West Northamptonshire NN3 2HE3
£252K03/210.29 mi138, The Headlands, Northampton, Northamptonshire NN3 2NY3
£288K01/240.29 mi126, The Headlands, Weston Favell, Northampton, West Northamptonshire NN3 2NY3
£293K03/230.29 mi90, The Headlands, Weston Favell, Northampton, West Northamptonshire NN3 2NY3
£295K01/230.3 mi70, Beech Avenue, Northampton, West Northamptonshire NN3 2JG3
£260K02/210.3 mi4, Sandiland Road, Northampton, Northamptonshire NN3 2QD3
£299K12/220.3 mi66, Sandiland Road, Northampton, West Northamptonshire NN3 2QD3
£147.5K04/230.3 mi20, Cherry Orchard Place, Weston Favell, Northampton, West Northamptonshire NN3 2TL3
£297K11/230.3 mi94, Beech Avenue, Northampton, West Northamptonshire NN3 2JG3
£230K11/200.3 mi51, Beech Avenue, Northampton, Northamptonshire NN3 2JG3
£259.8K09/210.31 mi1, Fullingdale Road, Northampton, Northamptonshire NN3 2PZ3
£375K08/230.32 mi20, Lime Avenue, Northampton, West Northamptonshire NN3 2HB3
£242K08/230.33 mi97, Wheatfield Road, Northampton, West Northamptonshire NN3 2ND3
£273.5K12/220.33 mi102, Beech Avenue, Northampton, West Northamptonshire NN3 2JQ3
£170K07/210.33 mi377, Birchfield Road East, Northampton, West Northamptonshire NN3 2TA3
£155K09/210.36 mi83, Beech Avenue, Northampton, West Northamptonshire NN3 2JQ3
£222.5K02/230.36 mi116, Beech Avenue, Northampton, West Northamptonshire NN3 2JQ3
£285K08/230.36 mi138, Beech Avenue, Northampton, West Northamptonshire NN3 2JQ3
£242K05/230.37 mi55, Whiteland Road, Northampton, West Northamptonshire NN3 2QG3
£375K01/210.37 mi8, Meadway, Northampton, Northamptonshire NN3 3BP3
£340K02/240.37 mi556, Wellingborough Road, Northampton, West Northamptonshire NN3 3JA3
£275K03/210.37 mi156, Cedar Road East, Northampton, Northamptonshire NN3 2JF3
£250K12/200.37 mi126, Cedar Road East, Northampton, Northamptonshire NN3 2JF3
£220K12/200.37 mi176, Cedar Road East, Northampton, Northamptonshire NN3 2JF3
£272K02/210.37 mi110, Cedar Road East, Northampton, Northamptonshire NN3 2JF3

Local Rents

33 rents from £1.1K/mo to £1.9K/mo, average is £1.3K/mo.

RentDateDistanceAddressBeds 
£1,15006/240.11 miBirchfield Road East, Northampton3
£1,30006/240.13 miLindsay Avenue, Abington, Northampton, NN33
£1,50006/240.17 mi-3
£1,09507/240.17 miLindsay Avenue, Northampton3
£1,60006/240.21 miAbington Park Crescent, Abington3
£1,40003/250.25 mi-3
£1,60006/240.26 miBeech Avenue, Abington - NN33
£1,62508/240.26 miBeech Avenue, Abington - NN33
£1,50001/250.27 mi-3
£1,30006/240.29 miBeech Avenue, NORTHAMPTON3
£1,30006/240.29 miThe Headlands Northampton3
£1,20003/250.31 mi-3
£1,20004/250.36 mi-3
£1,25006/240.39 miCedar Road East, Abington, Northampton NN3 2JF3
£1,32506/240.39 miBroadway East, Abington, Northampton, NN33
£1,30006/240.43 miBeech Avenue, , Northampton NN3 2JN3
£1,39506/240.46 miWeston Way, Weston Favell Village, Northampton3
£1,15008/240.47 miBroadmead Avenue, Northampton, NN33
£1,10009/240.47 mi-3
£1,60007/240.55 miChurch Way, Weston Favel, Northampton3
£1,35006/240.56 miMayfield Road, Northampton, NN33
£1,35006/240.56 miMayfield Road, Northampton, NN33
£1,39507/240.56 mi-3
£1,29508/240.57 mi-3
£1,29506/240.57 miThe Drive, Northampton, NN13
£1,85011/240.57 mi-3
£1,39505/240.57 mi-3
£1,25010/240.58 mi-3
£1,25009/240.59 miThe Drive, Northampton, Northamptonshire, NN13
£1,15008/240.59 miThe Drive, Northampton3
£1,17508/240.6 miBrookland Road, Kingsley, Northampton, NN13
£1,50003/250.61 mi-3
£1,30007/240.61 miAshburnham Road, Northampton NN1 4RA3

Local Area Statistics

Population in NN3

68,971

Population in Northampton

281,924

Town centre distance

1.54 miles away

Nearest school

0.40 miles away

Nearest train station

2.28 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+46%

Sales demand

Seller's market

Capital growth (5yrs)

+29%

Property History

Listed for £187,500

September 27, 2024

Sold for £135,000

2007

Floor Plans

Description

  • Double Glazing +
  • No Onward Chain +
  • Three good-sized bedrooms +
  • Spacious living areas +
  • Large garden space +
  • Quiet and family-friendly neighborhood +
  • Close to schools, shops and transport links +

Located in a prime location, this three bedroom property offers immense potential for those looking to create their dream home or for savvy investors seeking a valuable project.
In need of refurbishment, the house provides a blank canvas to design and renovate according to your style and need.
In brief, on the ground floor the property comprises lounge/dining area, kitchen that leads to a large rear garden.
On the first floor there are two double bedrooms, a generous single bedroom, a bathroom with separate toilet.
Why this property? Whether you are a family looking for your next home or an investor seeking a great opportunity, this property holds endless possibilities. Once refurbished, it could be transformed into a stylish family residence or a high-yielding rental.
Don't miss out- Book your viewing today and explore the potential of this fantastic property!

Council Tax Band: A
Tenure: Freehold

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 💪