3 Bed Semi-Detached House, Refurb/BRRR, Northampton, NN3 6EB, £200,000

Druids Way, Parklands, NN3 6EB - 9 views - 6 months ago

Sold STC
Refurb/BRRR
ROI: 5%
~93 m²
+4 photos

ValuationFair Value

Sold Prices£192K - £415K
Sold Prices/m²£2.1K/m² - £5.2K/m²

 

 

Square Metres

~93 m²
Price/m²£2.2K/m²

Value Estimate

£204,000

 

 

End Value (After Refurb)

£316,924

Uplift in Value

+58%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£50,000

Stamp Duty & Legal Fees

£7,200

Refurb Costs

£41,155

Bridging Loan Interest

£5,250

Total Cash In

£105,355

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Estimated Sale Price

£316,924

Agent Fees (1%)

£3,169

Bridging Loan

£150,000

Bridging Loan Interest

£5,250

Flip Profit

£58,400

Local Sold Prices

50 sold prices from £192K to £415K, average is £265.3K. £2.1K/m² to £5.2K/m², average is £3.1K/m².

PriceDateDistanceAddressBeds 
£290K09/210.11 mi56, Woodcote Avenue, Northampton, Northamptonshire NN3 6ER3
£245K01/210.11 mi65, Woodcote Avenue, Northampton, Northamptonshire NN3 6ER3
£265K09/230.12 mi11, Woodcote Avenue, Northampton, West Northamptonshire NN3 6DU3
£280K12/230.12 mi31, Woodcote Avenue, Northampton, West Northamptonshire NN3 6DU3
£220K02/210.12 mi18, Woodcote Avenue, Northampton, Northamptonshire NN3 6DU3
£320K12/230.14 mi30, Stowe Walk, Northampton, West Northamptonshire NN3 6EE3
£192K11/200.14 mi17, Mallory Walk, Northampton, Northamptonshire NN3 6EH3
£230K01/240.15 mi154, Coppice Drive, Northampton, West Northamptonshire NN3 6NG3
£265.5K09/210.18 mi17, Lavant Walk, Northampton, Northamptonshire NN3 6EL3
£215K11/200.21 mi14, Thruxton Drive, Northampton, Northamptonshire NN3 6ES3
£225K07/230.22 mi3, Parklands Crescent, Northampton, West Northamptonshire NN3 6DT3
£218K11/200.23 mi125, Spinney Hill Road, Northampton, Northamptonshire NN3 6DQ3
£285K11/210.24 mi4, Thruxton Drive, Northampton, Northamptonshire NN3 6ES3
£222K04/210.27 mi168, Spinney Hill Road, Northampton, Northamptonshire NN3 6DN3
£267.5K01/240.27 mi194, Spinney Hill Road, Northampton, West Northamptonshire NN3 6DP3
£275K04/210.27 mi33, Aintree Road, Northampton, Northamptonshire NN3 6EA3
£228.5K05/210.29 mi87, Coppice Drive, Northampton, West Northamptonshire NN3 6NH3
£280K09/210.35 mi66, Reedway, Northampton, Northamptonshire NN3 6BT3
£215K08/230.35 mi23, Reedway, Northampton, West Northamptonshire NN3 6BT3
£318K06/210.36 mi3, Spinney Hill Crescent, Northampton, Northamptonshire NN3 6DL3
£278K01/210.39 mi38, Spinney Hill Road, Northampton, Northamptonshire NN3 6DJ3
£275K10/210.47 mi21, Highlands Avenue, Northampton, Northamptonshire NN3 6BG3
£297.5K12/210.47 mi6, Ennerdale Road, Northampton, Northamptonshire NN3 6BD3
£240K02/210.47 mi36, Ennerdale Road, Northampton, Northamptonshire NN3 6BD3
£340K01/240.48 mi465, Kettering Road, Northampton, West Northamptonshire NN3 6QU3
£203K10/200.54 mi33, Hollingside Drive, Northampton, Northamptonshire NN2 7NN3
£230K10/200.57 mi43, Bankside, Northampton, Northamptonshire NN2 7NG3
£265K11/200.58 mi20, Howards Way, Northampton, Northamptonshire NN3 6RP3
£218K03/210.59 mi42, Hoylake Drive, Northampton, Northamptonshire NN2 7NL3
£225K11/220.59 mi52, Holdenby Road, Northampton, West Northamptonshire NN2 7RX3
£295K08/230.59 mi74, Hoylake Drive, Northampton, West Northamptonshire NN2 7NL3
£255K02/210.59 mi31, Brad Street, Northampton, Northamptonshire NN3 6RQ3
£220K10/200.59 mi33, Hoylake Drive, Northampton, Northamptonshire NN2 7NJ3
£270K03/210.6 mi2, Heatherdale Way, Northampton, Northamptonshire NN2 7NY3
£275K11/220.6 mi6, Brockhall Close, Northampton, West Northamptonshire NN2 7RZ3
£285K12/220.64 mi533, Kettering Road North, Northampton, West Northamptonshire NN3 6HA3
£385K03/210.65 mi16, Hillcrest Avenue, Northampton, Northamptonshire NN3 2AB3
£380K06/230.65 mi18, Hillcrest Avenue, Northampton, West Northamptonshire NN3 2AB3
£278K06/210.65 mi6, Briscoe Close, Northampton, Northamptonshire NN2 8XH3
£260K04/210.65 mi5, Briscoe Close, Northampton, Northamptonshire NN2 8XH3
£272.5K11/200.65 mi18, Eastern Close, Northampton, Northamptonshire NN2 7AU3
£270K12/200.65 mi15, Eastern Close, Northampton, Northamptonshire NN2 7AU3
£265K12/220.67 mi194, Eastern Avenue North, Northampton, West Northamptonshire NN2 7AT3
£225K06/210.67 mi188, Eastern Avenue North, Northampton, West Northamptonshire NN2 7AT3
£415K01/230.67 mi47, Dixon Road, Northampton, West Northamptonshire NN2 8XE3
£285K08/210.68 mi24, Dixon Road, Northampton, Northamptonshire NN2 8XE3
£218K01/210.68 mi6, Dixon Road, Northampton, Northamptonshire NN2 8XE3
£400K08/230.69 mi29, Greenfield Avenue, Northampton, West Northamptonshire NN3 2AA3
£255K01/210.69 mi216, Hazeldene Road, Northampton, Northamptonshire NN2 7NH3
£247K03/210.69 mi218, Hazeldene Road, Northampton, West Northamptonshire NN2 7NH3

Local Rents

12 rents from £1.3K/mo to £3.4K/mo, average is £1.4K/mo.

RentDateDistanceAddressBeds 
£3,40008/240.08 mi-3
£3,40001/250.08 mi-3
£1,29506/240.17 miWoodcote Avenue, Parklands, Northampton, NN33
£1,35007/240.27 miCampus Drive, Kingsthorpe, NN2 7FW3
£1,50006/240.35 miFawsley Way, Kingsthorpe, NN2 7FT3
£1,45003/250.36 mi-3
£1,35006/240.38 mi-3
£1,40007/240.4 miAlwyn Close, Northampton, NN2 7GD3
£1,35006/240.41 miCampus Drive, Kingsthorpe, Northampton NN2 7FW3
£1,40003/250.53 mi-3
£1,50006/240.55 miManderville Close, Northampton, Northamptonshire, NN33
£1,30006/240.58 miHowards Way, Northampton, NN33

Local Area Statistics

Population in NN3

68,971

Population in Northampton

281,924

Town centre distance

2.11 miles away

Nearest school

0.20 miles away

Nearest train station

2.63 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+46%

Sales demand

Seller's market

Capital growth (5yrs)

+29%

Property History

Listed for £200,000

September 28, 2024

Floor Plans

Description

  • No Chain +
  • Investment Opportunity +
  • In Need Of Modernisation +
  • Semi-Detached Property +
  • Two/Three Bedrooms +
  • Single Detached Garage +
  • Energy Efficiency Rating: TBC +
  • Council Tax Band +

Situated in the sought-after location of Parklands, Northampton, this two/three bedroom semi-detached property is offered for sale with no chain. The property is in need of a full refurbishment, making it a great investment opportunity for somebody wishing to add value to the property. The local area offers numerous amenities, and Northampton School for Girls is just a short walk away. The accommodation comprises an entrance hall, living room, kitchen, dining room/bedroom three, and a bathroom on the ground floor. On the first floor, there are two good-sized double bedrooms. Outside, there is a driveway to the front with space for several vehicles, a rear garden, and a detached garage. Ground Floor Hallway - 2.58m x 1.73m (8'5" x 5'8") Entry via a part glazed uPVC door, obscure double glazed window to the side aspect, radiator, stairs rising to the first floor and doors to; Living Room - 4.67m x 2.83m (15'3" x 9'3") Double glazed window to the rear aspect and a part glazed door to the rear aspect leading out into the garden. Kitchen - 3.89m x 1.98m (12'9" x 6'5") Fitted a base unit with sink and drainer above. Part obscured glazed door to the rear aspect and double glazed windows to the rear and side aspect. Dining Room/Bedroom - 3.33m x 3.28m (10'11" x 10'9") Double glazed window to the front aspect, built-in under-stairs storage cupboard. Bathroom - 2.32m x 1.67m (7'7" x 5'5") Fitted with a three piece suite comprising of, a bath tub with shower over, low level W.C and a wash hand basin. Tiled splash back areas, obscure double glazed window to the side aspect. First Floor Landing Doors to; Bedroom - 4.71m x 2.43m (15'5" x 7'11") Double glazed window to the rear aspect, radiator, eaves storage space, loft access. Bedroom - 3.32m x 2.45m (10'10" x 8'0") Double glazed window to the front aspect, radiator, built-in storage cupboard. Externally Front Garden Tree and shrub borders, off road parking to the side leading to a single detached garage. Rear Garden Part enclosed with timber fencing and with tree and shrub borders. Garage A single garage with up and over door.

Agent Details

Jon & Co, Northampton

01604 279802

Next Steps?

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