2 Bed Bungalow, Refurb/BRRR, Northampton, NN3 7RE, £225,000

30 Ryland Road, Northamptonshire, NN3 7RE - 6 months ago

Sold STC
Refurb/BRRR
ROI: 1%
~68 m²
+3 photos

ValuationFair Value

Sold Prices£143K - £382.3K
Sold Prices/m²£1.9K/m² - £5.4K/m²

 

 

Square Metres

~68.11 m²
Price/m²£3.3K/m²

Value Estimate

£221,062

 

 

End Value (After Refurb)

£222,705

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£56,250

Stamp Duty & Legal Fees

£7,950

Refurb Costs

£30,141

Bridging Loan Interest

£5,906

Total Cash In

£101,997

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£222,705

Mortgage (After Refinance)

£167,029

Mortgage LTV

75%

Cash Left In

£101,997

Equity

£55,676

Rent Range

£845 - £1,350

Rent Estimate

£995

Running Costs/mo

£915

Cashflow/mo

£80

Cashflow/yr

£961

ROI

1%

Gross Yield

5%

Local Sold Prices

44 sold prices from £143K to £382.3K, average is £230.5K. £1.9K/m² to £5.4K/m², average is £3.6K/m².

PriceDateDistanceAddressBeds 
£220K12/200 mi26, Ryland Road, Moulton, Northampton, Northamptonshire NN3 7RE2
£250K04/230.08 mi10, Greenwood Close, Moulton, Northampton, West Northamptonshire NN3 7RD2
£250K06/230.09 mi50, Fuller Road, Moulton, Northampton, West Northamptonshire NN3 7QZ2
£322K12/200.22 mi26, Lunchfield Lane, Moulton, Northampton, Northamptonshire NN3 7AB2
£259K01/210.23 mi8, Southcourt, Moulton, Northampton, Northamptonshire NN3 7BB2
£215.5K10/230.23 mi7, Lunchfield Gardens, Moulton, Northampton, West Northamptonshire NN3 7AP2
£210K03/210.26 mi10, Lunchfield Court, Moulton, Northampton, Northamptonshire NN3 7AJ2
£143K03/240.26 mi6, Lunchfield Court, Moulton, Northampton, West Northamptonshire NN3 7AJ2
£175K12/200.27 mi28, Gayhurst Close, Moulton, Northampton, Northamptonshire NN3 7LQ2
£245K05/240.28 mi1, Ashby Court, Moulton, Northampton, West Northamptonshire NN3 7AH2
£220K09/210.29 mi8, Ashby Gardens, Moulton, Northampton, Northamptonshire NN3 7AG2
£205K12/230.29 mi3, Ashby Gardens, Moulton, Northampton, West Northamptonshire NN3 7AG2
£345K05/230.38 mi40, Northampton Lane South, Moulton, Northampton, West Northamptonshire NN3 7RL2
£193K01/210.41 mi26, Lowick Court, Moulton, Northampton, Northamptonshire NN3 7TZ2
£275K12/220.42 mi54, Oundle Drive, Moulton, Northampton, West Northamptonshire NN3 7DB2
£242.5K02/210.42 mi36, High Street, Moulton, Northampton, Northamptonshire NN3 7SR2
£210K04/230.44 mi23, Cottingham Drive, Moulton, Northampton, West Northamptonshire NN3 7LD2
£202K01/230.46 mi3, Oakley Drive, Moulton, Northampton, West Northamptonshire NN3 7UH2
£267K10/210.46 mi9, Oakham Close, Northampton, West Northamptonshire NN3 7DE2
£230K02/210.48 mi12, Prince Of Wales Row, Moulton, Northampton, Northamptonshire NN3 7UN2
£235K07/230.49 mi22, Oakham Close, Northampton, West Northamptonshire NN3 7DE2
£170K06/210.52 mi10, Arnsby Crescent, Moulton, Northampton, West Northamptonshire NN3 7SL2
£230K11/210.53 mi8, Pytchley View, Moulton, Northampton, Northamptonshire NN3 7UQ2
£337K08/230.54 mi25, Alibone Close, Moulton, Northampton, West Northamptonshire NN3 7WR2
£231K09/230.55 mi2, Russell Square, Moulton, Northampton, West Northamptonshire NN3 7AN2
£382.3K12/200.58 mi58, Ashley Lane, Moulton, Northampton, Northamptonshire NN3 7TJ2
£345K04/230.64 mi14, Tarrant Close, Moulton, Northampton, West Northamptonshire NN3 7UT2
£272.5K06/230.64 mi15, Tarrant Close, Moulton, Northampton, West Northamptonshire NN3 7UT2
£230K06/230.77 mi20, Burford Avenue, Northampton, West Northamptonshire NN3 6AF2
£275K11/230.77 mi14, Burford Avenue, Northampton, West Northamptonshire NN3 6AF2
£257.5K01/240.78 mi30, Bibury Crescent, Northampton, West Northamptonshire NN3 6AG2
£198.5K01/210.78 mi38, Bibury Crescent, Northampton, Northamptonshire NN3 6AG2
£200K03/210.78 mi11, Bibury Crescent, Northampton, Northamptonshire NN3 6AG2
£153K03/210.87 mi17, Jasper Walk, Northampton, Northamptonshire NN3 8YN2
£185K10/230.87 mi18, Jasper Walk, Northampton, West Northamptonshire NN3 8YN2
£265K04/230.89 mi14, Yewtree Court, Northampton, West Northamptonshire NN3 6SF2
£190K11/210.9 mi10, East Bank, Northampton, Northamptonshire NN3 8YR2
£190K11/210.9 mi22, East Bank, Northampton, Northamptonshire NN3 8YR2
£185K07/210.9 mi9, East Bank, Northampton, West Northamptonshire NN3 8YR2
£300K06/230.94 mi18, Lumbertubs Rise, Northampton, West Northamptonshire NN3 6AJ2
£187K01/210.96 mi38, Lorraine Crescent, Northampton, Northamptonshire NN3 6HW2
£255K07/230.97 mi20, Lorraine Crescent, Northampton, West Northamptonshire NN3 6HW2
£295K09/231 mi9, Winston Close, Northampton, West Northamptonshire NN3 6NU2
£370K10/231 mi15, Booth Lane North, Northampton, West Northamptonshire NN3 6JQ2

Local Rents

15 rents from £845/mo to £1.4K/mo, average is £1K/mo.

RentDateDistanceAddressBeds 
£1,00007/240.22 miLunchfield Lane, Moulton - NN32
£1,00007/240.22 miLunchfield Lane, Moulton - NN32
£1,05007/240.24 miLunchfield Gardens, Moulton2
£1,05008/240.24 miLunchfield Gardens, Moulton2
£89509/240.26 miCedar Gate, Manning Road, Moulton2
£1,15006/240.3 miNorthampton Lane South, Moulton, Northampton NN3 7RJ2
£1,15003/250.32 mi-2
£84507/240.43 miHigh Street, Moulton, Northampton NN3 7SR2
£1,35004/250.47 mi-2
£1,00008/240.48 miChurch Street, Moulton, Northampton2
£99506/240.53 miArnsby Crescent, Moulton, Northampton2
£1,05008/240.54 miRussell Square, Moulton, Northampton2
£92502/250.54 mi-2
£95006/240.55 mi-2
£95006/240.55 miBooth Rise, Northampton, NN32

Local Area Statistics

Population in NN3

68,971

Population in Northampton

281,924

Town centre distance

3.25 miles away

Nearest school

0.30 miles away

Nearest train station

3.81 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+46%

Sales demand

Seller's market

Capital growth (5yrs)

+29%

Property History

Listed for £225,000

October 10, 2024

Sold for £60,000

2000

Floor Plans

Description

  • NO CHAIN +
  • Ideal First Time Buy or Investment +
  • Semi Detached Bungalow +
  • Two Bedrooms +
  • Kitchen +
  • LIving Room +
  • Off Road Parking +
  • Generous Rear Garden +
  • Energy Efficiency Rating TBC +
  • Council Tax Band B +

A two-bedroom semi-detached bungalow, situated in Moulton, Northampton, offers convenient access to the village amenities. The accommodation comprises a hallway, living room, kitchen, two bedrooms, and a bathroom. In addition, it features front and rear gardens, with the front garden providing parking space for two vehicles. The property is in need of some updating. Hallway Entry via a glazed uPVC door, loft access, doors to; Living Room - 4.07m x 3.29m (13'4" x 10'9") Double glazed bay window to the front aspect, feature fire-place with gas fire, television point. Bedroom - 3.59m x 3.01m (11'9" x 9'10") Double glazed window to the rear aspect, range of fitted wardrobes. Bedroom - 3.59m x 3.01m (11'9" x 9'10") Double glazed window to the front aspect, wall mounted combination boiler. Kitchen - 2.7m x 2.1m (8'10" x 6'10") Fitted with a range of wall and base mounted units with work surfaces over. Stainless steel sink and drainer. Space for a cooker and fridge/freezer. door to the side and a double glazed window to the rear aspect. Bathroom - 1.82m x 1.67m (5'11" x 5'5") Fitted with a low level WC, pedestal wash hand basin and a panelled bath. Obscure double glazed window to the side aspect. Externally Front Garden A low maintenance front garden with off road parking for two vehicles. Rear Garden Patio area leading to a lawn. Brick built out-building, part enclosed with timber fencing.

Agent Details

Jon & Co, Northampton

01604 279802

Next Steps?

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