3 Bed Terraced House, Refurb/BRRR, Northampton, NN1 4LJ, £240,000

Adams Avenue, Abington, Northampton, NN1 4LJ - 7 views - 6 months ago

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

ValuationOvervalued

Sold Prices£163K - £380K
Sold Prices/m²£1.9K/m² - £2.9K/m²

 

 

Square Metres

~93 m²
Price/m²£2.6K/m²

Value Estimate

£206,902

 

 

End Value (After Refurb)

£228,250

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£60,000

Stamp Duty & Legal Fees

£8,400

Refurb Costs

£41,155

Bridging Loan Interest

£6,300

Total Cash In

£117,605

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£228,250

Mortgage (After Refinance)

£171,188

Mortgage LTV

75%

Cash Left In

£117,605

Equity

£57,063

Rent Range

£495 - £3,400

Rent Estimate

£1,417

Running Costs/mo

£1,017

Cashflow/mo

£400

Cashflow/yr

£4,804

ROI

4%

Gross Yield

7%

Local Sold Prices

50 sold prices from £163K to £380K, average is £229.3K. £1.9K/m² to £2.9K/m², average is £2.3K/m².

PriceDateDistanceAddressBeds 
£232K03/210.01 mi104, Adams Avenue, Northampton, Northamptonshire NN1 4LJ3
£268K12/210.01 mi74, Adams Avenue, Northampton, Northamptonshire NN1 4LJ3
£177K03/210.05 mi95, Whitworth Road, Northampton, West Northamptonshire NN1 4HQ3
£229.5K10/230.08 mi97, Artizan Road, Northampton, West Northamptonshire NN1 4HR3
£290K07/230.09 mi58, Stimpson Avenue, Northampton, West Northamptonshire NN1 4LR3
£275K01/210.09 mi73, Stimpson Avenue, Northampton, Northamptonshire NN1 4LR3
£242K12/200.1 mi15, Adams Avenue, Northampton, Northamptonshire NN1 4LQ3
£285K07/230.1 mi21, Adams Avenue, Northampton, West Northamptonshire NN1 4LQ3
£266K03/210.11 mi25, Whitworth Road, Northampton, Northamptonshire NN1 4HG3
£217K10/230.11 mi41, Whitworth Road, Northampton, West Northamptonshire NN1 4HG3
£325K01/230.13 mi5, Adams Avenue, Northampton, West Northamptonshire NN1 4LQ3
£208K06/210.13 mi47, Turner Street, Northampton, Northamptonshire NN1 4JJ3
£215K08/210.13 mi7, Turner Street, Northampton, Northamptonshire NN1 4JJ3
£240K09/230.13 mi5, Turner Street, Northampton, West Northamptonshire NN1 4JJ3
£205K10/230.13 mi6, Turner Street, Northampton, West Northamptonshire NN1 4JJ3
£180K03/210.14 mi73, Talbot Road, Northampton, Northamptonshire NN1 4HZ3
£245K06/230.14 mi51, Talbot Road, Northampton, West Northamptonshire NN1 4HZ3
£200K08/210.16 mi52, Derby Road, Northampton, Northamptonshire NN1 4JS3
£237K12/210.17 mi8, Monks Park Road, Northampton, Northamptonshire NN1 4LY3
£198K01/210.17 mi75, Derby Road, Northampton, Northamptonshire NN1 4JP3
£205K09/210.17 mi78, Derby Road, Northampton, Northamptonshire NN1 4JS3
£182.5K11/200.17 mi81, Derby Road, Northampton, Northamptonshire NN1 4JP3
£255K02/240.17 mi65, Derby Road, Abington, Northampton, West Northamptonshire NN1 4JP3
£260K01/230.17 mi89, Derby Road, Abington, Northampton, West Northamptonshire NN1 4JP3
£230K04/210.17 mi100, Adnitt Road, Northampton, Northamptonshire NN1 4NG3
£302K09/230.17 mi106, Adnitt Road, Northampton, West Northamptonshire NN1 4NG3
£196.5K03/210.18 mi19, Derby Road, Abington, Northampton, Northamptonshire NN1 4JP3
£189K02/210.19 mi39, Baronson Gardens, Northampton, Northamptonshire NN1 4NZ3
£230K09/210.21 mi11, Allen Road, Northampton, Northamptonshire NN1 4NB3
£218K10/200.21 mi27, Allen Road, Northampton, Northamptonshire NN1 4NB3
£180K04/210.22 mi69, Bouverie Walk, Northampton, Northamptonshire NN1 5SN3
£185K11/200.22 mi27, Bouverie Walk, Northampton, Northamptonshire NN1 5SN3
£197K03/210.22 mi45, Bouverie Walk, Northampton, Northamptonshire NN1 5SN3
£165K04/210.23 mi3, Collins Street, Northampton, West Northamptonshire NN1 4TG3
£229K03/210.24 mi14, Holly Road, Northampton, Northamptonshire NN1 4QR3
£185K09/210.24 mi29, Manfield Road, Northampton, West Northamptonshire NN1 4NW3
£193K04/210.24 mi10, Lea Road, Northampton, Northamptonshire NN1 4PF3
£235K10/230.24 mi18, Lea Road, Northampton, West Northamptonshire NN1 4PF3
£205K01/220.25 mi28, Elizabeth Walk, Northampton, West Northamptonshire NN1 5SS3
£185K06/210.25 mi36, Vernon Walk, Northampton, Northamptonshire NN1 5SU3
£165K11/200.26 mi46, Melbourne Walk, Northampton, Northamptonshire NN1 5SL3
£245K04/210.26 mi52, Holly Road, Northampton, Northamptonshire NN1 4QR3
£310K02/230.26 mi20, Holly Road, Northampton, West Northamptonshire NN1 4QR3
£237K10/210.27 mi63, Purser Road, Northampton, Northamptonshire NN1 4PG3
£232.5K02/230.27 mi99, Purser Road, Northampton, West Northamptonshire NN1 4PG3
£380K08/220.27 mi33, Holly Road, Northampton, West Northamptonshire NN1 4QL3
£163K03/240.28 mi108, Purser Road, Northampton, West Northamptonshire NN1 4PQ3
£273.5K01/230.28 mi152, Adnitt Road, Northampton, West Northamptonshire NN1 4NL3
£230K11/210.28 mi40, Cowper Street, Northampton, Northamptonshire NN1 3QR3
£204K04/210.28 mi15, Cowper Street, Northampton, Northamptonshire NN1 3QR3

Local Rents

51 rents from £495/mo to £3.4K/mo, average is £1.3K/mo.

RentDateDistanceAddressBeds 
£1,05006/240.05 miWhitworth Road, Abington, Northampton NN13
£1,40003/250.07 mi-3
£1,25001/250.09 mi-3
£1,40012/240.09 mi-3
£1,30006/240.1 miWhitworth Road, Abington, NN13
£1,20006/240.1 miWhitworth Road, Northampton, West Northamptonshire, NN13
£1,30008/240.11 miPerry Street Abington Northampton3
£1,35008/240.12 miTurner Street, Abington3
£1,50003/250.13 mi-3
£1,15006/240.13 miTurner Street, NORTHAMPTON3
£1,15006/240.13 miTurner Street, Abington, Northampton, NN13
£1,30006/240.13 mi-3
£1,10008/240.14 miTalbot Road, NORTHAMPTON3
£1,30004/250.14 mi-3
£1,30004/250.14 mi-3
£1,15006/240.15 miTurner Street, Abington, Northampton NN1 4JJ3
£3,15006/240.16 mi-3
£3,15001/250.16 mi-3
£1,25007/240.16 miTurner Street, Abington, Northampton NN13
£1,30008/240.17 miMonks Park Road, NORTHAMPTON3
£1,20006/240.17 miDerby Road, Abington, NN1 4JP3
£1,10008/240.18 miSt. Michaels Mount, Northampton3
£1,50003/250.18 mi-3
£2,55002/240.19 mi-3
£92503/250.2 mi-3
£1,30007/240.21 miAdnitt Road, Northampton, NN13
£1,35010/240.21 mi-3
£1,35010/240.21 mi-3
£1,29503/240.22 miAbington Avenue, Abington, Northampton, Northamptonshire, NN13
£1,19507/240.22 mi-3
£1,19507/240.22 miAllen Road, Northampton, NN13
£1,20002/250.23 mi-3
£1,30010/240.24 mi-3
£1,30010/240.24 mi-3
£1,10009/240.24 miElizabeth Walk, Northampton, NN13
£1,40006/240.24 miLea Road, Northampton, Northamptonshire, NN13
£1,02512/240.24 mi-3
£1,30006/240.24 miLea Road, NORTHAMPTON3
£1,25007/240.25 miVernon Walk, Abington, Northampton NN13
£1,25006/240.25 miLea Road, Northampton, NN13
£1,25006/240.25 miWilby Street, Northampton, NN13
£1,30009/240.26 mi-3
£49501/250.26 mi-3
£1,39508/240.27 miAbington Avenue, Abington3
£1,37506/240.27 miSpencer Road, Northampton, Northamptonshire, NN1 3LR3
£1,15008/240.28 miRoe Road, Northampton3
£1,30008/240.28 miIvy Road Abington Northampton3
£1,20006/240.28 miPurser Road, Abington, NN13
£3,40006/240.29 mi-3
£3,40004/250.29 mi-3
£1,30006/240.3 miIvy Road, Abington, Northampton NN1 4QS3

Local Area Statistics

Population in NN1

29,170

Population in Northampton

281,924

Town centre distance

0.53 miles away

Nearest school

0.10 miles away

Nearest train station

1.27 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+57%

Sales demand

Balanced market

Capital growth (5yrs)

+20%

Property History

Listed for £240,000

October 11, 2024

Floor Plans

Description

  • Scope for Modernisation +
  • Three Bedrooms +
  • No Onward Chain +
  • Two Reception Rooms +
  • Cellar +
  • Front and Rear Gardens +

Chain Free James Anthony Estate Agents are pleased to present to the market this delightful three bedroom Victorian property situated in the heart of Abington. This characterful home is packed full of original features and has been in the same family ownership since the 1950’s. This cherished family home sits resplendent on one of Abington's favourite tree lined avenues. With scope to upgrade and improve, this residence is surely a true gem and must be viewed to be fully absorbed. The accommodation comprises in brief: entrance hall, living room, dining room, kitchen, utility room, downstairs w.c. and cellar. On the first floor are the main bedroom, two further double bedrooms and a shower room. Outside we find a gated, paved front garden and to the rear a good sized family garden stocked with mature planting. Call today to avoid disappointment.

Agent Details

James Anthony Estate Agents Ltd, Northampton

01604 279814

Next Steps?

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