3 Bed Bungalow, Refurb/BRRR, Northampton, NN5 5NZ, £210,000

67 CAMERON DRIVE, NORTHAMPTON, NN5 5NZ - 11 views - 5 months ago

Refurb/BRRR

ROI: 5%

~93 m²

+6 photos

ValuationUndervalued

Sold Prices	£160K - £328K
Sold Prices/m²	£2.2K/m² - £4.3K/m²

Square Metres	~93 m²
Price/m²	£2.3K/m²
Value Estimate	£216,300£216,300
BMV	3%

End Value (After Refurb)	£299,310£299,310
Uplift in Value	+43%+43%

Investment Opportunity

Cash In
Purchase Finance	Bridging LoanBridging Loan
Deposit (25%)	£52,500£52,500
Stamp Duty & Legal Fees	£7,500£7,500
Refurb Costs	£40,800£40,800
Bridging Loan Interest	£5,513£5,513
Total Cash In	£108,063£108,063

Cash Out
Monetisation	FlipRefinance & RentFlip
Estimated Sale Price	£299,310£299,310
Agent Fees (1%)	£2,993£2,993
Bridging Loan	£157,500£157,500
Bridging Loan Interest	£5,513£5,513
Flip Profit	£30,755£30,755

Local Sold Prices

50 sold prices from £160K to £328K, average is £250.5K. £2.2K/m² to £4.3K/m², average is £3.1K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£212.5K	02/21	0.04 mi	39, Cameron Crescent, Northampton, Northamptonshire NN5 5PD	-	-	3	Semi-Detached House
£250K	06/21	0.05 mi	172, Bants Lane, Northampton, Northamptonshire NN5 6AH	£2,722	92	3	Semi-Detached House
£265K	03/21	0.05 mi	160, Bants Lane, Northampton, Northamptonshire NN5 6AH	£3,046	87	3	Semi-Detached House
£269.7K	11/21	0.1 mi	5, Lyncrest Avenue, Northampton, Northamptonshire NN5 5PE	£3,330	81	3	Semi-Detached House
£240K	05/21	0.1 mi	13, Lyncrest Avenue, Northampton, Northamptonshire NN5 5PE	-	-	3	Semi-Detached House
£247.5K	02/21	0.1 mi	38, Lyncrest Avenue, Northampton, Northamptonshire NN5 5PE	-	-	3	Semi-Detached House
£245K	05/21	0.14 mi	23, Trevor Crescent, Northampton, Northamptonshire NN5 5PG	£2,882	85	3	Semi-Detached House
£205K	04/21	0.21 mi	58, Malcolm Drive, Northampton, Northamptonshire NN5 5NL	£3,154	65	3	Semi-Detached House
£315K	05/21	0.22 mi	28, Chiltern Avenue, Northampton, Northamptonshire NN5 6AP	£3,500	90	3	Semi-Detached House
£276K	07/21	0.22 mi	44, Chiltern Avenue, Northampton, West Northamptonshire NN5 6AP	£2,442	113	3	Semi-Detached House
£251K	11/21	0.22 mi	2, Chiltern Avenue, Northampton, Northamptonshire NN5 6AP	£2,926	86	3	Semi-Detached House
£246K	12/20	0.22 mi	6, Chiltern Avenue, Northampton, Northamptonshire NN5 6AP	£3,195	77	3	Semi-Detached House
£270K	01/23	0.24 mi	150, Malcolm Drive, Northampton, West Northamptonshire NN5 5NH	£3,750	72	3	Semi-Detached House
£262K	01/21	0.25 mi	14, Windsor Crescent, Northampton, Northamptonshire NN5 5AW	-	-	3	Semi-Detached House
£247K	04/21	0.25 mi	27, Pennine Way, Northampton, Northamptonshire NN5 6AT	-	-	3	Semi-Detached House
£265K	09/21	0.26 mi	16, Chewton Close, Northampton, West Northamptonshire NN5 6AW	-	-	3	Detached House
£273K	12/20	0.26 mi	6, Chewton Close, Northampton, Northamptonshire NN5 6AW	£3,102	88	3	Detached House
£280K	08/21	0.26 mi	37, Windsor Crescent, Northampton, Northamptonshire NN5 5AP	£3,218	87	3	Semi-Detached House
£235K	12/22	0.26 mi	11, Windsor Crescent, Northampton, West Northamptonshire NN5 5AP	£2,727	86	3	Semi-Detached House
£275K	10/23	0.28 mi	1, Ellesmere Avenue, Northampton, West Northamptonshire NN5 5NP	£2,778	99	3	Semi-Detached House
£258K	05/23	0.28 mi	31, Ellesmere Avenue, Northampton, West Northamptonshire NN5 5NP	£4,300	60	3	Semi-Detached House
£228K	10/21	0.28 mi	33, Ellesmere Avenue, Northampton, Northamptonshire NN5 5NP	£3,800	60	3	Semi-Detached House
£235K	01/21	0.3 mi	4, Holyrood Road, Northampton, Northamptonshire NN5 7AH	£2,176	108	3	Terraced House
£302K	04/23	0.3 mi	4, Holyrood Road, Northampton, West Northamptonshire NN5 7AH	£2,796	108	3	Terraced House
£328K	08/23	0.3 mi	9, Duston Road, Northampton, West Northamptonshire NN5 5AR	£3,489	94	3	Semi-Detached House
£297K	12/20	0.3 mi	7, Westbury Close, Northampton, Northamptonshire NN5 6AN	£3,062	97	3	Detached House
£160K	01/21	0.33 mi	66, Mendip Road, Northampton, Northamptonshire NN5 6AZ	-	-	3	Semi-Detached House
£303K	04/24	0.33 mi	226, Weedon Road, Northampton, West Northamptonshire NN5 5DE	£2,942	103	3	Terraced House
£270K	08/21	0.33 mi	76, Chiltern Avenue, Northampton, West Northamptonshire NN5 6AU	£2,655	102	3	Semi-Detached House
£250K	03/23	0.33 mi	67, Chiltern Avenue, Northampton, West Northamptonshire NN5 6AU	-	-	3	Semi-Detached House
£228.5K	06/21	0.33 mi	63, Chiltern Avenue, Northampton, Northamptonshire NN5 6AU	£2,380	96	3	Semi-Detached House
£295K	06/23	0.33 mi	64, Chiltern Avenue, Northampton, West Northamptonshire NN5 6AU	£3,138	94	3	Semi-Detached House
£222.5K	09/21	0.34 mi	3, Rosebery Avenue, Northampton, Northamptonshire NN5 5BU	£2,928	76	3	Terraced House
£207.5K	09/23	0.34 mi	28, Rosebery Avenue, Northampton, West Northamptonshire NN5 5BU	-	-	3	Terraced House
£255K	11/20	0.35 mi	156, Duston Road, Northampton, Northamptonshire NN5 5AU	£3,269	78	3	Semi-Detached House
£215K	07/21	0.35 mi	190, Weedon Road, Northampton, West Northamptonshire NN5 5DA	-	-	3	Terraced House
£225K	01/23	0.35 mi	42, Glasgow Street, Northampton, West Northamptonshire NN5 5BL	-	-	3	Terraced House
£210K	05/23	0.35 mi	72, Glasgow Street, Northampton, West Northamptonshire NN5 5BL	-	-	3	Terraced House
£240K	02/23	0.35 mi	16, Glasgow Street, Northampton, West Northamptonshire NN5 5BL	-	-	3	Terraced House
£245K	11/23	0.35 mi	107, Mendip Road, Northampton, West Northamptonshire NN5 6BA	£3,141	78	3	Semi-Detached House
£296.5K	04/24	0.35 mi	67, Mendip Road, Northampton, West Northamptonshire NN5 6BA	£4,007	74	3	Bungalow
£300K	12/22	0.36 mi	11, Forfar Street, Northampton, West Northamptonshire NN5 5BJ	-	-	3	Semi-Detached House
£275K	04/23	0.36 mi	199, Weedon Road, Northampton, West Northamptonshire NN5 5DE	-	-	3	Terraced House
£220K	04/23	0.36 mi	212, Weedon Road, Northampton, West Northamptonshire NN5 5DE	-	-	3	Terraced House
£172K	04/23	0.36 mi	5, Sulgrave Road, Dallington, Northampton, West Northamptonshire NN5 7BL	-	-	3	Semi-Detached House
£277K	08/23	0.38 mi	131, Weedon Road, Northampton, West Northamptonshire NN5 5BS	£3,221	86	3	Semi-Detached House
£230K	09/21	0.38 mi	17, Glasgow Street, Northampton, Northamptonshire NN5 5BN	-	-	3	Terraced House
£245K	03/23	0.39 mi	20, Peverels Way, Northampton, West Northamptonshire NN5 5DD	-	-	3	Terraced House
£298K	02/21	0.4 mi	24, Cotswold Avenue, Northampton, Northamptonshire NN5 6BU	£2,980	100	3	Semi-Detached House
£293K	11/20	0.4 mi	20, Cotswold Avenue, Northampton, Northamptonshire NN5 6BU	£3,185	92	3	Detached House

Local Rents

35 rents from £1K/mo to £3.4K/mo, average is £1.3K/mo.

Rent	Date	Distance	Address	Beds	Type
£1,400	05/24	0.07 mi	-	3	Semi-Detached House
£1,300	09/24	0.09 mi	Bants Lane, Duston - NN5	3	House
£1,300	08/24	0.24 mi	Chiltern Way, Northampton	3	Semi-Detached House
£1,300	06/24	0.25 mi	Mendip Road, Duston, NN5	3	Bungalow
£1,350	06/24	0.27 mi	Ellesmere Avenue, Northampton, NN5	3	Semi-Detached House
£1,195	06/24	0.33 mi	Forfar Street, St James, Northampton NN5	3	Detached House
£1,250	06/24	0.34 mi	Rosebery Avenue, St. James, Northampton, NN5	3	Flat
£1,400	07/24	0.34 mi	Rosebery Avenue, NORTHAMPTON	3	House
£3,000	07/24	0.43 mi	-	3	Terraced House
£1,500	09/24	0.46 mi	-	3	Terraced House
£1,420	11/24	0.47 mi	-	3	Terraced House
£1,200	06/24	0.48 mi	Bruce Street, St James	3	Terraced House
£1,150	07/24	0.48 mi	Bruce Street, St James	3	Terraced House
£1,195	06/24	0.49 mi	Bruce Street, Northampton	3	House
£1,300	03/25	0.5 mi	-	3	Semi-Detached House
£3,400	07/24	0.51 mi	-	3	Terraced House
£3,200	07/24	0.51 mi	-	3	Terraced House
£3,350	09/24	0.51 mi	-	3	Terraced House
£3,400	06/24	0.51 mi	Newcombe Road, Northampton, NN5	3	Terraced House
£3,200	07/24	0.51 mi	Newcombe Road, Northampton, NN5	3	Terraced House
£3,350	08/24	0.51 mi	Newcombe Road Flexible Renting & Short Lets, Northampton, NN5	3	Terraced House
£1,275	03/25	0.51 mi	-	3	Terraced House
£1,300	06/24	0.51 mi	Symington Street, NORTHAMPTON	3	Terraced House
£1,295	08/24	0.53 mi	Newcombe Road, Northampton	3	Terraced House
£1,100	03/25	0.54 mi	-	3	Terraced House
£1,570	02/25	0.55 mi	-	3	Terraced House
£1,000	06/24	0.56 mi	Clee Rise, Duston, Northampton NN5 6DZ	3	Flat
£1,300	06/24	0.58 mi	Far End, NORTHAMPTON	3	House
£1,300	06/24	0.58 mi	Far End, NORTHAMPTON	3	House
£1,350	07/24	0.59 mi	-	3	Terraced House
£1,350	07/24	0.59 mi	Countess Road, Northampton, NN5	3	Terraced House
£1,250	06/24	0.6 mi	Newton Road, Northampton, NN5	3	Terraced House
£1,250	06/24	0.6 mi	-	3	Terraced House
£1,495	06/24	0.61 mi	Galileo Close, Northampton, Northamptonshire, NN5	3	Semi-Detached House
£1,150	07/24	0.62 mi	Seymour Street, Northampton	3	Terraced House

Local Area Statistics

Population in NN5	38,02838,028
Population in Northampton	281,924281,924
Town centre distance	1.58 miles away1.58 miles away
Nearest school	0.10 miles away0.10 miles away
Nearest train station	0.98 miles away0.98 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	-11%-11%
Sales demand	Seller's marketSeller's market
Capital growth (5yrs)	+22%+22%

Property History

Listed for £210,000

November 19, 2024

Floor Plans

Description

TWO/THREE BEDROOMS +
SEMI DETACHED +
OFF ROAD PARKING +
CLOSE TO AMENITIES +
REAR GARDEN +
IN NEED OF MODERNISATION +

Stonhills are pleased to offer this three bedroom bungalow which requires some modernisation and is located in this popular area with good access to local amenities. The accommodation comprises: hall, lounge/diner, kitchen, three bedrooms, bathroom, rear garden and off road parking. NO CHAIN

Agent Details

Stonhills Estate Agents, Northampton

01604 279991

Next Steps?

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

Similar Properties

Like this property? Maybe you'll like these ones close by too.

Sold STC

2 Bed Bungalow, Refurb/BRRR, Northampton, NN5 6AT

£199,995

6 views • 8 months ago • 80 m²