2 Bed Flat, Single Let, Northampton, NN3 2HG, £110,000

Birchfield Road East, Abington, Northampton NN3 2HG - 3 views - 4 months ago

Sold STC

Leasehold

BTL

ROI: 13%

~68 m²

+5 photos

ValuationUndervalued

Sold Prices	£67.5K - £215K
Sold Prices/m²	£572/m² - £2.8K/m²

Square Metres	~68.11 m²
Price/m²	£1.6K/m²
Value Estimate	£135,300£135,300
BMV	23%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£27,500£27,500
Stamp Duty & Legal Fees	£4,500£4,500
Total Cash In	£32,000£32,000

Cash Out
Rent Range	£800 - £2,800£800 - £2,800
Rent Estimate	£885
Running Costs/mo	£541£541
Cashflow/mo	£344£344
Cashflow/yr	£4,131£4,131
ROI	13%13%
Gross Yield	10%10%

Local Sold Prices

21 sold prices from £67.5K to £215K, average is £130K. £572/m² to £2.8K/m², average is £2.4K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£120K	03/21	0.48 mi	Flat 32, Burlington Apartments, Roseholme Road, Northampton, Northamptonshire NN1 4RR	-	-	2	Flat
£155K	12/22	0.52 mi	60, Laburnum Crescent, Northampton, West Northamptonshire NN3 2LF	£2,606	59	2	Flat
£127.5K	09/21	0.54 mi	37a, Chaucer Street, Northampton, Northamptonshire NN2 7HW	£2,713	47	2	Flat
£125K	10/20	0.59 mi	Flat 3, Burlington Apartments, Roseholme Road, Northampton, Northamptonshire NN1 4RR	-	-	2	Flat
£109K	11/20	0.59 mi	Flat 19, Burlington Apartments, Roseholme Road, Northampton, Northamptonshire NN1 4RR	-	-	2	Flat
£115K	01/23	0.59 mi	Flat 8, Burlington Apartments, Roseholme Road, Northampton, West Northamptonshire NN1 4RR	-	-	2	Flat
£112.5K	01/24	0.68 mi	338a, Wellingborough Road, Northampton, West Northamptonshire NN1 4ES	£2,045	55	2	Flat
£150K	11/20	0.73 mi	389a, Kettering Road, Northampton, Northamptonshire NN3 6QT	£2,679	56	2	Flat
£117.5K	07/21	0.87 mi	Flat 6, Homesteadcourt, Homestead Way, Northampton, West Northamptonshire NN2 6JG	£2,098	56	2	Flat
£140K	06/23	0.87 mi	Flat 8, Homesteadcourt, Homestead Way, Northampton, West Northamptonshire NN2 6JG	-	-	2	Flat
£68K	05/23	0.87 mi	21, Woolston Close, Northampton, West Northamptonshire NN3 6QJ	£944	72	2	Flat
£190K	09/23	0.87 mi	1, Woolston Close, Northampton, West Northamptonshire NN3 6QJ	£2,289	83	2	Flat
£215K	10/22	0.88 mi	11, Woolston Close, Northampton, West Northamptonshire NN3 6QJ	-	-	2	Flat
£130K	06/21	0.92 mi	81, Grange Road, Northampton, Northamptonshire NN3 2AX	£2,407	54	2	Flat
£145K	08/21	0.92 mi	Flat 6, Radleigh Court, Homestead Way, Northampton, Northamptonshire NN2 6JG	£2,589	56	2	Flat
£170K	09/22	0.93 mi	48, Conifer Rise, Northampton, West Northamptonshire NN3 3JY	£2,833	60	2	Flat
£127K	06/21	0.93 mi	8, Conifer Rise, Northampton, Northamptonshire NN3 3JY	-	-	2	Flat
£145K	03/21	0.93 mi	59, Conifer Rise, Northampton, Northamptonshire NN3 3JY	£2,449	59	2	Flat
£156K	10/23	0.93 mi	24, Conifer Rise, Northampton, West Northamptonshire NN3 3JY	£2,600	60	2	Flat
£140K	04/21	0.93 mi	5a, Talbot Road, Northampton, Northamptonshire NN1 4HZ	£2,154	65	2	Flat
£67.5K	11/20	0.93 mi	11, Dorman Close, Northampton, Northamptonshire NN3 6QG	£572	118	2	Flat

Local Rents

48 rents from £800/mo to £2.8K/mo, average is £1.1K/mo.

Rent	Date	Distance	Address	Beds	Type
£995	06/24	0.15 mi	Wheatfield Road, Northampton, Northamptonshire, NN3	2	Flat
£1,075	08/24	0.22 mi	-	2	Flat
£995	06/24	0.22 mi	-	2	Flat
£925	08/24	0.23 mi	Fieldway, Abington, Northampton NN3	2	Terraced House
£1,250	07/24	0.27 mi	FULLY FURNISHED Wellingborough Road, Northampton	2	Flat
£950	06/24	0.27 mi	Birchfield Road, Northampton, NN1	2	Flat
£900	08/24	0.32 mi	Cedar Road, Northampton, Northamptonshire, NN1	2	Flat
£1,300	09/24	0.33 mi	-	2	Semi-Detached House
£1,400	03/25	0.33 mi	-	2	Semi-Detached House
£800	06/24	0.35 mi	Abington Avenue, Abington - NN1	2	Flat
£1,195	03/25	0.37 mi	-	2	Terraced House
£2,550	06/24	0.41 mi	-	2	Terraced House
£2,750	06/24	0.41 mi	-	2	Terraced House
£2,800	08/24	0.41 mi	-	2	Terraced House
£2,400	01/25	0.41 mi	-	2	Terraced House
£1,800	10/24	0.41 mi	-	2	Terraced House
£2,400	03/25	0.41 mi	-	2	Terraced House
£875	06/24	0.43 mi	Collingwood Road, Northampton, NN1 4RL	2	Flat
£1,600	03/25	0.43 mi	-	2	Terraced House
£875	09/24	0.44 mi	Kettering Road, Kingsley - NN2	2	Flat
£995	02/24	0.46 mi	Kingsley Park Terrace, Northampton NN2 5HJ	2	Flat
£995	06/24	0.49 mi	Roe Road, Abington	2	Terraced House
£995	06/24	0.49 mi	Roe Road, Northampton	2	Flat
£1,100	07/24	0.49 mi	Roe Road, Abington, NN1	2	Terraced House
£1,250	06/24	0.5 mi	Roe Road, Northampton	2	Terraced House
£950	06/24	0.5 mi	4 The Drive, Kingsley, Northampton NN1 4RY	2	Flat
£1,050	06/24	0.51 mi	Roe Road, Northampton, NN1	2	Terraced House
£950	07/24	0.51 mi	Clarke Road, Northampton	2	House
£1,200	06/24	0.51 mi	The Drive, Northampton, NN1	2	Flat
£1,095	04/25	0.52 mi	-	2	Semi-Detached House
£1,050	07/24	0.52 mi	Purser Road, Abington	2	Terraced House
£1,100	06/24	0.53 mi	Purser Road, Abington, Northampton, NN1	2	Terraced House
£1,100	06/24	0.53 mi	The Drive, Northampton, NN1	2	Flat
£1,150	08/24	0.53 mi	The Drive, Northampton, NN1	2	Flat
£990	06/24	0.54 mi	Chaucer Street, NORTHAMPTON	2	House
£895	06/24	0.56 mi	Laburnham Crescent, Spinney Hill, Northampton NN3 2LF	2	Flat
£1,250	06/24	0.59 mi	-	2	Terraced House
£895	07/24	0.59 mi	Oak Grove, Cherry Orchard, Northampton NN3 3JR	2	Flat
£895	06/24	0.6 mi	Westleigh Close, Northampton, NN1	2	Flat
£895	08/24	0.6 mi	8 Westleigh Close, Northampton, Northamptonshire, NN1	2	Flat
£1,195	08/24	0.6 mi	Lea Road, Abington, Northampton, Northamptonshire, NN1	2	Terraced House
£1,195	08/24	0.6 mi	Lea Road, Abington, Northampton, Northamptonshire, NN1	2	Terraced House
£1,195	08/24	0.6 mi	Lea Road, Abington, Northampton, Northamptonshire, NN1	2	Terraced House
£1,000	06/24	0.6 mi	Byron Street, Northampton	2	Terraced House
£1,200	08/24	0.61 mi	Manfield Road, Northampton	2	House
£1,100	07/24	0.61 mi	Thursby Road, Abington, Northampton, NN1	2	Terraced House
£995	06/24	0.62 mi	Lea Road, Abington	2	Semi-Detached House
£895	07/24	0.62 mi	Adnitt Road, Abington, Northampton, NN1 4NG	2	Flat

Local Area Statistics

Population in NN3	68,97168,971
Population in Northampton	281,924281,924
Town centre distance	1.30 miles away1.30 miles away
Nearest school	0.10 miles away0.10 miles away
Nearest train station	2.03 miles away2.03 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	+46%+46%
Sales demand	Seller's marketSeller's market
Capital growth (5yrs)	+29%+29%

Property History

Listed for £110,000

November 28, 2024

Sold for £65,000

2010

Floor Plans

Description

Spacious two bedroom first floor apartment +
Fitted kitchen +
Re-fitted bathroom +
Electric heating +
Secure private rear entrance +
No upper chain +

O'Riordan Bond is pleased to offer for sale this very spacious and well presented two bedroom first floor apartment situated in this popular location. Offered with no upper chain, the property has access to many local amenities as well as Abington Park. The accommodation comprises entrance hall, large sitting room, fitted kitchen, two large double bedrooms and a refitted bathroom. Benefits include double glazing and a secure private entrance to the rear with garden/patio area. (B/776/S)

Leasehold Information:

* Lease Remaining - 85 years (as of 2024)
* Ground Rent - £600 per annum
* Service Charge - £163 per annum

* TENURE - Leasehold
* COUNCIL TAX BAND - A

Entrance Hall -

Sitting Room - 4.45m x 4.27m (14'7 x 14'0) -

Kitchen - 3.20m x 2.31m (10'6 x 7'7) -

Bedroom 1 - 4.67m x 4.45m (15'4 x 14'7) -

Bedroom 2 - 4.67m x 3.73m (15'4 x 12'3) -

Bathroom -

Agent Details

O'Riordan Bond, Abington East

01604 279587

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.

3 Bed House, Single Let, Northampton, NN3 2JG

£280,000

2 months ago • 93 m²

Sold STC

3 Bed House, Single Let, Northampton, NN3 2BZ

£300,000

3 months ago • 93 m²

2 Bed House, Single Let, Northampton, NN3 2NE

£255,000

4 days ago • 68 m²

Sold STC

3 Bed House, Single Let, Northampton, NN3 2NE

£230,000

5 months ago • 84 m²

2 Bed Flat, Single Let, Northampton, NN3 2HG, £110,000

ValuationUndervalued

CashflowsOpen in Analyser

Local Sold PricesDownload Show map

Local RentsDownload Show map

Links

Local Area Statistics

Property History

Floor Plans

Description

Agent Details

Next Steps?

Similar Properties

3 Bed House, Single Let, Northampton, NN3 2JG

3 Bed House, Single Let, Northampton, NN3 2BZ

2 Bed House, Single Let, Northampton, NN3 2NE

3 Bed House, Single Let, Northampton, NN3 2NE

Cashflows

Local Sold Prices

Local Rents