3 Bed Semi-Detached House, Refurb/BRRR, Northampton, NN5 7BA, £220,000

Baring Road, Northampton, NN5 7BA - 11 views - 2 months ago

Sold STC
Refurb/BRRR
ROI: 7%
~93 m²
+3 photos

ValuationFair Value

Sold Prices£120K - £450K
Sold Prices/m²£1.5K/m² - £3.8K/m²

 

 

Square Metres

~93 m²
Price/m²£2.4K/m²

Value Estimate

£220,000

 

 

End Value (After Refurb)

£203,500

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£55,000

Stamp Duty & Legal Fees

£7,800

Refurb Costs

£40,800

Bridging Loan Interest

£5,775

Total Cash In

£111,125

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£203,500

Mortgage (After Refinance)

£152,625

Mortgage LTV

75%

Cash Left In

£111,125

Equity

£50,875

Rent Range

£1,100 - £5,200

Rent Estimate

£1,678

Running Costs/mo

£992

Cashflow/mo

£686

Cashflow/yr

£8,238

ROI

7%

Gross Yield

9%

Local Sold Prices

50 sold prices from £120K to £450K, average is £220K. £1.5K/m² to £3.8K/m², average is £2.5K/m².

PriceDateDistanceAddressBeds 
£260K03/230.01 mi1, Baring Road, Northampton, West Northamptonshire NN5 7BA3
£215K02/230.06 mi14, Newcombe Road, Northampton, West Northamptonshire NN5 7AZ3
£220K02/240.06 mi16, Newcombe Road, Northampton, West Northamptonshire NN5 7AZ3
£120K02/230.08 mi15, Lyttleton Road, Northampton, West Northamptonshire NN5 7BF3
£210K06/230.08 mi64, Spencer Bridge Road, Northampton, West Northamptonshire NN5 5EZ3
£170K05/210.12 mi64, Countess Road, Northampton, West Northamptonshire NN5 7DY3
£158K12/200.15 mi6, Muscott Street, Northampton, Northamptonshire NN5 5EY3
£250K12/220.16 mi45, Harlestone Road, Northampton, West Northamptonshire NN5 7AB3
£175K05/210.16 mi20, Muscott Street, Northampton, West Northamptonshire NN5 5EY3
£200K03/210.17 mi15, Aberdeen Terrace, Northampton, Northamptonshire NN5 7AD3
£138.8K01/210.17 mi51, Tintern Avenue, Northampton, Northamptonshire NN5 7BY3
£195K09/230.17 mi39, Tintern Avenue, Northampton, West Northamptonshire NN5 7BY3
£213K02/230.17 mi28, Raymond Road, Northampton, West Northamptonshire NN5 7DX3
£220K08/210.18 mi21, Fife Street, Northampton, West Northamptonshire NN5 5BH3
£210K11/220.21 mi11, Orchard Street, Northampton, West Northamptonshire NN5 5EP3
£172K04/230.21 mi5, Sulgrave Road, Dallington, Northampton, West Northamptonshire NN5 7BL3
£212K10/210.23 mi21, Dundee Street, Northampton, West Northamptonshire NN5 5BP3
£214K06/230.23 mi25, Dundee Street, Northampton, West Northamptonshire NN5 5BP3
£300K12/220.23 mi11, Forfar Street, Northampton, West Northamptonshire NN5 5BJ3
£270K02/230.26 mi4, Old Scholars Close, Northampton, West Northamptonshire NN5 5AZ3
£230K09/210.28 mi17, Glasgow Street, Northampton, Northamptonshire NN5 5BN3
£235K01/210.28 mi4, Holyrood Road, Northampton, Northamptonshire NN5 7AH3
£302K04/230.28 mi4, Holyrood Road, Northampton, West Northamptonshire NN5 7AH3
£225K01/230.3 mi42, Glasgow Street, Northampton, West Northamptonshire NN5 5BL3
£210K05/230.3 mi72, Glasgow Street, Northampton, West Northamptonshire NN5 5BL3
£240K02/230.3 mi16, Glasgow Street, Northampton, West Northamptonshire NN5 5BL3
£220K01/230.32 mi14, Bowden Road, Northampton, West Northamptonshire NN5 5LT3
£222.5K09/210.32 mi3, Rosebery Avenue, Northampton, Northamptonshire NN5 5BU3
£207.5K09/230.32 mi28, Rosebery Avenue, Northampton, West Northamptonshire NN5 5BU3
£220K11/220.34 mi20, Bowden Road, Northampton, West Northamptonshire NN5 5LT3
£265K02/230.34 mi42, Bowden Road, Northampton, West Northamptonshire NN5 5LT3
£277K08/230.35 mi131, Weedon Road, Northampton, West Northamptonshire NN5 5BS3
£175K04/210.36 mi36, Streatfeild Road, Northampton, West Northamptonshire NN5 7DE3
£250K08/230.4 mi5, Standside, Northampton, West Northamptonshire NN5 5FG3
£215K12/200.4 mi61, The Approach, Northampton, Northamptonshire NN5 5FF3
£280K02/230.4 mi104, Dallington Road, Northampton, West Northamptonshire NN5 7BW3
£245K02/210.4 mi104, Dallington Road, Northampton, Northamptonshire NN5 7BW3
£171K05/210.41 mi71, Ambush Street, Northampton, Northamptonshire NN5 5DU3
£252K02/230.43 mi27, Far End, Northampton, West Northamptonshire NN5 5FN3
£170K03/230.44 mi54, St Andrews Road, Northampton, West Northamptonshire NN1 2PB3
£203K12/230.46 mi53, Sharman Road, Northampton, West Northamptonshire NN5 5JZ3
£220K01/230.46 mi40, Sharman Road, Northampton, West Northamptonshire NN5 5JZ3
£230K10/200.46 mi32, Tower Square, Northampton, Northamptonshire NN5 5FH3
£165K04/230.46 mi19, Lincoln Road, Northampton, West Northamptonshire NN5 5JS3
£270K01/230.47 mi150, Malcolm Drive, Northampton, West Northamptonshire NN5 5NH3
£205K05/210.47 mi9, Abbots Way, Northampton, West Northamptonshire NN5 5DB3
£275K08/230.47 mi19, Brook Lane, Northampton, West Northamptonshire NN5 7HL3
£300K03/210.47 mi22, Brook Lane, Northampton, Northamptonshire NN5 7HL3
£319K07/230.47 mi45, Brook Lane, Northampton, West Northamptonshire NN5 7HL3
£450K10/230.47 mi41, Brook Lane, Northampton, West Northamptonshire NN5 7HL3

Local Rents

50 rents from £1.1K/mo to £5.2K/mo, average is £1.3K/mo.

RentDateDistanceAddressBeds 
£1,57002/250.04 mi-3
£1,29508/240.05 miNewcombe Road, Northampton3
£3,40006/240.05 miNewcombe Road, Northampton, NN53
£3,20007/240.05 miNewcombe Road, Northampton, NN53
£3,35008/240.05 miNewcombe Road Flexible Renting & Short Lets, Northampton, NN53
£3,40007/240.05 mi-3
£3,20007/240.05 mi-3
£3,35009/240.05 mi-3
£1,27503/250.09 mi-3
£1,30006/240.1 miSymington Street, NORTHAMPTON3
£1,29911/240.11 mi-3
£1,15003/250.11 mi-3
£1,15007/240.12 miSeymour Street, Northampton3
£1,30008/240.13 mi-3
£1,30007/240.13 miCountess Road, St James, Northampton, Northamptonshire, NN53
£1,15011/240.13 mi-3
£1,15003/250.13 mi-3
£1,10007/240.14 miSt James Park Road, Northampton, NN5 5EU3
£1,25008/240.14 miSt James Northampton3
£1,50009/240.15 mi-3
£1,19506/240.15 miBruce Street, Northampton3
£1,50006/240.16 mi-3
£1,50009/240.16 mi-3
£1,99507/240.16 mi-3
£1,25006/240.19 miSteene Street, NORTHAMPTON3
£1,22506/240.19 miSteene Street, NORTHAMPTON3
£1,20006/240.21 miBruce Street, St James3
£1,15007/240.21 miBruce Street, St James3
£1,25008/240.21 miAlthorp Road, NORTHAMPTON3
£1,35007/240.21 mi-3
£1,35007/240.21 miCountess Road, Northampton, NN53
£1,10006/240.22 miGladstone Road, Northampton3
£1,15012/240.23 mi-3
£1,25003/250.24 mi-3
£5,20006/240.28 miSt James Park Road, Northampton, NN13
£1,19506/240.28 miForfar Street, St James, Northampton NN53
£1,25006/240.32 miRosebery Avenue, St. James, Northampton, NN53
£1,40007/240.32 miRosebery Avenue, NORTHAMPTON3
£1,50006/240.34 miMarlborough Road, Northampton, NN53
£1,50007/240.34 mi-3
£1,20007/240.34 miBowden Road, St James, Northampton3
£1,30006/240.34 miNorthampton3
£3,00007/240.37 mi-3
£1,20007/240.37 miGreenwood Road, NN53
£1,25007/240.37 miStanley Road, Northampton, NN53
£2,30006/240.37 mi-3
£1,40003/250.37 mi-3
£1,20008/240.38 miStanley Road, St. James, Northampton NN53
£1,40009/240.41 miAbbey Mews, St James, NN53
£1,30006/240.43 miFar End, NORTHAMPTON3

Local Area Statistics

Population in NN5

38,028

Population in Northampton

281,924

Town centre distance

1.03 miles away

Nearest school

0.10 miles away

Nearest train station

0.46 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-11%

Sales demand

Seller's market

Capital growth (5yrs)

+22%

Property History

Listed for £220,000

January 23, 2025

Floor Plans

Description

  • DA1155 +
  • 3 Bedrooms +
  • No Chain +
  • Blank Canvass +
  • Front and Rear Gardens +

REF DA1155  This charming 3-bedroom end-terrace property offers great potential for those looking to make their mark. Located in a sought-after area, this home is ideal for first-time buyers, investors, or anyone willing to put in a little work to create their dream space. The property features two reception rooms, perfect for family living or entertaining guests. Upstairs, you’ll find three bedrooms, providing ample space for a growing family or those in need of extra room. Outside, the property boasts both front and rear gardens, offering plenty of potential for landscaping, outdoor seating, or even a vegetable patch. While the home would benefit from some modernisation, it offers a fantastic opportunity to add value with your own touch. With the right vision and some work, this property could become a truly fantastic family home or a solid addition to any investment portfolio. Located within easy reach of local amenities, transport links, and schools, this home is a blank canvas waiting for its next chapter. Don’t miss the chance to secure this promising property and bring it to life. Contact us to arrange a viewing today! NO CHAIN Hallway A welcoming entrance hall featuring a front-facing door, providing natural light and easy access. The space is enhanced by a radiator for added warmth and a convenient storage cupboard, ideal for coats and shoes. Stairs rise to the first floor, while a door leads to all the ground-floor accommodation, offering a practical layout for seamless living. Lounge - 4.47m x 3.33m (14'8"Max x 10'11"Max) This spacious lounge features a bay window, allowing plenty of natural light to fill the room and offer a glimpse of the property’s future potential. A gas fire and radiator are already in place, providing a solid foundation for a comfortable living space. While the room would benefit from updating, it presents a fantastic opportunity to create your ideal space, whether you’re looking to modernize or bring your own personal style to life. Dining Room - 3.23m x 3.33m (10'7" x 10'11"Max) This spacious dining room offers a fantastic opportunity to reimagine the layout of the home. With a large double-glazed window to the rear, the room is filled with natural light, providing a bright and airy canvas. Featuring a radiator and gas fire, the space is already well-equipped for comfort, but its true potential lies in the potential possibility to knock through into the kitchen, creating a modern open-plan kitchen diner. With a little vision and investment, this could become the heart of the home, perfect for contemporary family living and entertaining. Cloakroom With Double Glazed Window and Low Level WC Kitchen - 2.54m x 2.69m (8'4"Max x 8'10"Max) This kitchen, while in need of some modernisation, offers a solid base to work with. It includes a double-glazed window that lets in plenty of light, along with a practical layout featuring both wall and base units for storage. A stainless steel sink and drainer are already in place, along with a combi boiler, gas point for a cooker, and a water point for a washing machine. The side double-glazed door offers easy access to the outside. With a little creativity and some updates, this space has the potential to be transformed into a stylish, functional kitchen that perfectly suits your needs. Landing With side Double Glazed WIndow, Loft Access and doors to all first floor accommodation  Bathroom The family bathroom features a side double-glazed window, allowing natural light to brighten the space. Tiling to splash areas on the walls adds practical and easy-to-maintain finishes. The bathroom currently includes a bath, toilet, wash hand basin, and a radiator, with a storage cupboard for added convenience. While the layout would benefit from reworking, there’s great potential to create a larger, more luxurious bathroom. With some thoughtful renovations, this space could be transformed into a beautiful, contemporary retreat. Bedroom 1 - 3.33m x 3.58m (10'11"Max x 11'9") This bedroom offers a front-facing double-glazed window, providing plenty of natural light. A radiator ensures warmth, while the built-in cupboard offers convenient storage space. The room is ready to be updated and personalised to suit your style and needs. Bedroom 2 - 3.35m x 3.23m (11'0"Max x 10'7"Max) This bedroom features a rear-facing double-glazed window, allowing natural light to brighten the space. A radiator provides warmth, and the room offers ample potential to be updated and tailored to your preferences. Bedroom 3 - 2.69m x 2.51m (8'10" x 8'3"Max) This versatile bedroom features a rear-facing double-glazed window, allowing plenty of natural light to fill the room. A radiator ensures comfort year-round. With its practical layout and ample space, this room offers great potential for transformation into a stylish bedroom, home office, or even a guest room — perfect for whatever suits your future needs. Gardens Ideal for those who love being outside, the gardens offer plenty of space for relaxation and enjoyment. The front garden is primarily laid to lawn, bordered by a traditional wall, with gated access leading to a front and side entrance of the house. The rear garden is also lawned, offering a peaceful setting with an array of bushes, trees, and shrubs that provide both privacy and natural beauty. These outdoor spaces offer great potential for anyone looking to enhance their garden or simply enjoy the fresh air.

Agent Details

eXp UK, East Midlands

03304 609968

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.