2 Bed Terraced House, Refurb/BRRR, Northampton, NN5 5LT, £180,000

Bowden Road, St James, Northampton, NN5 5LT - 4 views - 2 months ago

Refurb/BRRR
ROI: 3%
~68 m²
+7 photos

ValuationOvervalued

Sold Prices£122.5K - £247K
Sold Prices/m²£1.8K/m² - £4.3K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.6K/m²

Value Estimate

£164,129

 

 

End Value (After Refurb)

£170,000

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£45,000

Stamp Duty & Legal Fees

£6,900

Refurb Costs

£29,881

Bridging Loan Interest

£4,725

Total Cash In

£88,256

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£170,000

Mortgage (After Refinance)

£127,500

Mortgage LTV

75%

Cash Left In

£88,256

Equity

£42,500

Rent Range

£825 - £1,280

Rent Estimate

£1,021

Running Costs/mo

£755

Cashflow/mo

£266

Cashflow/yr

£3,187

ROI

4%

Gross Yield

7%

Local Sold Prices

51 sold prices from £122.5K to £247K, average is £182.5K. £1.8K/m² to £4.3K/m², average is £2.4K/m².

PriceDateDistanceAddressBeds 
£170K12/200.02 mi25, Bowden Road, Northampton, Northamptonshire NN5 5LT2
£205K02/230.12 mi42, Sharman Road, Northampton, West Northamptonshire NN5 5JZ2
£182.5K08/230.13 mi16, Sharman Road, Northampton, North Northamptonshire NN5 5JZ2
£169K09/230.13 mi54, Sharman Road, Northampton, West Northamptonshire NN5 5JZ2
£190K11/230.13 mi12, Sharman Road, Northampton, West Northamptonshire NN5 5JZ2
£180K02/240.13 mi52, Sharman Road, Northampton, West Northamptonshire NN5 5JZ2
£170K03/230.13 mi27, Marlborough Road, Northampton, West Northamptonshire NN5 5DZ2
£172K03/230.13 mi21, Marlborough Road, Northampton, West Northamptonshire NN5 5DZ2
£180K08/230.13 mi19, Marlborough Road, Northampton, West Northamptonshire NN5 5DZ2
£180K08/230.13 mi19, Marlborough Road, Northampton, West Northamptonshire NN5 5DZ2
£180K11/200.15 mi39, Spencer Street, Northampton, Northamptonshire NN5 5JX2
£209.5K11/230.15 mi38, Spencer Street, Northampton, West Northamptonshire NN5 5JX2
£155K11/200.15 mi23, Orchard Street, Northampton, Northamptonshire NN5 5EP2
£172K11/230.15 mi30, Sandhill Road, Northampton, West Northamptonshire NN5 5LH2
£180K04/230.18 mi6, Wimbledon Street, Northampton, West Northamptonshire NN5 5EW2
£205K02/210.19 mi138, St James Park Road, Northampton, Northamptonshire NN5 5EL2
£170K04/210.2 mi35, Argyle Street, Northampton, Northamptonshire NN5 5LJ2
£205K04/230.2 mi27, Argyle Street, Northampton, West Northamptonshire NN5 5LJ2
£195K06/230.2 mi26, Argyle Street, Northampton, West Northamptonshire NN5 5LJ2
£182.5K12/220.21 mi1, Argyle Street, Northampton, West Northamptonshire NN5 5LJ2
£239.9K04/230.21 mi63, Far End, Northampton, West Northamptonshire NN5 5FN2
£200K12/230.21 mi18, Far End, Northampton, West Northamptonshire NN5 5FN2
£178K04/210.22 mi6, Bruce Street, Northampton, Northamptonshire NN5 5BQ2
£200K01/230.22 mi2, Bruce Street, Northampton, West Northamptonshire NN5 5BQ2
£202K11/230.22 mi20, Bruce Street, Northampton, West Northamptonshire NN5 5BQ2
£215K02/240.22 mi25, Bruce Street, Northampton, West Northamptonshire NN5 5BQ2
£170K04/210.22 mi31, Seymour Street, Northampton, Northamptonshire NN5 5ET2
£200K04/230.23 mi50, St James Park Road, Northampton, West Northamptonshire NN5 5DR2
£165K01/240.26 mi12, St James Park Road, Northampton, West Northamptonshire NN5 5DN2
£173.5K08/210.26 mi24, St James Park Road, Northampton, Northamptonshire NN5 5DN2
£195K12/220.27 mi32, Symington Street, Northampton, West Northamptonshire NN5 7AU2
£170K05/210.28 mi29, Fife Street, Northampton, Northamptonshire NN5 5BH2
£165K04/210.28 mi5, Richmond Terrace, Northampton, Northamptonshire NN5 5DP2
£162.5K10/200.32 mi20, Near Side, Northampton, Northamptonshire NN5 5FJ2
£195K04/240.34 mi26, Glasgow Street, Northampton, West Northamptonshire NN5 5BL2
£247K04/210.41 mi5, Holyrood Road, Northampton, Northamptonshire NN5 7AH2
£175K07/210.49 mi146, Malcolm Drive, Northampton, Northamptonshire NN5 5NH2
£218K12/230.49 mi148, Malcolm Drive, Northampton, West Northamptonshire NN5 5NH2
£205K06/210.57 mi17, Trevor Crescent, Northampton, Northamptonshire NN5 5PG2
£225K01/230.58 mi6, Tintern Avenue, Northampton, West Northamptonshire NN5 7BZ2
£187.5K03/210.6 mi41, Windsor Crescent, Northampton, Northamptonshire NN5 5AP2
£190K04/230.61 mi3, Trevor Close, Northampton, West Northamptonshire NN5 5PQ2
£122.5K03/210.63 mi64, St Andrews Road, Northampton, Northamptonshire NN1 2PD2
£185K11/200.64 mi1, Camrose Road, Northampton, Northamptonshire NN5 7DB2
£218K12/220.64 mi15, Crawford Avenue, Northampton, West Northamptonshire NN5 5PA2
£230K07/230.64 mi35, Crawford Avenue, Northampton, West Northamptonshire NN5 5PA2
£145K12/200.65 mi39, Brook Street, Northampton, Northamptonshire NN1 2PE2
£176K08/210.66 mi11, Brook Street, Northampton, Northamptonshire NN1 2PE2
£132K12/200.66 mi43, Hampton Street, Northampton, Northamptonshire NN1 2PH2
£222.5K03/230.66 mi56, Malcolm Drive, Northampton, West Northamptonshire NN5 5NL2
£195K11/210.67 mi57, Duston Road, Northampton, Northamptonshire NN5 5AR2

Local Rents

49 rents from £825/mo to £1.3K/mo, average is £1K/mo.

RentDateDistanceAddressBeds 
£85007/240.12 miSharman Road, St James, Northampton, NN52
£1,10004/250.14 mi-2
£1,00006/240.14 miSpencer Street, St James, Northampton NN5 5JU2
£95004/250.14 mi-2
£1,10006/240.15 miWeedon Road, NORTHAMPTON2
£99506/240.15 miSandhill Road, St James2
£1,00006/240.15 miSandhill Road, Northampton, NN52
£1,10006/240.17 miLincoln Road, NORTHAMPTON2
£97506/240.18 miStanley Road, St James, Northampton, NN52
£95008/240.19 miGreenwood Road, St. James, Northampton, NN52
£99506/240.19 miFar End, St James, NN52
£99506/240.19 miFar End, St James, NN52
£99508/240.19 miGreenwood Road, St James, Northampton2
£1,05006/240.2 miAlthorp Road, Northampton, NN52
£95008/240.2 miSunderland Street, Northampton2
£90008/240.2 miSunderland Street, Northampton2
£97508/240.2 miArgyle Street, St James, Northampton NN52
£1,15006/240.2 miArgyle Street, NORTHAMPTON2
£1,15008/240.2 miArgyle Street, NORTHAMPTON2
£1,10006/240.21 miArgyle Street, St James, Northampton NN5 5LJ2
£82508/240.21 miSunderland Street, St James, Northampton, NN52
£1,05007/240.22 miBruce Street, St James, Northampton, NN52
£1,05008/240.22 miBruce Street, St James, Northampton, NN52
£89508/240.23 miHarlestone Road, Northampton2
£97503/240.24 miSt James2
£85002/250.25 mi-2
£1,28010/240.26 mi-2
£1,00006/240.26 miDundee Street, NN5 5BP2
£1,00006/240.26 miDundee Street, Northampton, NN52
£1,05006/240.27 miSymington Street, St James, Northampton, Northamptonshire, NN52
£1,00007/240.27 miPark Corner, Northampton, NN52
£1,09510/240.27 mi-2
£1,09503/250.27 mi-2
£99506/240.3 miThe Approach, Lifebuilding, St James, NN52
£99506/240.3 miThe Approach, Lifebuilding, St James, NN52
£1,09507/240.31 miTown Corner, St James, Northampton2
£95006/240.32 miWeedon Road, St. James - NN52
£1,13503/250.32 mi-2
£97508/240.33 miFirst Lane, St. James - NN52
£97508/240.34 miWeedon Road, Northampton, NN5 5BF2
£1,10004/250.37 mi-2
£99507/240.37 miCountess Road, St James2
£1,10006/240.39 mi-2
£1,20004/250.39 mi-2
£1,10006/240.42 miFlat 1, Brook House, NN5 7FB2
£1,15006/240.42 miApartment 2, Brook House, NN5 7FB2
£1,00003/240.42 miCountess Road, Northampton, NN52
£89506/240.42 miCountess Road, St James, Northampton, NN52
£1,20008/240.44 miThe Barker Buildings, Countess Road, Northampton, NN52

Local Area Statistics

Population in NN5

38,028

Population in Northampton

281,924

Town centre distance

1.08 miles away

Nearest school

0.40 miles away

Nearest train station

0.35 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-11%

Sales demand

Seller's market

Capital growth (5yrs)

+22%

Property History

Price changed to £180,000

March 28, 2025

Price changed to £170,000

March 20, 2025

Listed for £190,000

February 7, 2025

Floor Plans

Description

  • Ideal Investment or First Purchase +
  • Close To Town Centre & Train Station +
  • In Need Of General Improvement +
  • Two Bedrooms +
  • Four Piece Bathroom +
  • Gas Radiator Heating +
  • No Upper Chain +

NO ONWARD CHAIN. A Victorian, two bedroom, terraced house in need of some general updating making it ideal as an investment or for those looking to redecorate a property to their own taste and needs. The house is situated within close proximity of the railway station with local amenities close by. Accommodation offers a hallway, lounge open plan to dining area, modern white gloss kitchen, utility lobby, first floor landing serving two bedrooms and a spacious four-piece bathroom with a roll-top bath. Outside is a courtyard style rear garden with coped brick wall. EPC Rating: TBC. Council Tax Band: A

ENTRANCE HALL Double glazed entrance door. Radiator. Staircase rising to first floor landing.

LOUNGE 3.08m x 3.08m (10'1 x 10'1) Double glazed window to front elevation. Radiator. Chimney breast and alcoves.

DINING ROOM 3.46m x 3.37m (11'4 x 11'1) Double glazed window to rear elevation. Radiator. Chimney breast and alcoves.

KITCHEN 3.04m x 2.38m (10'0 x 7'10) Double glazed window to side elevation. Gloss white wall and base units. Single drainer sink unit. Built in hob, oven and grill. Canopy extractor hood. Understairs cupboard. Door to:

UTILITY/LOBBY 1.33m x 2.59m (4'4 x 8'6) Door to garden.

FIRST FLOOR LANDING Over-stairs cupboard. Doors to:

BEDROOM ONE 3.11m x 4.00m (10'2 x 13'1) Double glazed window to front elevation. Radiator. Chimney breast and alcoves.

BEDROOM TWO 3.41m x 2.69m (11'2 x 8'10) Sash window to rear elevation. Radiator. Chimney breast and alcoves.

BATHROOM 2.79m x 2.41m (9'2 x 7'11) Obscure double glazed window to rear elevation. Four piece suite comprising shower cubicle, roll top bath on ball and claw foot, low level WC and wash hand basin. Tiled walls.

OUTSIDE

REAR GARDEN Courtyard garden in need of attention. Coped brick wall.

MATERIAL INFORMATION Electricity Supply – Mains Connected Gas Supply – Mains Connected Electricity/Gas Supplier - Water Supply – Mains Connected Sewage Supply – Mains Connected Broadband - Mobile Coverage - Solar PV Panels – No EV Car Charge Point – No Primary Heating Type – Gas Radiators Parking – No Accessibility – N/a Right of Way – No Restrictions – N/a Flood Risk - Property Construction – Ask Agent Outstanding Building Work/Approvals – Ask Agent

DRAFT DETAILS At the time of print, these particulars are awaiting approval from the Vendor(s).

AGENTS NOTES i Viewings by appointment only through Jackson Grundy ii These particulars do not form part of any offer or contract and should not be relied upon as statements or representation of fact. They are not intended to make or give representation or warranty whatsoever in relation to the property and any intending purchaser or lessee should satisfy themselves by inspection or otherwise as to the correctness of the same iii Photographs illustrate parts of the property as were apparent at the time they were taken iv Any areas, measurements, distances or illustrations are approximate for reference only v We have not tested the appliances, services and specific fittings, an intending purchaser must satisfy himself by inspection by independent advice and/or otherwise to this property.

Agent Details

Jackson Grundy Estate Agents, Northampton

01604 279789

Next Steps?

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