3 Bed Semi-Detached House, Refurb/BRRR, Northampton, NN4 8AU, £225,000

London Road, Delapre, Northampton, NN4 8AU - 1 views - 2 months ago

Sold STC
Refurb/BRRR
ROI: 2%
~93 m²
+3 photos

ValuationUndervalued

Sold Prices£100K - £350K
Sold Prices/m²£1.3K/m² - £4.8K/m²

 

 

Square Metres

~93 m²
Price/m²£2.4K/m²

Value Estimate

£231,750
BMV3%

 

 

End Value (After Refurb)

£271,250

Uplift in Value

+21%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£56,250

Stamp Duty & Legal Fees

£7,950

Refurb Costs

£41,197

Bridging Loan Interest

£5,906

Total Cash In

£113,053

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£271,250

Mortgage (After Refinance)

£203,438

Mortgage LTV

75%

Cash Released

£34,688

Cash Left In

£78,365

Equity

£67,813

Rent Range

£975 - £1,600

Rent Estimate

£1,304

Running Costs/mo

£1,128

Cashflow/mo

£176

Cashflow/yr

£2,107

ROI

2%

Gross Yield

7%

Local Sold Prices

50 sold prices from £100K to £350K, average is £250K. £1.3K/m² to £4.8K/m², average is £2.9K/m².

PriceDateDistanceAddressBeds 
£206K04/240.01 mi192, London Road, Northampton, West Northamptonshire NN4 8AU3
£270K04/240.01 mi216, London Road, Northampton, West Northamptonshire NN4 8AU3
£240K02/240.01 mi198, London Road, Northampton, West Northamptonshire NN4 8AU3
£283K03/210.01 mi196, London Road, Northampton, Northamptonshire NN4 8AU3
£275K07/230.01 mi220, London Road, Northampton, West Northamptonshire NN4 8AU3
£235K03/210.05 mi33, Parkfield Avenue, Northampton, West Northamptonshire NN4 8QH3
£215K06/210.11 mi41, Delamere Road, Northampton, Northamptonshire NN4 8QG3
£270K08/230.11 mi17, Gloucester Avenue, Northampton, West Northamptonshire NN4 8QE3
£285K03/230.13 mi236, London Road, Northampton, West Northamptonshire NN4 8AX3
£326.5K12/210.13 mi260, London Road, Northampton, Northamptonshire NN4 8AX3
£235K04/210.17 mi117, Parkfield Avenue, Northampton, Northamptonshire NN4 8QD3
£255K03/230.17 mi115, Parkfield Avenue, Northampton, West Northamptonshire NN4 8QD3
£158K07/230.2 mi50, Parkfield Avenue, Northampton, West Northamptonshire NN4 8QB3
£350K10/230.2 mi14, Friars Crescent, Northampton, West Northamptonshire NN4 8QA3
£280K03/230.22 mi118, London Road, Northampton, West Northamptonshire NN4 8AR3
£259K12/230.23 mi39, Gloucester Avenue, Northampton, West Northamptonshire NN4 8PT3
£200K01/210.23 mi65, Gloucester Avenue, Northampton, Northamptonshire NN4 8PT3
£100K10/200.26 mi27, Salcey Street, Northampton, Northamptonshire NN4 8NY3
£235K12/230.26 mi2, Salcey Street, Northampton, West Northamptonshire NN4 8NY3
£230K11/230.26 mi8, Salcey Street, Northampton, West Northamptonshire NN4 8NY3
£325K12/220.26 mi45, Friars Avenue, Northampton, West Northamptonshire NN4 8PY3
£203.5K02/210.31 mi38, Forest Road, Northampton, Northamptonshire NN4 8PA3
£270K12/220.31 mi48, Forest Road, Northampton, West Northamptonshire NN4 8PA3
£300K01/230.31 mi20, Winchester Road, Northampton, West Northamptonshire NN4 8AY3
£265K04/210.32 mi101, Winchester Road, Northampton, Northamptonshire NN4 8AZ3
£275K12/230.32 mi44, Winchester Road, Northampton, West Northamptonshire NN4 8AY3
£216.1K11/230.33 mi16, Eastfield Road, Delapre, Northampton, West Northamptonshire NN4 8PE3
£200K02/210.33 mi6, Eastfield Road, Delapre, Northampton, West Northamptonshire NN4 8PE3
£205K11/210.33 mi4, Eastfield Road, Delapre, Northampton, Northamptonshire NN4 8PE3
£230K02/210.33 mi9, Pleydell Road, Northampton, West Northamptonshire NN4 8NJ3
£250K11/220.33 mi45, Pleydell Road, Northampton, West Northamptonshire NN4 8NJ3
£265K06/210.33 mi8, Winchester Close, Northampton, Northamptonshire NN4 8BA3
£265K08/210.33 mi2, Winchester Close, Northampton, Northamptonshire NN4 8BA3
£195K05/210.34 mi66, Friars Avenue, Northampton, West Northamptonshire NN4 8PX3
£250K09/230.34 mi89, Friars Avenue, Northampton, West Northamptonshire NN4 8PX3
£255K01/210.34 mi68, Friars Avenue, Northampton, Northamptonshire NN4 8PX3
£228K01/210.34 mi60, Friars Avenue, Northampton, Northamptonshire NN4 8PX3
£295K07/230.34 mi77, Friars Avenue, Northampton, West Northamptonshire NN4 8PX3
£295K05/210.34 mi3, Thorpe Road, Northampton, West Northamptonshire NN4 8PD3
£227.5K12/230.36 mi13, Thorpe Road, Northampton, West Northamptonshire NN4 8PD3
£260K01/210.37 mi111, Winchester Road, Northampton, Northamptonshire NN4 8AZ3
£250K11/230.37 mi119, Winchester Road, Northampton, West Northamptonshire NN4 8AZ3
£280K10/230.37 mi43, Winchester Road, Northampton, West Northamptonshire NN4 8AZ3
£275K01/240.38 mi59, Gloucester Crescent, Northampton, West Northamptonshire NN4 8PP3
£239K11/200.38 mi73, Gloucester Crescent, Northampton, Northamptonshire NN4 8PP3
£250K07/210.38 mi69, Gloucester Crescent, Northampton, Northamptonshire NN4 8PP3
£232K11/200.38 mi49, Gloucester Crescent, Northampton, Northamptonshire NN4 8PP3
£275K04/240.38 mi81, Gloucester Crescent, Northampton, West Northamptonshire NN4 8PP3
£247.5K09/210.39 mi12, Gloucester Crescent, Northampton, Northamptonshire NN4 8PR3
£215K03/210.39 mi62, Gloucester Crescent, Northampton, Northamptonshire NN4 8PR3

Local Rents

43 rents from £975/mo to £1.6K/mo, average is £1.3K/mo.

RentDateDistanceAddressBeds 
£1,30006/240.03 miLondon Road, Northampton, Northamptonshire, NN43
£1,30008/240.22 mi-3
£1,30008/240.22 miStevenson Street, Northampton, NN43
£1,30008/240.23 miStevenson street, Far Cotton, Northampton3
£1,40011/240.23 mi-3
£1,50001/250.24 mi-3
£1,30006/240.24 miLondon Road, Delapre, Northampton, NN43
£1,50006/240.35 miWinchester Road, Delapre, Northampton, NN43
£1,20011/240.37 mi-3
£1,40006/240.37 miWinchester Road, Northampton3
£1,25008/240.37 miWinchester Road, NORTHAMPTON3
£1,05003/240.38 miRedruth Close, Delapre, Northampton, NN43
£1,35006/240.43 mi-3
£1,30011/240.43 mi-3
£1,30007/240.44 miPenrhyn Road, Far Cotton, Northampton, NN43
£1,20002/250.45 mi-3
£1,30007/240.46 miSouthampton Road Northampton3
£1,30006/240.46 miPenrhyn Road, NN43
£1,30008/240.47 miPenrhyn Road, Northampton NN4 8ED3
£1,15010/240.47 mi-3
£1,40006/240.47 miTowcester Road, Far Cotton, Northampton, Northamptonshire, NN43
£97506/240.48 miSouthampton Road, Northampton, NN43
£1,25006/240.49 miEuston Road, NORTHAMPTON3
£1,35006/240.5 mi-3
£1,27506/240.5 miEuston Road, Northampton, NN43
£1,25008/240.5 miEuston Road, Northampton, NN43
£1,30008/240.51 miEuston Road, Far Cotton, Northampton, NN43
£1,45002/240.51 mi-3
£1,45001/250.51 mi-3
£1,30002/250.52 mi-3
£1,30006/240.52 miLindisfarne Way, Northampton, NN43
£1,60012/240.52 mi-3
£1,29903/250.52 mi-3
£1,09506/240.54 miSt Leonards Road, Northampton3
£1,25009/240.54 mi-3
£1,25008/240.55 mi-3
£1,35010/240.56 mi-3
£1,50008/240.56 miSt. Leonards Road, Northampton, Northamptonshire, NN43
£1,15008/240.58 miDenston Close, East Hunsbury, Northampton NN43
£1,20003/250.59 mi-3
£1,25012/240.59 mi-3
£1,40008/240.59 miWheelbarrow Court, Northampton, NN4 8UE3
£1,30006/240.61 miTowcester Road, Northampton NN43

Local Area Statistics

Population in NN4

46,727

Population in Northampton

281,924

Town centre distance

1.51 miles away

Nearest school

0.30 miles away

Nearest train station

1.32 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+3%

Sales demand

Seller's market

Capital growth (5yrs)

+20%

Property History

Listed for £225,000

February 10, 2025

Floor Plans

Description

James Anthony Estate Agents are delighted to offer this fantastic opportunity to the market. Nestled in the sought-after Delapre area of Northampton, this charming three-bedroom, semi-detached home offers immense potential and is perfect for those looking to put their personal stamp on a property. With a spacious front and rear garden, plus a garage accessible via a service road, this home provides great value for both families and investors alike.

The ground floor comprises an inviting entrance hall, a generously sized living room with a bay window to the front, and a separate dining area with a bay window overlooking the rear garden. The kitchen offers convenient access to the rear garden, ideal for outdoor entertaining or relaxation. Upstairs, the main bedroom is a bright and airy space with a walk-in bay window, alongside two additional well-proportioned bedrooms and a family bathroom.

Externally, the property benefits from a well-maintained front garden, gated side access, and a garage in need of some refurbishment, accessed via the rear service road. With so much potential and space to grow, this property must be viewed to truly appreciate its possibilities. Don’t miss out on this exciting family home – schedule your viewing today!

Agent Details

James Anthony Estate Agents Ltd, Northampton

01604 279814

Next Steps?

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