3 Bed Semi-Detached House, Refurb/BRRR, Northampton, NN3 3DZ, £275,000

Ashley Way, Westone, Northampton, NN3 3DZ - 5 views - 2 months ago

Sold STC
Refurb/BRRR
ROI: 1%
~93 m²
+12 photos

ValuationOvervalued

Sold Prices£147.5K - £607.5K
Sold Prices/m²£1.8K/m² - £4.2K/m²

 

 

Square Metres

~93 m²
Price/m²£3K/m²

Value Estimate

£261,613

 

 

End Value (After Refurb)

£300,246

Uplift in Value

+0%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£68,750

Stamp Duty & Legal Fees

£12,700

Refurb Costs

£41,155

Bridging Loan Interest

£7,219

Total Cash In

£131,574

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£300,246

Mortgage (After Refinance)

£225,184

Mortgage LTV

75%

Cash Released

£18,934

Cash Left In

£112,640

Equity

£75,061

Rent Range

£1,050 - £1,600

Rent Estimate

£1,280

Running Costs/mo

£1,214

Cashflow/mo

£66

Cashflow/yr

£789

ROI

1%

Gross Yield

6%

Local Sold Prices

50 sold prices from £147.5K to £607.5K, average is £286.3K. £1.8K/m² to £4.2K/m², average is £3K/m².

PriceDateDistanceAddressBeds 
£330K09/210.01 mi25, Ashley Way, Northampton, Northamptonshire NN3 3DZ3
£350K08/230.09 mi28, Oaklands Drive, Northampton, West Northamptonshire NN3 3JL3
£325K11/210.09 mi6, Oaklands Drive, Northampton, Northamptonshire NN3 3JL3
£337.5K01/240.11 mi1, Oaklands Drive, Northampton, West Northamptonshire NN3 3JN3
£330K11/210.11 mi71, Oaklands Drive, Northampton, West Northamptonshire NN3 3JN3
£260K03/210.11 mi31, Oaklands Drive, Northampton, Northamptonshire NN3 3JN3
£365K11/230.14 mi58, Westone Avenue, Northampton, West Northamptonshire NN3 3JQ3
£330K03/210.14 mi56, Westone Avenue, Northampton, West Northamptonshire NN3 3JQ3
£327.5K12/220.15 mi3, Coaching Walk, Northampton, West Northamptonshire NN3 3EU3
£298K01/210.15 mi47, Coaching Walk, Northampton, Northamptonshire NN3 3EU3
£350K08/230.15 mi47, Coaching Walk, Northampton, West Northamptonshire NN3 3EU3
£300K07/230.15 mi3, Grassmere Avenue, Northampton, West Northamptonshire NN3 3DP3
£214.5K01/210.16 mi85, Ashley Way, Northampton, Northamptonshire NN3 3EB3
£275.5K04/240.16 mi36, Ashley Way, Northampton, West Northamptonshire NN3 3EB3
£295K08/210.21 mi36, Cottarville, Northampton, Northamptonshire NN3 3ES3
£345K05/230.21 mi22, Cottarville, Northampton, West Northamptonshire NN3 3ES3
£345K09/230.21 mi36, Cottarville, Northampton, West Northamptonshire NN3 3ES3
£360K05/230.21 mi32, Cottarville, Northampton, West Northamptonshire NN3 3ES3
£265K10/210.24 mi120, Charnwood Avenue, Northampton, West Northamptonshire NN3 3DY3
£365K03/210.28 mi1, Pinetrees, Northampton, West Northamptonshire NN3 3ET3
£305K01/210.28 mi26, Pinetrees, Northampton, Northamptonshire NN3 3ET3
£320K04/230.28 mi14, Pinetrees, Northampton, West Northamptonshire NN3 3ET3
£287.5K09/210.29 mi618, Wellingborough Road, Northampton, Northamptonshire NN3 3JB3
£280K12/200.31 mi71, High Street, Weston Favell, Northampton, Northamptonshire NN3 3JS3
£258K11/200.34 mi21, Pinetrees, Northampton, Northamptonshire NN3 3ET3
£315K09/230.34 mi30, St Peters Gardens, Weston Favell, Northampton, West Northamptonshire NN3 3JT3
£260K01/210.35 mi54, Bushland Road, Northampton, Northamptonshire NN3 2NP3
£233K08/210.38 mi7, Lombardy Court, Northampton, Northamptonshire NN3 3RX3
£270K07/210.4 mi8, Emley Close, Northampton, Northamptonshire NN3 9SH3
£280K11/230.4 mi4, Emley Close, Northampton, West Northamptonshire NN3 9SH3
£235K09/230.4 mi18, Birchfield Crescent, Northampton, West Northamptonshire NN3 2TG3
£195K02/210.41 mi66, Rickyard Road, Northampton, Northamptonshire NN3 3RS3
£170K07/210.42 mi377, Birchfield Road East, Northampton, West Northamptonshire NN3 2TA3
£210K06/210.42 mi7, Cypress Court, Northampton, West Northamptonshire NN3 3RU3
£210K11/230.42 mi16, Cypress Court, Northampton, West Northamptonshire NN3 3RU3
£288K02/230.42 mi18, Langsett Close, Weston Favell, Northampton, West Northamptonshire NN3 9SG3
£147.5K04/230.42 mi20, Cherry Orchard Place, Weston Favell, Northampton, West Northamptonshire NN3 2TL3
£305K12/230.43 mi23, Debdale Road, Northampton, West Northamptonshire NN3 2TR3
£231K11/210.43 mi11, Langsett Close, Weston Favell, Northampton, Northamptonshire NN3 9SG3
£285K08/230.43 mi16, Langsett Close, Weston Favell, Northampton, West Northamptonshire NN3 9SG3
£340K02/240.44 mi556, Wellingborough Road, Northampton, West Northamptonshire NN3 3JA3
£245K08/230.45 mi91, Rickyard Road, Northampton, West Northamptonshire NN3 3RR3
£190K02/210.46 mi29, Seaton Drive, Northampton, Northamptonshire NN3 9SS3
£235K12/200.47 mi14, Cottagewell Court, Northampton, Northamptonshire NN3 9UA3
£268K08/230.47 mi9, Bushland Road, Northampton, West Northamptonshire NN3 2NS3
£195K02/210.48 mi14, Middlewell Court, Northampton, Northamptonshire NN3 9TZ3
£195K03/210.49 mi248, The Headlands, Weston Favell, Northampton, West Northamptonshire NN3 2NT3
£190K04/230.49 mi4, Baukewell Court, Northampton, West Northamptonshire NN3 8HD3
£350K11/230.5 mi82, Bush Hill, Northampton, West Northamptonshire NN3 2PE3
£607.5K12/230.5 mi11, Graspin Lane, Northampton, West Northamptonshire NN3 3BU3

Local Rents

14 rents from £1.1K/mo to £1.6K/mo, average is £1.3K/mo.

RentDateDistanceAddressBeds 
£1,39507/240.34 mi-3
£1,25006/240.42 miEmley Close, Beau Manor, Northampton, NN33
£1,25009/240.42 miEmley Close, Beau Manor, Northampton, NN33
£1,60007/240.44 miChurch Way, Weston Favel, Northampton3
£1,39506/240.46 miWeston Way, Weston Favell Village, Northampton3
£1,20006/240.46 miSeaton Drive, Standens Barn, Northampton NN3 9SS3
£1,20010/240.47 mi-3
£1,20001/250.49 mi-3
£1,20002/250.49 mi-3
£1,05006/240.49 miNorthampton3
£1,40007/240.53 miUllswater Close, NORTHAMPTON3
£1,05007/240.57 mi-3
£1,30006/240.57 miThe Headlands Northampton3
£1,32504/250.6 mi-3

Local Area Statistics

Population in NN3

68,971

Population in Northampton

281,924

Town centre distance

2.24 miles away

Nearest school

0.40 miles away

Nearest train station

2.99 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+46%

Sales demand

Seller's market

Capital growth (5yrs)

+29%

Property History

Price changed to £275,000

March 16, 2025

Price changed to £290,000

March 8, 2025

Listed for £300,000

February 19, 2025

Floor Plans

Description

  • Bay Fronted +
  • Extended Semi Detached +
  • Three Bedrooms +
  • Utility Room & WC +
  • Lounge/Dining Room +
  • Off Street Parking +
  • Single Garage +
  • Large Rear Garden +

Offered to the market with no upward chain is this extended three bedroom semi-detached bay fronted family home with ample off street parking leading to a single garage. Situated in the popular residential location of Westone. This property is in need of general modernisation throughout, however the property benefits from UPVc double glazing and gas radiator central heating throughout. On entering the property there is an entrance vestibule with access through to the entrance hall. With stairs rising to the first floor and doors leading through to the lounge/dining room and extended kitchen. Off the kitchen there is ac cess to a utility room, cloakroom, sun room and garage, Off the first floor there are three bedrooms and a good size family bathroom.

Outside, there is parking to the front with access to the garage, with a good sized enclosed rear garden.

IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS:
We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller. POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases.

QNT250081/2

Agent Details

YOUR MOVE Nolan Throw, Abington

01604 279792

Next Steps?

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