3 Bed Terraced House, Refurb/BRRR, Northampton, NN1 4RW, £280,000

Cedar Road, Abington, Northampton, NN1 4RW - 7 views - 2 months ago

Refurb/BRRR
ROI: 1%
~93 m²
+9 photos

ValuationOvervalued

Sold Prices£180K - £380K
Sold Prices/m²£1.9K/m² - £3.4K/m²

 

 

Square Metres

~93 m²
Price/m²£3K/m²

Value Estimate

£240,706

 

 

End Value (After Refurb)

£277,500

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£70,000

Stamp Duty & Legal Fees

£11,100

Refurb Costs

£41,155

Bridging Loan Interest

£7,350

Total Cash In

£131,355

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£277,500

Mortgage (After Refinance)

£208,125

Mortgage LTV

75%

Cash Left In

£131,355

Equity

£69,375

Rent Range

£495 - £1,850

Rent Estimate

£1,276

Running Costs/mo

£1,142

Cashflow/mo

£134

Cashflow/yr

£1,603

ROI

1%

Gross Yield

5%

Local Sold Prices

50 sold prices from £180K to £380K, average is £273.3K. £1.9K/m² to £3.4K/m², average is £2.8K/m².

PriceDateDistanceAddressBeds 
£270K09/210.04 mi63, Cedar Road, Northampton, Northamptonshire NN1 4RW3
£275K07/230.04 mi98, Cedar Road, Northampton, West Northamptonshire NN1 4RW3
£280K04/210.06 mi60, Broadway, Northampton, Northamptonshire NN1 4SQ3
£286K07/230.06 mi58, Broadway, Northampton, West Northamptonshire NN1 4SQ3
£286.5K01/210.08 mi44, Broadway, Northampton, Northamptonshire NN1 4SQ3
£260K07/230.1 mi143, Ashburnham Road, Northampton, West Northamptonshire NN1 4RB3
£330K07/230.1 mi123, Ashburnham Road, Northampton, West Northamptonshire NN1 4RB3
£266K12/200.11 mi110, Ashburnham Road, Northampton, Northamptonshire NN1 4RB3
£258K12/200.11 mi114, Ashburnham Road, Northampton, Northamptonshire NN1 4RB3
£294K12/210.13 mi1, The Vale, Northampton, West Northamptonshire NN1 4SU3
£218.2K11/200.13 mi15, Oakwood Road, Northampton, Northamptonshire NN1 4SX3
£250K11/200.13 mi5, Oakwood Road, Northampton, Northamptonshire NN1 4SX3
£335K06/210.13 mi106, Birchfield Road, Northampton, Northamptonshire NN1 4RJ3
£275K03/210.15 mi156, Cedar Road East, Northampton, Northamptonshire NN3 2JF3
£250K12/200.15 mi126, Cedar Road East, Northampton, Northamptonshire NN3 2JF3
£220K12/200.15 mi176, Cedar Road East, Northampton, Northamptonshire NN3 2JF3
£272K02/210.15 mi110, Cedar Road East, Northampton, Northamptonshire NN3 2JF3
£272.5K06/210.15 mi111, Ashburnham Road, Northampton, Northamptonshire NN1 4RA3
£274K09/210.15 mi97, Ashburnham Road, Northampton, West Northamptonshire NN1 4RA3
£280K12/230.15 mi74, Ashburnham Road, Northampton, West Northamptonshire NN1 4RA3
£229K12/200.15 mi90, Ashburnham Road, Northampton, Northamptonshire NN1 4RA3
£325K01/210.17 mi53, Collingwood Road, Northampton, Northamptonshire NN1 4RL3
£370K12/220.17 mi39, Brookland Road, Northampton, West Northamptonshire NN1 4SN3
£240K11/210.17 mi31, Brookland Road, Northampton, West Northamptonshire NN1 4SN3
£252.5K06/210.17 mi9, Brookland Road, Northampton, Northamptonshire NN1 4SN3
£310K01/230.17 mi191, Abington Avenue, Northampton, West Northamptonshire NN1 4PX3
£305K08/230.18 mi110, Broadway East, Northampton, West Northamptonshire NN3 2PP3
£180K03/210.18 mi13, Linden Road, Northampton, Northamptonshire NN3 2JJ3
£255K02/240.18 mi3, Linden Road, Northampton, West Northamptonshire NN3 2JJ3
£250K06/230.18 mi14, Linden Road, Northampton, West Northamptonshire NN3 2JJ3
£308K01/210.18 mi58, The Drive, Northampton, Northamptonshire NN1 4SJ3
£350K12/210.21 mi16, The Drive, Northampton, West Northamptonshire NN1 4SH3
£350K06/210.21 mi32, The Drive, Northampton, Northamptonshire NN1 4SH3
£325K10/230.21 mi18, The Drive, Northampton, West Northamptonshire NN1 4SH3
£375K08/230.21 mi20, Lime Avenue, Northampton, West Northamptonshire NN3 2HB3
£230K11/200.22 mi51, Beech Avenue, Northampton, Northamptonshire NN3 2JG3
£300K01/240.22 mi11, Hawthorn Road, Northampton, West Northamptonshire NN3 2JH3
£260K02/240.22 mi116, The Drive, Northampton, West Northamptonshire NN1 4SP3
£380K05/230.23 mi114, Park Avenue North, Northampton, West Northamptonshire NN3 2JB3
£315K04/210.24 mi99, Park Avenue North, Northampton, West Northamptonshire NN3 2HX3
£297K11/230.24 mi94, Beech Avenue, Northampton, West Northamptonshire NN3 2JG3
£308K11/210.24 mi60, Birchfield Road, Northampton, West Northamptonshire NN1 4RE3
£265K08/230.24 mi107, St Matthews Parade, Northampton, West Northamptonshire NN2 7HD3
£220K03/210.24 mi79, St Matthews Parade, Northampton, Northamptonshire NN2 7HD3
£295K01/230.24 mi70, Beech Avenue, Northampton, West Northamptonshire NN3 2JG3
£253K03/230.25 mi42, Ashburnham Road, Northampton, West Northamptonshire NN1 4QY3
£235K06/230.25 mi37, Ashburnham Road, Northampton, West Northamptonshire NN1 4QY3
£270K11/210.25 mi5, Chestnut Road, Northampton, Northamptonshire NN3 2JL3
£205K03/230.25 mi9, Chestnut Road, Northampton, West Northamptonshire NN3 2JL3
£265K04/240.25 mi19, Beech Avenue, Northampton, West Northamptonshire NN3 2HE3

Local Rents

49 rents from £495/mo to £1.9K/mo, average is £1.3K/mo.

RentDateDistanceAddressBeds 
£1,85011/240.06 mi-3
£1,50003/250.09 mi-3
£1,39505/240.12 mi-3
£1,30007/240.13 miAshburnham Road, Northampton NN1 4RA3
£1,25006/240.13 miCedar Road East, Abington, Northampton NN3 2JF3
£1,35008/240.17 miCollingwood Road, Phippsville, NN13
£1,17508/240.17 miBrookland Road, Kingsley, Northampton, NN13
£1,32506/240.18 miBroadway East, Abington, Northampton, NN33
£1,15008/240.21 miThe Drive, Northampton3
£1,20007/240.22 miClarke Road, Abington - NN13
£1,30006/240.25 miBeech Avenue, NORTHAMPTON3
£1,25009/240.26 miThe Drive, Northampton, Northamptonshire, NN13
£99506/240.26 miPhippsville Court, Northampton NN2 7JW3
£1,30006/240.26 miAshburnham Road, Northampton, NN13
£1,25006/240.27 miThe Crescent, Northampton, NN13
£1,60006/240.28 miBeech Avenue, Abington - NN33
£1,62508/240.28 miBeech Avenue, Abington - NN33
£1,50001/250.29 mi-3
£1,30008/240.29 miPurser Road, Northampton, West Northamptonshire, NN13
£1,30006/240.3 miBeech Avenue, , Northampton NN3 2JN3
£1,29508/240.31 mi-3
£1,29506/240.31 miThe Drive, Northampton, NN13
£1,05007/240.31 mi-3
£1,10011/240.31 mi-3
£1,05007/240.31 miPurser Road, Northampton, NN13
£1,60004/250.32 mi-3
£1,20006/240.34 miByron Street, Poets Corner, Northampton, NN23
£1,25008/240.34 miByron Street, Northampton, Northamptonshire, NN23
£1,20006/240.34 miPurser Road, Abington, NN13
£1,25004/250.36 mi-3
£1,35003/250.36 mi-3
£1,15006/240.36 miRoseholme Road, Abington3
£1,10008/240.36 mi56, Moore Street, Kingsley, Northampton NN2 7HX3
£1,39508/240.37 miAbington Avenue, Abington3
£1,25006/240.37 miLea Road, Northampton, NN13
£1,15008/240.37 miRoe Road, Northampton3
£1,20006/240.37 miRoseholme Road, Abington, Northampton, NN13
£1,30006/240.37 miLea Road, NORTHAMPTON3
£1,40006/240.38 miLea Road, Northampton, Northamptonshire, NN13
£1,27510/240.38 mi-3
£1,30006/240.39 miIvy Road, Abington, Northampton NN1 4QS3
£1,09507/240.39 miLindsay Avenue, Northampton3
£1,30008/240.39 miIvy Road Abington Northampton3
£1,30006/240.4 miLindsay Avenue, Abington, Northampton, NN33
£1,20008/240.41 miMilton Street, NORTHAMPTON3
£1,30009/240.41 mi-3
£49501/250.41 mi-3
£1,40010/240.43 mi-3
£1,40003/250.43 mi-3

Local Area Statistics

Population in NN1

29,170

Population in Northampton

281,924

Town centre distance

1.08 miles away

Nearest school

0.20 miles away

Nearest train station

1.79 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+57%

Sales demand

Balanced market

Capital growth (5yrs)

+20%

Property History

Listed for £280,000

February 26, 2025

Floor Plans

Description

  • Three Bedroom Victorian Terrace +
  • Large Rooms +
  • Character Features +
  • Separate Dining Room +
  • Three Double Bedrooms +
  • Possiblity to Create Off Road Parking +
  • Cellar +
  • Lots of Potential +
  • Popular Location +
  • No Chain +

Jackson Grundy are delighted to be the chosen agent to market this characterful three bedroom Victorian property located on Cedar Road, Abington.  This property is right in the heart of Abington with easy access to Abington Park and Northampton County Cricket Ground.  The property in question is of a fantastic size and offers bags of scope for further renovations.  In short, the accommodation comprises entrance hall, lounge, sitting room, kitchen and dining room.  The first floor offers three double bedrooms and a three-piece suite family bathroom. The rear garden has been well tended and offers potential for off road parking.  Further benefits include character features such as feature fireplaces, dado rails, ceiling roses, cellar and no onward chain.  Please call to arrange a viewing. EPC Rating: TBC. Council Tax Band: C.

ENTRANCE HALL Enter via timber door with glazed panel. Radiator.  Dado rail.  Feature coving.  Stairs rising to first floor.  Doors to:

LOUNGE 4.77m max x 3.67m (15’8 x 12’) uPVC double glazed window to front elevation. Radiator.  Picture Rail.  Ceiling rose. Feature fireplace.  Double doors into:

SITTING ROOM 3.53m x 2.89m (11’7 x 9’6’) Timber glazed door to garden.  Radiator.  Picture Rail. Ceiling rose.  Feature fireplace.

KITCHEN 3.74m x 2.81m (12’3 x 9’3) Glazed window to side elevation.  Timber door to rear garden.  Range of wall mounted and base level units with work surface over. Integrated oven and hob.  Space for white goods.  Stainless steel sink and drainer.  Door down to cellar.

DINING ROOM 4.56m x 2.87m (15’ x 9’5) Glazed window to rear elevation.  Radiator.  Picture rail.

FIRST FLOOR LANDING Dado rail.  Doors to:

BEDROOM ONE 4.20m x 4.71m (13’9 x 15’5) uPVC double glazed window to front elevation. Radiator.  Built in storage cupboards.  Picture rail.

BEDROOM THREE 3.42m x 2.96m max (11’3 x 9’8) uPVC double glazed window to rear elevation. Radiator.  Built in storage.  Feature fireplace.

BEDROOM TWO 6.10m max x 2.85m (20’ x 9’4) uPVC double glazed window to rear elevation. Radiator.  Cupboard housing Vaillant combination boiler.

FAMILY BATHROOM 2.26m x 2.13m (7’5 x 7’) Obscure glazed window to side elevation.  Radiator.  Three-piece suite comprising panel bath with shower over.  Hand wash basin in vanity unit and low level WC.

CELLAR Utility meters.  RCD consumer unit.

OUTSIDE

REAR Enclosed by brick wall.  Timber gates to rear.  Mainly laid to lawn.  Block paved patio.  Outdoor tap. Timber summerhouse.

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

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, Abington

01604 279969

Next Steps?

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