3 Bed Semi-Detached House, Refurb/BRRR, Northampton, NN3 7ST, £220,000

Parade Bank, Moulton, Northampton, NN3 7ST - 1 views - 23 days ago

Sold STC
Refurb/BRRR
ROI: 2%
~93 m²
+5 photos

ValuationUndervalued

Sold Prices£99K - £575K
Sold Prices/m²£1.6K/m² - £4.9K/m²

 

 

Square Metres

~93 m²
Price/m²£2.4K/m²

Value Estimate

£244,800
BMV2%

 

 

End Value (After Refurb)

£278,501

Uplift in Value

+16%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£55,000

Stamp Duty & Legal Fees

£13,200

Refurb Costs

£41,155

Bridging Loan Interest

£5,775

Total Cash In

£116,880

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£278,501

Mortgage (After Refinance)

£208,876

Mortgage LTV

75%

Cash Released

£43,876

Cash Left In

£73,004

Equity

£69,625

Rent Range

£950 - £1,500

Rent Estimate

£1,404

Running Costs/mo

£1,171

Cashflow/mo

£233

Cashflow/yr

£2,795

ROI

2%

Gross Yield

8%

Local Sold Prices

42 sold prices from £99K to £575K, average is £302.3K. £1.6K/m² to £4.9K/m², average is £3.3K/m².

PriceDateDistanceAddressBeds 
£285K08/210.02 mi20, Parade Bank, Moulton, Northampton, Northamptonshire NN3 7ST3
£395K05/210.07 miCopper Beech Cottage, 14, Chater Street, Moulton, Northampton, Northamptonshire NN3 7UD3
£395K05/210.07 miCopper Beech Cottage, 14, Chater Street, Moulton, Northampton, Northamptonshire NN3 7UD3
£320K01/240.1 mi1, Church Hill, Moulton, Northampton, West Northamptonshire NN3 7SW3
£400K09/230.13 mi6, Doves Lane, Moulton, Northampton, West Northamptonshire NN3 7TA3
£365K04/230.15 mi26, Cross Street, Moulton, Northampton, West Northamptonshire NN3 7RZ3
£575K08/230.2 mi2, The Grove, Moulton, Northampton, West Northamptonshire NN3 7UF3
£385K04/240.2 mi44, The Grove, Moulton, Northampton, West Northamptonshire NN3 7UF3
£315K07/230.2 mi46, The Grove, Moulton, Northampton, West Northamptonshire NN3 7UF3
£297.5K12/200.29 mi5, Lunchfield Gardens, Moulton, Northampton, Northamptonshire NN3 7AP3
£260K08/230.3 mi10, Manor Road, Moulton, Northampton, West Northamptonshire NN3 7QU3
£270K02/240.33 mi21, Tarrant Way, Moulton, Northampton, West Northamptonshire NN3 7US3
£265K09/210.33 mi48, The Grove, Moulton, Northampton, Northamptonshire NN3 7UF3
£268K03/210.36 mi5, Tarrant Way, Moulton, Northampton, Northamptonshire NN3 7US3
£435K05/240.37 mi14, Jeyes Close, Moulton, Northampton, West Northamptonshire NN3 7GH3
£372K07/210.38 mi1, Ashley Lane, Moulton, Northampton, Northamptonshire NN3 7TH3
£375K08/230.38 mi49, Ashley Lane, Moulton, Northampton, West Northamptonshire NN3 7TH3
£310K06/210.41 mi50b, Overstone Road, Moulton, Northampton, Northamptonshire NN3 7UX3
£295K03/210.42 mi94, Northampton Lane North, Moulton, Northampton, Northamptonshire NN3 7QR3
£255K03/240.43 mi12, Carey Close, Moulton, Northampton, West Northamptonshire NN3 7SN3
£330K12/220.46 mi17, Arnsby Crescent, Moulton, Northampton, West Northamptonshire NN3 7SL3
£287.5K01/210.49 mi12, Sandy Hill Lane, Moulton, Northampton, Northamptonshire NN3 7AW3
£282.5K11/200.5 mi2, The Furrows, Moulton, Northampton, Northamptonshire NN3 7DA3
£99K12/230.5 mi30, The Furrows, Moulton, Northampton, West Northamptonshire NN3 7DA3
£390K04/240.52 mi13, Harvey Lane, Moulton, Northampton, West Northamptonshire NN3 7RB3
£243K12/200.53 mi29, Turnpike, Moulton, Northampton, Northamptonshire NN3 7DJ3
£275K08/230.55 mi18, Groveleys Close, Moulton, Northampton, West Northamptonshire NN3 7BP3
£282.5K03/230.65 mi20, Manning Road, Moulton, Northampton, West Northamptonshire NN3 7XD3
£357.5K03/230.68 mi32, West Leys Court, Moulton, Northampton, West Northamptonshire NN3 7UB3
£235K03/230.68 mi41, West Leys Court, Moulton, Northampton, West Northamptonshire NN3 7UB3
£237.5K11/210.68 mi14, West Leys Court, Moulton, Northampton, West Northamptonshire NN3 7UB3
£310K04/230.72 mi4, Manning Road, Moulton, Northampton, West Northamptonshire NN3 7XE3
£310K02/230.75 mi21, Rides Court, Moulton, Northampton, West Northamptonshire NN3 7UA3
£220K10/210.79 mi91, Cottingham Drive, Moulton, Northampton, Northamptonshire NN3 7LG3
£265K04/230.79 mi44, Lowick Court, Moulton, Northampton, West Northamptonshire NN3 7TZ3
£375K11/200.8 mi43, Thorpeville, Moulton, Northampton, Northamptonshire NN3 7TS3
£365K01/230.81 mi29, Thorpeville, Moulton, Northampton, West Northamptonshire NN3 7TS3
£307K03/210.82 mi3, Wagtail Close, Moulton, Northampton, Northamptonshire NN3 7EY3
£310K02/230.9 mi12, Cottingham Drive, Moulton, Northampton, West Northamptonshire NN3 7LD3
£250K10/230.91 mi9, Cottingham Drive, Moulton, Northampton, West Northamptonshire NN3 7LD3
£275K08/210.91 mi15, Underbank Lane, Moulton, Northampton, Northamptonshire NN3 7HH3
£288K05/240.93 mi18, Mardell Way, Overstone, Northampton, West Northamptonshire NN6 0RU3

Local Rents

11 rents from £950/mo to £1.5K/mo, average is £1.4K/mo.

RentDateDistanceAddressBeds 
£1,45007/240.44 miFuller Road, Moulton, Northampton3
£1,45008/240.44 miFuller Road, Moulton, Northampton3
£1,45006/240.75 miNova Close, Overstone3
£1,45012/240.76 miFern Way, Overstone3
£1,50006/240.79 miLilac Way, Overstone3
£1,50006/240.79 miLilac Way, Overstone3
£1,45006/240.8 miStratford Drive, Overstone3
£1,45012/240.8 miIndigo Close, Overstone3
£1,29506/240.8 miNorthampton Lane South, Moulton, Northampton3
£1,50006/241.05 miAbbeyfield Close, Overstone, NN6 0GF3
£95006/241.21 miMedellin Hill, Southfields, Northampton, Northamptonshire, NN33

Local Area Statistics

Population in NN3

68,971

Population in Northampton

281,924

Town centre distance

3.72 miles away

Nearest school

0.10 miles away

Nearest train station

4.28 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 £220,000

March 24, 2025

Listed for £240,000

March 14, 2025

Floor Plans

Description

  • Heart Of The Village +
  • Extended Semi Detached House +
  • Two First Floor Bedrooms +
  • Scope For Modernisations & Alternation +
  • Garage & Gardens +
  • No Onward Chain +

Offering an opportunity to modernise, adapt or extend, and positioned in the heart of this thriving village is this versatile, extended semi detached home. The property has had only one owner since construction in the 1960's due to the location and convenience. Extended to provide a larger kitchen/breakfast room at the rear. The remaining accommodation comprises entrance hall with access to a full width lounge in excess of 18ft, multi purpose room leading to a conservatory, shower room and two generous first floor bedrooms. Outside, there is a large, low maintenance garden to the front, covered passageway from the front to the enclosed rear garden. There is a garage situated in a block which also comes with the property.  EPC Rating: E. Council Tax Band: C

ENTRANCE Hardwood entrance door under a covered passageway which runs the majority of the depths of the property. Doors to the kitchen and entrance hall.

HALLWAY Access to:

LOUNGE 4.50m x 5.72m (14'9 x 18'9) Formerly two rooms, the lounge now occupies the width of the property. Two windows to front elevation. Two radiators. Fireplace. Storage cupboard.

KITCHEN/BREAKFAST ROOM 4.80m x 3.05m (15'9 x 10'0) Extended to allow space for a dining suite. Windows to side and rear elevations overlooking the rear garden. Fitted with a range of wall and base units with work surfaces over. Inset stainless steel single drainer sink unit. Space and plumbing for washing machine. Door to covered passageway.

BEDROOM THREE/DINING ROOM 3.68m x 3.15m (12'1 x 10'4) Radiator. Double glazed sliding patio patio doors to:

CONSERVATORY 2.46m x 2.84m (8'1 x 9'4) Glazed on a timber and brick base overlooking the rear garden. Door to garden.

SHOWER ROOM 2.13m x 1.60m (7'0 x 5'3) Obscure window to side elevation. Radiator. Fitted with a suite comprising double shower space for soakaway floor, pedestal wash hand basin and low level WC. Tiling to splash back areas.

FIRST FLOOR LANDING Doors to bedrooms.

BEDROOM ONE 4.06m x 3.15m (13'4 x 10'4) Window to front elevation. Radiator.

BEDROOM TWO 3.43m x 3.15m (11'3 x 10'4) Window to rear elevation. Radiator. Access to eaves storage cupboards. Radiator.

OUTSIDE

FRONT GARDEN Open plan and laid to gravel. The front has been designed for low maintenance.

REAR GARDEN A gently tiered garden with paved patio stretching the width of the property. Central steps ascent through a lawn and lead to a second, raised paved patio area with feature fireplace set into stone. Stone wall to the rear boundary with the remainder is enclosed by timber panelled fencing. Security lighting and electric point.

GARAGE Located in a block providing storage.

MATERIAL INFORMATION

Electricity Supply – Ask Agent Gas Supply – Ask Agent Electricity/Gas Supplier - Water Supply – Ask Agent Sewage Supply – Ask Agent Broadband - Mobile Coverage - Solar PV Panels – Ask Agent EV Car Charge Point – Ask Agent Primary Heating Type – Ask Agent Parking – Ask Agent Accessibility – Ask Agent Right of Way – Ask Agent Restrictions – Ask Agent 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, Moulton

01604 279859

Next Steps?

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