3 Bed Terraced House, Refurb/BRRR, Northampton, NN1 5HP, £190,000

Lower Thrift Street, Abington, Northampton, NN1 5HP - 5 views - 19 days ago

Sold STC
Refurb/BRRR
Planning
ROI: 7%
~93 m²
+9 photos

ValuationUndervalued

Sold Prices£115K - £332K
Sold Prices/m²£984/m² - £3K/m²

 

 

Square Metres

~93 m²
Price/m²£2K/m²

Value Estimate

£195,700
BMV3%

 

 

End Value (After Refurb)

£208,404

Uplift in Value

+10%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£47,500

Stamp Duty & Legal Fees

£10,700

Refurb Costs

£41,155

Bridging Loan Interest

£4,988

Total Cash In

£106,093

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£208,404

Mortgage (After Refinance)

£156,303

Mortgage LTV

75%

Cash Released

£13,803

Cash Left In

£92,290

Equity

£52,101

Rent Range

£925 - £3,450

Rent Estimate

£1,655

Running Costs/mo

£1,002

Cashflow/mo

£653

Cashflow/yr

£7,833

ROI

7%

Gross Yield

10%

Local Sold Prices

50 sold prices from £115K to £332K, average is £234.5K. £984/m² to £3K/m², average is £2.4K/m².

PriceDateDistanceAddressBeds 
£245K01/240.03 mi124, Lower Thrift Street, Northampton, West Northamptonshire NN1 5HP3
£207.5K03/210.07 mi19, Vernon Terrace, Northampton, Northamptonshire NN1 5HE3
£332K09/210.07 mi21, Berkeley Close, Northampton, Northamptonshire NN1 5BJ3
£285K09/230.08 mi20, Vernon Terrace, Northampton, West Northamptonshire NN1 5HE3
£205K04/210.08 mi81, Upper Thrift Street, Northampton, Northamptonshire NN1 5HR3
£332K09/210.11 mi21, Berkeley Close, Northampton, Northamptonshire NN1 5BJ3
£165K11/200.12 mi46, Melbourne Walk, Northampton, Northamptonshire NN1 5SL3
£205K01/220.13 mi28, Elizabeth Walk, Northampton, West Northamptonshire NN1 5SS3
£180K04/210.13 mi69, Bouverie Walk, Northampton, Northamptonshire NN1 5SN3
£185K11/200.13 mi27, Bouverie Walk, Northampton, Northamptonshire NN1 5SN3
£197K03/210.13 mi45, Bouverie Walk, Northampton, Northamptonshire NN1 5SN3
£195K10/210.14 mi56, Cliftonville Court, Northampton, Northamptonshire NN1 5BZ3
£218K09/230.15 mi56, Cliftonville Court, Northampton, West Northamptonshire NN1 5BZ3
£185K06/210.16 mi36, Vernon Walk, Northampton, Northamptonshire NN1 5SU3
£320.1K06/230.18 mi25, The Avenue, Cliftonville, Northampton, West Northamptonshire NN1 5BT3
£115K10/230.2 mi39, Ethel Street, Northampton, West Northamptonshire NN1 5ER3
£247K11/230.23 mi66, Ethel Street, Northampton, West Northamptonshire NN1 5ES3
£325K01/230.23 mi5, Adams Avenue, Northampton, West Northamptonshire NN1 4LQ3
£225K07/230.25 mi66, Barry Road, Northampton, West Northamptonshire NN1 5JS3
£247K04/210.25 mi15, Barry Road, Northampton, Northamptonshire NN1 5JS3
£265K02/220.25 mi33, Barry Road, Northampton, West Northamptonshire NN1 5JS3
£242K12/200.26 mi15, Adams Avenue, Northampton, Northamptonshire NN1 4LQ3
£285K07/230.26 mi21, Adams Avenue, Northampton, West Northamptonshire NN1 4LQ3
£266K03/210.26 mi25, Whitworth Road, Northampton, Northamptonshire NN1 4HG3
£217K10/230.26 mi41, Whitworth Road, Northampton, West Northamptonshire NN1 4HG3
£225K11/230.26 mi9, Cyril Street, Northampton, West Northamptonshire NN1 5EL3
£165K04/210.27 mi3, Collins Street, Northampton, West Northamptonshire NN1 4TG3
£318.3K06/210.3 mi135, Billing Road, Northampton, West Northamptonshire NN1 5RR3
£241K03/210.32 mi51, Lutterworth Road, Northampton, Northamptonshire NN1 5JP3
£250K07/210.32 mi44, Lutterworth Road, Northampton, Northamptonshire NN1 5JW3
£240K01/210.32 mi12, Lutterworth Road, Northampton, Northamptonshire NN1 5JW3
£242.5K04/210.32 mi34, Lutterworth Road, Northampton, Northamptonshire NN1 5JW3
£225K04/210.33 mi26, Thenford Street, Northampton, Northamptonshire NN1 5QT3
£240K07/210.33 mi72, Lutterworth Road, Northampton, Northamptonshire NN1 5JN3
£197K10/200.33 mi76, Lutterworth Road, Northampton, Northamptonshire NN1 5JN3
£237K12/210.34 mi8, Monks Park Road, Northampton, Northamptonshire NN1 4LY3
£210K09/210.34 mi13, Wycliffe Road, Northampton, West Northamptonshire NN1 5JQ3
£212K12/200.34 mi85, Wycliffe Road, Northampton, Northamptonshire NN1 5JQ3
£203K03/210.34 mi57, Wycliffe Road, Northampton, Northamptonshire NN1 5JQ3
£265K05/230.34 mi87, Wycliffe Road, Northampton, West Northamptonshire NN1 5JQ3
£232K03/210.35 mi104, Adams Avenue, Northampton, Northamptonshire NN1 4LJ3
£268K12/210.35 mi74, Adams Avenue, Northampton, Northamptonshire NN1 4LJ3
£219K05/210.36 mi143, Lutterworth Road, Northampton, Northamptonshire NN1 5JL3
£240K03/210.36 mi106, Lutterworth Road, Northampton, Northamptonshire NN1 5JL3
£290K07/230.36 mi58, Stimpson Avenue, Northampton, West Northamptonshire NN1 4LR3
£275K01/210.36 mi73, Stimpson Avenue, Northampton, Northamptonshire NN1 4LR3
£180K03/210.36 mi73, Talbot Road, Northampton, Northamptonshire NN1 4HZ3
£245K06/230.36 mi51, Talbot Road, Northampton, West Northamptonshire NN1 4HZ3
£177K03/210.37 mi95, Whitworth Road, Northampton, West Northamptonshire NN1 4HQ3
£229.5K10/230.38 mi97, Artizan Road, Northampton, West Northamptonshire NN1 4HR3

Local Rents

51 rents from £925/mo to £3.5K/mo, average is £1.3K/mo.

RentDateDistanceAddressBeds 
£1,25006/240.07 miUpper Thrift Street, Off Billing Road - NN13
£1,60003/250.11 mi-3
£1,30006/240.12 mi-3
£1,30010/240.12 mi-3
£1,30010/240.12 mi-3
£1,10009/240.13 miElizabeth Walk, Northampton, NN13
£1,75009/240.13 mi-3
£1,20002/250.13 mi-3
£1,25006/240.17 miWilby Street, Northampton, NN13
£1,25007/240.17 miVernon Walk, Abington, Northampton NN13
£92503/250.2 mi-3
£2,55002/240.2 mi-3
£2,59506/240.2 mi-3
£2,59507/240.2 mi-3
£3,23006/240.23 mi-3
£3,40007/240.23 mi-3
£1,20006/240.25 miBarry Road, Abington, Northampton NN13
£1,35006/240.26 miNorthampton3
£1,20006/240.26 miWhitworth Road, Northampton, West Northamptonshire, NN13
£1,30006/240.26 mi-3
£1,30006/240.27 miWhitworth Road, Abington, NN13
£1,40012/240.27 mi-3
£1,20006/240.27 miThe Nurseries, Northampton, Northamptonshire, NN13
£1,10008/240.27 miThe Nurseries, Cliftonville - NN13
£1,10010/240.27 mi-3
£1,40003/250.29 mi-3
£1,25008/240.31 miLutterworth Road, Abington, NN13
£1,55008/240.32 miLutterworth Road, Northampton, NN1 5JW3
£1,35009/240.32 miLutterworth Road, Abington, Northampton3
£3,45003/250.32 mi-3
£3,45003/250.32 mi-3
£1,05006/240.33 miWhitworth Road, Abington, Northampton NN13
£3,40008/240.33 mi-3
£3,40001/250.33 mi-3
£1,30008/240.34 miMonks Park Road, NORTHAMPTON3
£1,35007/240.36 miWycliffe Road, Abington, Northampton, NN13
£1,30008/240.36 miLutterworth Road, Northampton, NN13
£3,40006/240.36 mi-3
£3,40002/250.36 mi-3
£1,25007/240.36 miPytchley Street, NORTHAMPTON3
£1,02512/240.37 mi-3
£1,20006/240.37 mi-3
£1,30010/240.37 mi-3
£1,60006/240.37 miBilling Road, Northampton, NN13
£1,40008/240.38 miLoyd Road, Northampton3
£1,10008/240.38 miTalbot Road, NORTHAMPTON3
£1,30003/250.4 mi-3
£1,30006/240.4 miAlexandra Road, Northampton, NN13
£1,35003/250.4 mi-3
£1,40007/240.4 mi-3
£1,40009/240.4 mi-3

Local Area Statistics

Population in NN1

29,170

Population in Northampton

281,924

Town centre distance

0.55 miles away

Nearest school

0.10 miles away

Nearest train station

1.24 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+57%

Sales demand

Balanced market

Capital growth (5yrs)

+20%

Property History

Listed for £190,000

March 17, 2025

Floor Plans

Description

  • Loft & Cellar +
  • Walking Distance To Northampton General Hospital +
  • No Chain +
  • Large Rear Garden +
  • Some uPVC Double Glazed Windows +
  • Gas Central Heating +
  • Character Features +
  • Sought After Location +
  • Potential For Extension/Renovation +
  • Open Fireplaces +

Offered for sale with no chain. A characterful three bedroom Victorian terrace set over three floors, offering a wealth of original features and exciting potential for renovation. With additional loft and cellar space offering scope for conversion (subject to planning permissions), this property is perfect for those looking for a period home with potential. The accommodation comprises entrance hall with access to the cellar, a lounge opening into the dining room, and a kitchen at the rear opening to the garden. On the first floor is a spacious main bedroom and a family bathroom, while the second floor houses two further bedrooms with access to the loft space. Outside, there is an enclosed rear garden. Situated in the ever popular Abington area, the property is close to local parks, independent shops, cafés, well regarded schools, and excellent transport links to Northampton town centre. Viewing is highly recommended to appreciate the potential on offer. EPC Rating: TBC. Council Tax Band: B

HALL Solid timber entrance door. Radiator. Staircase rising to first floor landing. Door to:

LOUNGE 3.38m x 3.05m (11'1 x 10'0) Sash window to front elevation. Radiator. Feature fireplace.

DINING ROOM 2.83m x 3.05m (9'3 x 10'0) Glazed window to rear elevation. Radiator. Open fireplace. Door to cellar. Opening to:

KITCHEN 3.95m x 1.97m (13'0 x 6'6) Glazed windows to side and rear elevations. Timber door to garden. A range of wall and base units. Sink and drainer. Integrated cooker and four ring gas hob. Space for white goods. Baxi boiler.

CELLAR 3.00m x 3.66m (9'10 x 12'0) Power and light. Utility meters.

FIRST FLOOR LANDING uPVC double glazed window to rear elevation. Radiator. Staircase rising to second floor landing.

BEDROOM ONE 3.53m x 4.14m (11'7 x 13'7) Sash window to front elevation. Radiator.

BATHROOM uPVC frosted window to rear elevation. Radiator. A three piece suite comprising panelled bath with shower over, low level WC and porcelain wash hand basin. Airing cupboard.

SECOND FLOOR LANDING Storage cupboard. Access to loft space. Doors to:

BEDROOM TWO 3.33m x 4.14m (10'11 x 13'7) Sash window to front elevation. Radiator. Stairs to loft room.

BEDROOM THREE 3.43m x 2.39m (11'3 x 7'10) uPVC double glazed window to rear elevation. Radiator.

LOFT ROOM Velux window.

OUTSIDE

REAR GARDEN Timber fence perimeter. Mature trees. Shed.

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 – Ask Agent Parking – Ask Agent 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, Abington

01604 279969

Next Steps?

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