2-bedroom flat · NN8 1GY
For saleListed 1159 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Rudlens Apartments is a unique collection of 24 completed apartments in the heart of Wellingborough, a small market town located in Northamptonshire.
Located just 5 minute's walk from the development is Wellingborough station with access to London Kings Cross in just 45 mins, the development is also perfectly situated to capitalise on the increased gentrification of this area with more and more Londoners moving out to Wellingborough in search of better value for money when buying property.
Specifications * 10 year warranty - icw * Combi boiler and radiators * Individual room thermostat * pvc-u double glazed windows * Modern Gerberit / Hansgrohe sanitaryware * Porcelain tiling * Howdens gloss white kitchen units * Integrated oven, hob and hood Highlights * Completed, ready to move in apartments * 24 contemporary 1 and 2-bedroom apartments * Leasehold with zero ground rent * Service charge of £1.59 / sqft * London Commuter Belt, just 45 minutes to London Kings Cross station * 10-minute drive from Northampton * Big regeneration area, lots of money being spent on this area to refresh it * Lots of businesses within close proximity of the development Nearby * 5 minutes from Wellingborough Train Station * 45 minutes to London Kings Cross Station * 10-minute drive to Northampton, Chester House Estate, Rushden Lakes Shopping * 5 minute walk to Town Centre, Train Station, Victoria Shopping Centre * 3 minute drive to Isebrook Hospital * Cafes, shopping and local countryside walks * Lots of big companies within Wellingborough including Siemens, Unilever and axa to name but a few
Value & comps
No previous sales on record.
Returns
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We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About 8, Mill Road, Wellingborough
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