3-bedroom house · NN3 8RT
Listing removedListed 251 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
We are acting in the sale of the above property and have received an offer of £191,000 on the above property.
Any interested parties must submit any higher offers in writing to the selling agent before exchange of contracts takes place.Offered to the market with no onward chain, this three-bedroom terrace is an ideal purchase for first-time home buyers and investors.
The property offers spacious accommodation comprising an entrance hall, cloakroom, lounge, kitchen/dining room, three good-sized bedrooms and a spacious family bathroom.
In addition, there is provision for off-road parking and an enclosed private garden to the rear.
The area is well served by local amenities, including the Weston Favell shopping centre, Lings Primary School and Northampton Academy.
There is easy access to the A45 and junctions 15,15a and 16 of the M1 Motorway, as well as the Northampton railway station, with rail links to London and the North. An early viewing is recommended.
Entrance Hall 10'2 x 5'7 Timber entrance door, dog leg style staircase rising to the first floor.
Understairs storage area, radiator, doors to Cloakroom 6'8 x 6'0 Window to the front aspect, storage cupboard, low flush WC, wash hand basin, built in storage cabinets with worksurface over.
Lounge 12'5 x 12'0 Window to the rear aspect overlooking the rear garden, laminate style flooring, radiator, thermostat.
Kitchen/dining room 21'5 x 8'6 In need of updating and comprising a one and a half bowl sink unit with cupboards under, a further range of base and eye level cabinets with ample work surfaces and tiling around, space for cooker, washing machine and fridge, tiled flooring.
Dining Area 18'10 x 7'8 Casement style door leading out to the rear garden, window to rear aspect, laminate style flooring, radiator.
First Floor Landing 8'8 x 2'11 Doors to Bedroom One 12'3 x 11'6 Window to the rear aspect, radiator, laminate style flooring built in cupboard.
Bedroom Two 12'3 x 9'7 Window to rear aspect, laminate flooring, radiator. Bedroom Three 8'10 x 7'7 Window to the front aspect, radiator, laminate style flooring.
Bathroom 6'7 x 5'9 plus recess A fully tiled and spacious bathroom comprising a panelled bath with mixer tap/shower attachment and shower screen over, wash hand basin and low flush WC, radiator, access to the roof space, deep walk-in cupboard housing the gas boiler, window to the front aspect.
Outside Front Open plan frontage with provision for off-road parking Outside Rear A fully enclosed rear garden laid mainly to lawn, gated pedestrian rear access, paved patio area, timber garden store.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
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 23, Melbury Lane Woodfields, Northampton
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