2-bedroom flat · NN8 1QG
Sold STCListed 151 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A smartly presented two bedroom first floor apartment that is located to the east of the town, and offers both generous accommodation and great access to Wellingborough Train Station (service to London St Pancras in under 50 minutes).
The property is sold on a 25% shared ownership basis.
Built in 2019 by East Midlands Housing Association, the flat is tastefully decorated and features UPVC double glazing and gas radiator central heating.
Upon entering the apartment there is a spacious hallway with doors leading off to all rooms, attractive living/dining room, modern fitted kitchen, 2 double bedrooms and a stylish bathroom suite.
Outside is a parking area with five communal spaces that service the block.
The flat is conveniently placed for shops, schools, and Castlefield Park and is sold with approximately 118 years remaining on the lease.
The flat is a great opportunity to get onto the housing ladder and a viewing is recommended. The Accommodation Comprises: - (Please note that all sizes are approximate only).
Entrance Hall - Spacious hallway with rooms to both bedrooms, bathroom and living room. Smartly decorated, the hall features laminate flooring, radiator and useful storage cupboard.
Lounge/Dining Room - 5.51m x 3.86m (18'1" x 12'8) - Bright and airy reception room that features 5 separate double glazed windows allowing light to floor the room.
The room is an interesting design with a bay front.
laminate flooring, radiator, and door to the kitchen, Kitchen - 2.51m x 3.15m (8'3" x 10'4) - Smartly fitted kitchen that offers plenty of work top space, and features base and wall mounted cupboards, pull out drawers, plumbing for a washing machine, oven, gas hob and cooker hood.
The kitchen also features double glazed windows, radiator and laminate flooring.
Bedroom 1 - 3.28m x 3.86m (10'9" x 12'8") - Lovely size main bedroom that features laminate flooring, double glazed window, radiator and laminate flooring.
Bedroom 2 - 4.50m x 2.54m (14'9 x 8'4") - Good size double bedroom, that features double glazed window, radiator and laminate flooring.
Bathroom - Modern suite consisting of a bath with shower over, WC, wash hand basin, attractive grey tiling and heated towel rail. Outside - Communal entrance hall.
Parking area - note no spaces are allocated within the block and are on a 'first come first served basis'.
Lease Details & Costs - Term: 125 years from 01/02/2019 (118 years remaining) 25% share Rent for remainder = £279.50 per month Current service charge = £116.91 per month All figures quoted are as at May 2026 Council Tax - North Northamptonshire Council.
Band B rating. Wanting To View? - To arrange a viewing of this property please call us on or email .
Referral Fees - Any recommendations that we may make to use a solicitor, conveyancer, removal company, house clearance company, mortgage advisor or similar businesses is based solely on our own experiences of the level of service that any such business normally provides.
We do not receive any referral fees or have any other inducement arrangement in place that influences us in making the recommendations that we do. In short, we recommend on merit.
Important Note - Please note that Harwoods have not tested any appliances, services or systems mentioned in these particulars and can therefore offer no warranty.
If you have any doubt about the working condition of any of these items then you should arrange to have them checked by your own contractor prior to exchange of contracts.
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 Compton Road, Wellingborough
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