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See how verdicts work3-bedroom semi-detached house · NN9 6NJ
Sold STCListed 54 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Magenta Estate Agents invite you to view a Victorian property requiring extensive renovation, offering an exciting opportunity for buyers looking for a substantial project with plenty of potential.
The well-proportioned and versatile accommodation includes four bedrooms, two reception rooms, kitchen and bathroom, while the generous garden and useful outside space further enhance the scope.
With its period character, flexible layout and excellent potential for transformation, this is a property that could be remodelled and modernised to create a superb individual home.
Key features: ·Requires extensive renovation ·Character features ·Two reception rooms ·Four bedrooms ·Good-sized rear garden ·Off-street parking ·No onward chain GROUND FLOOR ENTRANCE HALL Entered via a wooden panelled door into the hall, with tiled flooring, radiator and staircase rising to the first floor.
Doors lead to the reception rooms. LIVING ROOM Situated to the front of the property and featuring a walk-in bay window, radiator beneath and a fireplace with electric fire.
DINING ROOM A good-sized reception room with a traditional cast iron and tile fireplace.
Built-in cupboards are positioned to either side of the fireplace, with two rear-facing windows and a glazed double door leading through to the kitchen.
KITCHEN Requiring complete modernisation and currently fitted with a range of wall and base units with laminate work surfaces, tiled splashbacks and a stainless-steel twin-drainer sink positioned beneath a side-facing window.
There is space for a fridge, with further side and rear-facing windows providing natural light. A door leads through to the rear lobby.
REAR LOBBY Providing access to the rear garden, and to the bathroom.
BATHROOM Requiring updating and currently fitted with a pedestal wash hand basin, low-level WC and bath, together with a side-facing window, radiator, and electric wall heater.
SIDE LOBBY Step up from the kitchen into the side lobby where a door accesses the garden and a further door leads to bedroom four.
RECEPTION ROOM/ BEDROOM FOUR A versatile room with front and side-facing windows together with a radiator.
FIRST FLOOR LANDING A spacious first-floor landing with side-facing window, radiator and doors leading to the three bedrooms and night cloakroom.
NIGHT CLOAKROOM Fitted with a wall-mounted wash hand basin and low-level WC, with side-facing window. BEDROOM ONE A front-facing double bedroom with window and radiator beneath.
BEDROOM TWO A rear-facing double bedroom with radiator beneath the window. The room also has a fitted vanity unit incorporating a ceramic wash hand basin and cupboard beneath.
BEDROOM THREE A good-sized single bedroom with rear window and radiator beneath. A built-in linen cupboard houses the hot water cylinder.
OUTSIDE REAR GARDEN The rear lobby opens onto an area of hardstanding, with a timber gate providing access to the shared passageway.
The garden extends to a particularly generous plot and is enclosed by brick walling to the rear boundary.
The garden is currently overgrown and requires clearance, cultivation and landscaping, but offers considerable scope for improvement. Further side access leads around to the front of the property.
AGENT'S NOTE We understand that a flying freehold exists above the passageway. We would advise prospective purchasers have their legal representative verify this information.
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 Coleman Street, Raunds, Northamptonshire, NN9
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