Modern Method of Auction
Auction date not yet published
We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work1-bedroom flat · NN9 5HU
For saleReduced £5k (−5%) on 6 AugListed 111 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
The property is being marketed under iamsold to understand more about the process please contact Call to discuss you wont want to miss out on this property.
An ideal purchase for first-time buyers or buy-to-let investors, this well-presented ground floor apartment offers spacious, low-maintenance accommodation in the popular market town of Finedon.
Benefitting from a long lease, the property presents an excellent opportunity for those looking to step onto the property ladder or expand their investment portfolio.
The accommodation is well-proportioned throughout, providing comfortable and practical living space with a layout suited to modern lifestyles.
Conveniently located within easy reach of local shops, amenities, schools and transport links, the property is ideally positioned for everyday convenience.
Further benefits include a 999-year lease from 24th June 1986, peppercorn ground rent (not payable), and professionally managed communal areas by Orchard Block Management Services Ltd.
The service charge for the 2026/2027 period is to be confirmed. --- Living Room 13'3” × 11'11” (4.04 m × 3.63 m) UPVC double glazed entrance door and double glazed window to the front elevation.
Electric storage heater, newly fitted carpet, intercom system, and internal doors leading to the kitchen and hallway. Built-in cupboard housing the fuse boxes.
Kitchen 6'9” × 4'11” (2.06 m × 1.50 m) Fitted with a range of wall and base units incorporating complementary work surfaces and a sink with drainer.
Part tiled walls, freestanding electric oven with electric hob and cooker hood above. Plumbing for a washing machine, space for a fridge/freezer, and wall-mounted electric heater.
Hallway Internal doors providing access to the bathroom and bedroom. Large storage cupboard with hanging rail and shelving, together with a separate airing cupboard.
Bathroom 6'7” × 4'7” (2.01 m × 1.40 m) Comprising a panelled bath with mixer tap and shower over, wash hand basin, low-level WC, vanity mirror, and mirrored bathroom cabinet.
Part tiled walls, wall-mounted electric heater, and vinyl flooring.
Bedroom 9'8” × 7'9” (2.95 m × 2.36 m) Double glazed window to the rear elevation, electric storage heater, and newly fitted carpet flooring.
Front Garden Open frontage with a designated bin storage area to the front of the property. Parking The property benefits from an allocated off-road parking space.
--- Material Information - The property Tenure is Leasehold. Auctioneer's Comments This property is for sale by Modern Method of Auction powered by iamsold Ltd.
Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold Limited.
This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyer's solicitor.
This additional time allows buyers to proceed with mortgage finance (subject to lending criteria, affordability, and survey).
The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee.
This being 4.5% of the purchase price including VAT, subject to a minimum of £6,600 including VAT.
The Reservation Fee is paid in addition to the purchase price and will be considered as part of the chargeable consideration for the property in the calculation for Stamp Duty Land Tax.
Buyers will be required to complete an identification process with iamsold and provide proof of how the purchase would be funded.
This property has a Buyer Information Pack containing documents about the property.
The documents may not tell you everything you need to know about the property, so you should complete your own due diligence before bidding.
A sample Reservation Agreement and terms and conditions are available from iamsold. Please speak to the estate agent or visit the iamsold website for more information.
The seller reserves the right to accept or reject any offer under the terms of the Modern Method of Auction.
Services There is no gas to the property, mains drainage, electricity and water are understood to be connected.
Council Tax We understand the Council Tax Band A property will typically cost around £1,500£1,700 per year for the 2026/27 tax year, depending on the parish precept and any local variations.
Agents Note Please be aware that some photographs used in our particulars are obtained using a wide-angle lens.
Conveyancing We are able to offer a free quotation for your conveyancing from a panel of local solicitors or licensed conveyancers.
Offers For offers to be submitted in the best light, the majority of vendors require us to confirm buyers have been financially qualified.
We will require a Mortgage Certificate or Agreement In Principle (A.I.P.) and proof of deposit or cash. This information will be treated confidentially and will not be seen by any other party.
We are obliged by law to pass on all offers to the vendors until contracts have been exchanged.
Money Laundering Regulations 2017 & Proceeds of Crime Act 2002 In order to comply with the above Regulations, an intending purchaser will be required to provide official I.D; proof of address, evidence of funding and source of deposit clearly showing the name of the account holder.
If funds are being provided by a third party i.e. Family, we will require the same from them too. We will verify client's identity electronically from the details provided.
The information will be checked against various databases. This is not a credit check of any kind and does not affect credit history. We will retain a record on file.
General Data Protection Regulations 2018 Should you view or offer on this property, we will require certain pieces of personal information in order to provide a professional service to you and our client.
The personal information provided by you may be shared with the seller, but it will not be shared with any other third parties without your consent.
More information on how we hold and process your data is available on our website - Mortgages We are able to offer our clients mortgage advice through our association with an independent mortgage advisor.
Written quotations are available on request. A life policy may be required. Your home may be repossessed if you do not keep up repayments on your mortgage.
Disclaimer The information given in these particulars is intended to help you decide whether you wish to view this property and to avoid wasting your time in viewing unsuitable properties.
We have tried to make sure that these particulars are accurate, but to a large extent we have to rely on what the seller tells us about the property.
We do not check every single piece of information ourselves as the cost of doing so would be prohibitive and we do not wish to unnecessarily add to the cost of moving house.
Once you find the property you want to buy, you will need to carry out more investigations into the property than it is practical or reasonable for an estate agent to do when preparing sales particulars.
For example, we have not carried out any kind of survey of the property to look for structural defects and would advise any homebuyer to obtain a surveyor's report before exchanging contracts.
If you do not have your own surveyor, we would be pleased to recommend one.
We have not checked whether any equipment in the property (such as central heating) is in working order and would advise homebuyers to check this.
You should also instruct a solicitor to investigate all legal matters relating to the property (e.g.
Title, planning permission etc) as these are specialist matters in which estate agents are not qualified. Your solicitor will also agree with the seller what items (e.g.
Carpets, curtains etc) will be included in the sale.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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
.png)
FAQ
About 17, The Wells, Wellingborough
Explore nearby