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 work2-bedroom house · NN8 2BF
Listing removedListed 190 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Bright and modern two-bedroom mid-terraced house now available in Wellingborough, through Shared Ownership.
The property features an entrance hallway, reception room, separate kitchen, and a toilet on the ground floor. On the first floor, there are two bedrooms and one family bathroom.
Outside, there is a spacious rear garden, a shed and allocated parking. Available for £66,000 for 30% share based on the marketing figure of £220,000.
Monthly rent - £338.6 Monthly Service Charge - £85.47 Total Monthly Charge - £424.07 plus mortgage required for 30% share.
On certain properties, service charges may be billed in different frequencies. For the purposes of illustration, our advertisement will state the equivalent monthly charge.
Where charges are not billed monthly, purchasers will be informed before proceeding.
An annual rent increase takes place every April Location Situated in a quiet residential cul-de-sac, Parkins Close enjoys a convenient position within Wellingborough, with a wide range of everyday amenities close by.
The town centre is about a 5–7-minute drive or a 20–25-minute walk away, offering local markets, independent shops, cafés, and essential services.
Nearby you’ll find supermarkets, fitness centres and leisure facilities within a 5-minute drive, while several green open spaces, playgrounds and riverside walks are reachable in 5–10 minutes.
Local healthcare provision, including gp surgeries, dental practices and pharmacies, is also within a short 5-minute drive, making the area practical for day-to-day living.
Well placed for commuting, the property is approximately 5 minutes by car or 12 minutes on foot from the main railway station, providing direct services to London St Pancras in around 50–55 minutes.
Road links are excellent, with quick access to the A509 and A45, which connect to surrounding towns and business centres in 15–25 minutes.
Regular local bus services operate nearby, offering easy travel across Wellingborough and neighbouring areas, making this an ideal location for both commuters and families seeking convenience and connectivity.
EPC rating Energy rating band - C Environmental rating band - B Other information How we allocate Shared Ownership homes We offer homes on a first-come, first-served basis, as long as you meet all the eligibility criteria.
Sometimes, we give priority to people who live or work in the same area as the home. This is based on rules set by the local authority.
All Shared Ownership providers must publish an allocations policy, which explains how they decide who gets a home.
If the home is managed by so Resi and mtvh You can read the Shared Ownership allocation policy on the mtvh website. So Resi is the Shared Ownership brand of mtvh, a housing association.
If the home is managed by another provider Visit their website to find their allocation policy. Contact us if you have any questions.
In certain cases, the remaining length of the lease on a property can impact the availability of mortgages to prospective purchasers and the future saleability of the home.
We recommend that you speak to your solicitor and your financial advisor to ensure that the lease length is suitable for your needs.
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
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
FAQ
About PARKINS CLOSE, WELLINGBOROUGH
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