3-bedroom bungalow · NN2 8QU
No longer listedListed 40 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Available end of November is this three bedroom semi detached dorma bungalow located in the popular area of Kingsthorpe.
The property comprises of a large mezzanine entrance hall, large lounge, fitted kitchen with door leading to the side of the property, double bedroom and a fitted bathroom with shower over bath.
To the first floor are two further double bedrooms. Externally to the front & rear are lawned gardens and a driveway providing off road parking leading to a single garage.
The property will be fully redecorated prior to the start of the tenancy. Internal photos to follow.
**AGENTS NOTE - 1 WEEK HOLDING DEPOSIT** 1 week holding fee (£288.00) will be taken to secure the property (holding deposit.) This payment will be taken upon the offer being accepted.
Should the offer be declined, no payment will be taken. If the references return as acceptable, this will be deducted from the first months rent upon move in.
Should the references fail, this amount is non-refundable.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 Obelisk Rise, Kingsthorpe, Northampton NN2
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