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Steele Road, Wellingborough, NN8 3JL - Image 1
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Steele Road, Wellingborough, NN8 3JL

East Midlands

£210,000
Listed on 15/01/2026

Property Details

Bedrooms
2
Type
Detached house
Area
570 sqft

Description

This two-bedroom detached house represents a promising opportunity for those looking to invest in a refurbishment project. Tucked away in a well-regarded area, the property is conveniently located near Wellingborough town centre, providing easy access to amenities, schools, parks, and transport links including the A45 dual carriageway. The layout includes an entrance porch leading into a hallway that connects to a living room, dining room, and conservatory, each with ample natural light and access to the private rear garden. Upstairs hosts two double bedrooms equipped with fitted wardrobes alongside a recently updated shower room. Additional features such as double glazing, central heating, and a garage add to the property's appeal. For anyone considering modernizing or reconfiguring the space to suit contemporary living standards, this home offers significant potential for enhancement.

Investment Analysis

(NN8 area)

Above Market Value

This property is priced +37.5% above area average per sq ft

+37.5%
This Property
£368/sq ft
Area Average
£268/sq ft
Avg Rent (weekly)
£242
Avg Yield
4.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£168,005
10% above area average per sq ft
Potential ROI
-28.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
50
Average per month
Market Turnover
21%
Properties sold annually

Local Market Trend (NN8)

Area prices are falling by +6.3% over the last 12 months
3 year growth: -5.6%
5 year growth: 21.2%
Investment Disclaimer: Analysis based on NN8 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Steele Road, Wellingborough, NN8 3JL
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£769
Based on a loan of £157,500 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE