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Oliver Street, Northampton

East Midlands

£220,000
Listed on 15/09/2025

Property Details

Bedrooms
3
Type
Terraced house

Description

This three-bedroom townhouse presents an excellent opportunity for both first-time buyers and investors looking for a renovation project in the desirable 'Poets Corner' neighborhood. The area is well-regarded for its accessibility to local shops and schools, making it an appealing choice for families and commuters alike. The property features three spacious double bedrooms, providing ample living space that can be tailored to suit modern family needs after renovations. The layout begins with an entrance hall that leads to a practical cellar, ideal for additional storage or as a utility space. The main living area consists of a bay-fronted lounge, a dining room with a characteristic fireplace, and a versatile reception room that flows into the kitchen. Although the kitchen currently requires updating, it has potential for reconfiguration to create an inviting hub with access to the rear garden. On the upper level, the three bedrooms each offer generous proportions, with large windows allowing plenty of natural light. The family bathroom is functional but could also benefit from modern enhancements. Externally, the property boasts a rear garden primarily laid to lawn, fully enclosed and lending itself well to landscaping or outdoor entertaining once improved. Given its location and size, this townhouse holds significant investment potential. With thoughtful renovations, it could transform into a comfortable family home or an appealing rental property in a sought-after area. This is an opportunity not to be missed for those willing to invest time and resources into creating value.

Investment Analysis

(NN2 area)
Area Average
£282/sq ft
Avg Rent (weekly)
£257
Avg Yield
5.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
44
Average per month
Market Turnover
19%
Properties sold annually

Local Market Trend (NN2)

Area prices are stable by +0.2% over the last 12 months
3 year growth: -6.6%
5 year growth: 12.7%
Investment Disclaimer: Analysis based on NN2 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

Oliver Street, Northampton
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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
£806
Based on a loan of £165,000 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