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Park Avenue, Rushden, NN10 9NR - Image 1
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Park Avenue, Rushden, NN10 9NR

East Midlands

£310,000
Listed on 04/10/2025

Property Details

Bedrooms
3
Type
Detached house
Area
874 sqft

Description

This individually designed detached bungalow offers a spacious and versatile layout, ideal for those looking to invest in a property with ample renovation potential. Covering approximately 874 square feet, the home features three bedrooms and a well-structured division between the sleeping quarters and the communal living spaces. At one end, you'll find the bedrooms, which include built-in wardrobes for added storage. The bathroom, while well-kept, presents an opportunity for modernization. On the other side of the bungalow, the kitchen and dining areas create an inviting atmosphere for gatherings. The current layout contains a central unit separating these areas; however, there is potential to reconfigure this space into a larger kitchen or open-concept living area. The property includes two reception rooms that can be adapted to suit various lifestyles—whether transformed into a cozy lounge or an entertaining space. Additionally, a lean-to conservatory serves as a sizable utility area but could benefit from updates to maximize its functionality. Outdoors, the bungalow is set on a generous corner plot with gardens surrounding it on all sides. These gardens feature established hedgerows and both patio and lawned areas, offering possibilities for landscaping enhancements or outdoor living expansions. A single garage adds further value but may require refurbishment or replacement. Located at the intersection of Park Avenue, Talbot Road, and Purvis Road, this bungalow enjoys convenient access to local amenities, parks, and schools—making it appealing to families as well as those seeking retirement options. With its unique features combined with untapped renovation opportunities in a desirable area, this property represents an intriguing investment avenue for buyers looking to create something special tailored to their preferences.

Investment Analysis

(NN10 area)

Above Market Value

This property is priced +32.3% above area average per sq ft

+32.3%
This Property
£355/sq ft
Area Average
£268/sq ft
Avg Rent (weekly)
£219
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£257,751
10% above area average per sq ft
Potential ROI
-26.4%
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 (NN10)

Area prices are rising by +4.3% over the last 12 months
3 year growth: 0.4%
5 year growth: 22.3%
Investment Disclaimer: Analysis based on NN10 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

Park Avenue, Rushden, NN10 9NR
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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
£1,136
Based on a loan of £232,500 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