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Shearwater Lane, Wellingborough

East Midlands

£155,000
Listed on 31/10/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1048 sqft

Description

Situated in the appealing neighborhood of Shearwater Lane in Wellingborough, this three-bedroom residence offers a solid foundation for those interested in renovation and investment opportunities. The property is located within a lively community that boasts a range of essential amenities, making it a convenient choice for future tenants. The home features spacious living areas that can be customized to meet modern standards, providing an excellent canvas for potential updates and improvements. Investors will find value in its layout and size, which could attract families or professionals looking for rental options in this growing area. Additionally, the location benefits from accessible transport links, further enhancing its marketability to prospective renters. The surrounding neighborhood fosters a friendly atmosphere, contributing to the property's desirability. With some thoughtful renovations, this house has the potential to yield significant returns, making it an attractive option for both new and experienced investors alike.

Investment Analysis

(NN8 area)

Below Market Value

This property is priced -44.5% below area average per sq ft

-44.5%
Potential saving
This Property
£148/sq ft
Area Average
£266/sq ft
Avg Rent (weekly)
£247
Avg Yield
4.6%

Renovation Potential

Light Refurb
Est. Renovation Cost
£10,000 - £20,000
Target Value
£306,991
10% above area average per sq ft
Potential ROI
+75.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
51
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (NN8)

Area prices are falling by +3.9% over the last 12 months
3 year growth: -2.2%
5 year growth: 22.0%
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

Shearwater Lane, Wellingborough
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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
£568
Based on a loan of £116,250 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