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Melton Road North, Wellingborough - Image 1
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Melton Road North, Wellingborough

East Midlands

£139,000
Listed on 11/10/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
871 sqft

Description

This three-bedroom semi-detached house presents a promising renovation project and investment opportunity in Wellingborough. Its central location offers easy access to the train station, ideal for commuting and enhancing the property's rental appeal. While the home requires comprehensive updating, its spacious layout includes an entrance hall, a combined lounge and dining area, and a kitchen/breakfast room. The first floor features three bedrooms and a wet room, providing a solid foundation to either modernize or reconfigure the space according to individual preferences or market trends. The ample floor area also suggests potential for further extensions, subject to planning permissions. Outside, the property boasts substantial rear gardens, offering both outdoor space for personal enjoyment or landscaping prospects for buyers looking to increase value. On-road parking is available at the front of the house, adding convenience for residents and guests. Situated close to local amenities such as shops, schools, and community facilities in Bozeat, this property benefits from being part of a vibrant village atmosphere. Proximity to Wellingborough's transport links makes it suitable for those seeking easy commutes to larger urban centers like London. This property represents an excellent chance for buyers interested in making their mark through renovations or those keen on securing a valuable addition to their investment portfolio. Viewing is highly encouraged for those ready to unlock its full potential.

Investment Analysis

(NN8 area)

Below Market Value

This property is priced -40.1% below area average per sq ft

-40.1%
Potential saving
This Property
£160/sq ft
Area Average
£266/sq ft
Avg Rent (weekly)
£247
Avg Yield
4.6%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£255,142
10% above area average per sq ft
Potential ROI
+16.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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

Melton Road North, 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
£509
Based on a loan of £104,250 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