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Tann Road, Finedon, WELLINGBOROUGH

East Midlands

£140,000
Listed on 04/10/2025

Property Details

Bedrooms
2
Type
Semi-detached house
Area
753 sqft

Description

This freehold semi-detached bungalow presents a valuable opportunity for renovation and investment. With two bedrooms, a reception room, and a kitchen, this property offers a solid foundation for those looking to customize and update the living space according to their vision. The existing layout includes a shower room/WC, making it functional while you plan any enhancements or alterations. Situated on Tann Road, the property benefits from convenient access to local amenities. Finedon is nearby, featuring various shops for everyday needs, and a broader selection of dining and retail options can be found in Wellingborough and Kettering. For commuters, Wellingborough Train Station is easily accessible, along with major road links such as the A6, A45, and A14, enhancing connectivity to surrounding areas. The front and rear gardens offer additional potential for outdoor development or landscaping projects. This space could be transformed into an inviting garden or patio area that complements the interior updates you may undertake. With full vacant possession available upon sale, this bungalow represents an excellent canvas for investors or first-time buyers willing to invest time and resources into refurbishment. The property requires updating but holds great promise for those looking to make substantial improvements in a desirable location. An Energy Performance Certificate rating of D indicates moderate energy efficiency; however, there remains ample scope for enhancement post-renovation. This property is not just a home – it’s an opportunity to create value through thoughtful renovations in a community-oriented neighborhood.

Investment Analysis

(NN9 area)

Below Market Value

This property is priced -31.5% below area average per sq ft

-31.5%
Potential saving
This Property
£186/sq ft
Area Average
£271/sq ft
Avg Rent (weekly)
£230
Avg Yield
3.9%

Renovation Potential

Est. Renovation Cost
£14,000 - £35,000
10-25% of property value
Target Value
£224,842
10% above area average per sq ft
Potential ROI
+28.5%
After renovation
Monthly Sales
25
Average per month
Market Turnover
46%
Properties sold annually

Local Market Trend (NN9)

Area prices are rising by +2.5% over the last 12 months
3 year growth: 3.9%
5 year growth: 16.6%
Investment Disclaimer: Analysis based on NN9 area averages and may not reflect property-specific factors like condition, exact location, or unique features. 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

Tann Road, Finedon, WELLINGBOROUGH
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