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The Promenade, Wellingborough, NN8 - Image 1
The Promenade, Wellingborough, NN8 - Image 2
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The Promenade, Wellingborough, NN8

East Midlands

£950,000
Listed on 16/10/2025

Property Details

Bedrooms
6
Type
Detached house
Area
4515 sqft

Description

This Victorian residence, set within impressive gated grounds, presents a unique opportunity for renovation and investment. Boasting a generous plot of approximately 0.6 acres, the property features an array of original character details typical of its era, including intricate woodwork, ornate fireplaces, and elegant sash windows. Spanning three levels, the spacious interior encompasses six double bedrooms, each with ample natural light. The layout includes a welcoming reception hall that leads to multiple living areas—highlighted by a front lounge with bay windows, a conservatory with original Minton tiles, and a sizable rear reception room. A formal dining area and study add further versatility to the home's design. While rich in historic charm, the property is in need of updates throughout, allowing new owners to tailor it to their personal tastes and requirements. Furthermore, planning permission has been granted for the construction of an additional six-bedroom detached dwelling on-site alongside existing structures—a valuable feature for potential investors. Outside, the mature grounds are home to various specimen trees and shrubs, providing both beauty and privacy. The expansive patio area invites outdoor entertaining or tranquil relaxation while offering views of the landscaped gardens and lawn. Situated in one of Wellingborough's most sought-after neighborhoods, this home benefits from proximity to local amenities and excellent transport links. The nearby train station connects residents to London in under an hour—ideal for commuters—while easy access to major roadways enhances convenience for travel. Local schools are well-regarded, catering to families looking for quality education options. With its combination of spacious living accommodations and significant investment potential, this property stands out as a distinctive opportunity in today’s market.

Investment Analysis

(NN8 area)

Below Market Value

This property is priced -21.0% below area average per sq ft

-21.0%
Potential saving
This Property
£210/sq ft
Area Average
£266/sq ft
Avg Rent (weekly)
£247
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£80,000 - £120,000
Target Value
£1,322,579
10% above area average per sq ft
Potential ROI
+23.6%
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

The Promenade, Wellingborough, NN8
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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
£3,480
Based on a loan of £712,500 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