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Waveney Way, Northampton, NN5 - Image 1
Waveney Way, Northampton, NN5 - Image 2
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Waveney Way, Northampton, NN5 - Image 4
Waveney Way, Northampton, NN5 - Image 5
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Waveney Way, Northampton, NN5 - Image 7
Waveney Way, Northampton, NN5 - Image 8

Waveney Way, Northampton, NN5

East Midlands

£175,000
Listed on 26/09/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
420 sqft

Description

This three-bedroom terrace house presents a compelling opportunity for investors or buyers looking to create a personalized living space. The property, while requiring complete modernization, boasts a solid structural foundation and ample potential for enhancements. Upon entering, you are greeted by an entrance hall that leads to the sitting room, providing a cozy atmosphere for gatherings. The kitchen and dining area spans the width of the house, offering views of the rear garden—an ideal setting for reimagining a modern open-plan layout. Complementing this space is a utility area that includes a cloakroom and additional storage, lending itself well to functional upgrades. The first floor encompasses three bedrooms along with a bathroom. Each room holds promise for refurbishment, whether through reconfiguration or contemporary finishes tailored to your vision. Externally, the property features a front garden with shared pedestrian access leading to the rear garden. This private outdoor space includes an enclosed brick store, which could serve multiple purposes as you consider landscaping or extending the property. Situated in an established neighborhood with access to local amenities and transport links, this home is well-positioned for long-term investment. The absence of any upward chain further simplifies the acquisition process. For those interested in exploring renovation options or seeking an investment with significant upside potential, this property offers a blank canvas ready for transformation into a desirable residence.

Investment Analysis

(NN5 area)

Above Market Value

This property is priced +45.7% above area average per sq ft

+45.7%
This Property
£417/sq ft
Area Average
£286/sq ft
Avg Rent (weekly)
£279
Avg Yield
4.4%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£45,000 - £70,000
Target Value
£132,132
10% above area average per sq ft
Potential ROI
-46.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
43
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (NN5)

Area prices are stable by +1.2% over the last 12 months
3 year growth: 1.2%
5 year growth: 26.8%
Investment Disclaimer: Analysis based on NN5 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

Waveney Way, Northampton, NN5
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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
£641
Based on a loan of £131,250 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