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Melton Road, Wellingborough

East Midlands

£195,000
Listed on 05/02/2026

Property Details

Bedrooms
3
Type
Terraced house

Description

This three-bedroom mid-terrace house presents a solid foundation for renovation and investment. Just a short 10-minute walk from Wellingborough railway station, which provides direct access to London St Pancras in approximately 55 minutes, the location is convenient for commuters. The property features a spacious layout, comprising a hallway, dining room, lounge with bay window, breakfast room, and kitchen on the ground floor. The first floor offers three bedrooms, including two doubles and a single, along with a bathroom. While the house has gas radiator central heating and UPVC double glazing in most areas, it requires updating to fully realize its potential. With a westerly facing rear garden and good-sized rooms throughout, this property is situated in a sought-after area of town. Potential buyers are encouraged to consider the possibilities for modernization and personalization of this space.

Investment Analysis

(NN8 area)
Area Average
£269/sq ft
Avg Rent (weekly)
£244
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
50
Average per month
Market Turnover
24%
Properties sold annually

Local Market Trend (NN8)

Area prices are falling by -6.2% over the last 12 months
3 year growth: -6.6%
5 year growth: +21.0%
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, Wellingborough
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Mortgage Calculator

£
£
£
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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£703
Based on a loan of £146,250 over 30 years at 4.06% 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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