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North Street, Wellington

South West

£200,000
Listed on 11/02/2026

Property Details

Bedrooms
3
Type
Terraced house
Area
1044 sqft

Description

This three-bedroom terraced house is ideally situated in the bustling centre of Wellington, presenting an appealing prospect for those looking to invest in a central property with considerable renovation potential. Spanning two floors, the home features a functional layout that maximizes space and accessibility among rooms. Upon entry, you are greeted by a cozy living room that flows into a generous kitchen/diner, perfect for both meal preparation and social gatherings. A downstairs bathroom adds convenience to this floor, while the enclosed courtyard at the rear offers a private outdoor area with minimal upkeep required. Moving upstairs, the first level hosts two spacious bedrooms paired with a useful WC, while the top floor boasts an additional bedroom with ample eaves storage. This versatile arrangement supports various living arrangements such as families, guests, or remote workers. Although the property requires modernization to align with contemporary standards and individual preferences, it provides an excellent canvas to develop into a personalized residence. With its prime location allowing easy access to local shops, amenities, and transport links, this property stands out as an ideal option for first-time buyers or investors looking for a project in a thriving location.

Investment Analysis

(TA21 area)

Below Market Value

This property is priced -35.3% below area average per sq ft

-35.3%
Potential saving
This Property
£192/sq ft
Area Average
£296/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£340,214
10% above area average per sq ft
Potential ROI
+41.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
27
Average per month
Market Turnover
38%
Properties sold annually

Local Market Trend (TA21)

Area prices are stable by -0.1% over the last 12 months
3 year growth: -5.5%
5 year growth: +14.4%
Investment Disclaimer: Analysis based on TA21 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

North Street, Wellington
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£721
Based on a loan of £150,000 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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