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Midland Road, Wellingborough

East Midlands

£135,000
Listed on 19/02/2026

Property Details

Bedrooms
3
Type
Terraced house

Description

This terrace house presents a valuable opportunity for renovation and potential expansion, possibly transforming it into a House in Multiple Occupation (HMO), contingent upon obtaining the requisite permissions. The interior is in need of modernization; it features two reception rooms and a kitchen downstairs, along with access to a twin-roomed cellar that could be utilized creatively. On the upper floor, there are three bedrooms, accompanied by a family bathroom and a separate W/C. The rear garden is enclosed and provides gated access to an alleyway leading to Senwick Road, enhancing its appeal for future developments. Situated conveniently on a main road just off Senwick Road, this property is within close proximity to local schools and approximately one mile from Wellingborough High Street. The nearby railway station offers effective transport links to London St. Pancras in roughly 55 minutes, making it attractive for commuters.

Investment Analysis

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

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
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

Midland Road, Wellingborough
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Mortgage Calculator

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£
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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£487
Based on a loan of £101,250 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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