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Ellison Close, Raunds, Wellingborough, NN9

East Midlands

£319,950
Listed on 22/04/2026

Property Details

Bedrooms
2
Type
Detached
Area
753 sqft

Description

This charming detached bungalow offers an excellent opportunity for those looking to invest in a property with significant potential for enhancement. Set on a generous plot in Raunds, the home features two bedrooms, spacious living areas, and extensive outdoor space, perfect for those who envision both relaxation and entertaining. The possibility to extend the current layout (subject to local planning consent) opens up numerous options to maximize the living space or add value through additional rooms. Inside, the property boasts a warm lounge that flows into a light-filled conservatory, inviting plenty of natural light. The functional kitchen provides the essential elements needed while offering scope for modernisation. Each bedroom is well-proportioned, with the master benefiting from built-in storage. Outside, a large rear garden awaits your vision; it includes a patio area and ample space for further landscaping or even a garden office setup. Additionally, generous parking options at the front enhance convenience and versatility. This home presents an exciting canvas for renovation enthusiasts or first-time buyers ready to design their dream home.

Investment Analysis

(NN9 area)

Above Market Value

This property is priced +55.7% above area average per sq ft

+55.7%
This Property
£425/sq ft
Area Average
£273/sq ft
Avg Rent (weekly)
£236
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£18,000 - £30,000
Target Value
£226,002
10% above area average per sq ft
Potential ROI
-35.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
34
Average per month
Market Turnover
17%
Properties sold annually

Local Market Trend (NN9)

Area prices are falling by -2.6% over the last 12 months
3 year growth: -3.0%
5 year growth: +5.1%
Investment Disclaimer: Analysis based on NN9 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

Ellison Close, Raunds, Wellingborough, NN9
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£1,133
Based on a loan of £239,962 over 30 years at 3.91% 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.

Stamp Duty Calculator

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