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Mallows Drive, Raunds, Wellingborough, NN9

East Midlands

£259,950
Listed on 22/04/2026

Property Details

Bedrooms
2
Type
Detached
Area
1033 sqft

Description

This two-bedroom detached bungalow presents an excellent opportunity for renovation and investment. While it requires some care to reach its full potential, the property offers a solid foundation with features such as an entrance porch, generous lounge with conservatory access, and spacious bedrooms. The family bathroom and kitchen are functional but would benefit from modern updates. Outdoor space includes a private rear garden with sheds and a separate garage, providing versatile options for enhancement. Located on a corner plot with garden greenery at both the front and back, this home not only has room to grow but also comes with existing planning permission for a side extension, adding further value. With no onward chain, it's ready for prospective buyers to start their transformation journey.

Investment Analysis

(NN9 area)

Below Market Value

This property is priced -7.8% below area average per sq ft

-7.8%
Potential saving
This Property
£252/sq ft
Area Average
£273/sq ft
Avg Rent (weekly)
£236
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£310,039
10% above area average per sq ft
Potential ROI
+8.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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

Mallows Drive, 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
£921
Based on a loan of £194,962 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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