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Arthur Street, Wellingborough

East Midlands

£195,000
Listed on 24/04/2026

Property Details

Bedrooms
2
Type
Semi Detached
Area
693 sqft

Description

This two-bedroom semi-detached property offers significant potential for renovation and investment. Located within a short walk of local amenities, the house currently stands vacant and is ready for modernisation. The existing features include uPVC double-glazing and a gas central heating system, providing a solid foundation for further improvements. Inside, the accommodation encompasses an entrance hall leading to a spacious lounge with a charming bay window and fireplace. The kitchen/dining room is equipped but in need of an update, with access to a south-facing garden that spans over 77 feet in length—perfect for outdoor enhancement or landscaping. Upstairs, you'll find two generously sized double bedrooms and a bathroom that also requires refurbishment. This property presents an excellent opportunity to create a desirable home or rental investment in the East Midlands area.

Investment Analysis

(NN8 area)

Above Market Value

This property is priced +3.5% above area average per sq ft

+3.5%
This Property
£281/sq ft
Area Average
£272/sq ft
Avg Rent (weekly)
£251
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£207,193
10% above area average per sq ft
Potential ROI
-5.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
52
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (NN8)

Area prices are falling by -7.2% over the last 12 months
3 year growth: -8.1%
5 year growth: +17.0%
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

Arthur Street, Wellingborough
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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
£691
Based on a loan of £146,250 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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