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The Rylstone, Wellingborough

East Midlands

£220,000
Listed on 27/04/2026

Property Details

Bedrooms
4
Type
End Of Terrace
Area
1228 sqft

Description

This vacant four-bedroom end-of-terrace house presents a significant opportunity for renovation and investment. Having undergone substantial ground floor extensions, the property now offers a spacious layout of approximately 1,228 sq. ft (114.1 sq. m). While it features a refitted kitchen and central heating, there are still various cosmetic and remedial works needed to bring it up to modern standards. The low-maintenance rear garden includes a sizeable 22ft outbuilding, which could serve multiple purposes such as a workshop or garden room. Furthermore, there is potential for converting this property into a House in Multiple Occupation (HMO), subject to the necessary regulations. Internally, accommodation comprises an entrance hall with storage, lounge, dining room, kitchen/breakfast room, four bedrooms, and a wet room. This property is ideal for those looking to create a tailored living space or capitalize on rental opportunities in the East Midlands market.

Investment Analysis

(NN8 area)

Below Market Value

This property is priced -34.1% below area average per sq ft

-34.1%
Potential saving
This Property
£179/sq ft
Area Average
£272/sq ft
Avg Rent (weekly)
£251
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£367,147
10% above area average per sq ft
Potential ROI
+36.0%
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

The Rylstone, 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
£779
Based on a loan of £165,000 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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