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Fern Road, Rushden

East Midlands

£240,000
Listed on 06/05/2026

Property Details

Bedrooms
2
Type
Semi Detached
Area
974 sqft

Description

This spacious semi-detached residence presents a valuable opportunity in the desirable Fern Road area of Rushden, showcasing significant potential for enhancement and future appreciation in value. Currently laid out as a two-bedroom dwelling, the property features ample space that could easily be transformed into a three-bedroom layout, mirroring successful adaptations made by neighbouring homes without the need for extensions. The interior is primed for modernization, positioning it as an excellent choice for those aiming to craft a long-term family home or a rental investment tailored to their specific tastes and needs. The competitive asking price reflects the renovation work required, while familiarised sales of adjacent refurbished properties have seen values around £292,000, underscoring the strong prospects this home offers. Beyond its indoor appeal, the property boasts an expansive rear garden extending roughly 100ft, ideal for families seeking outdoor enjoyment or landscaping opportunities. Moreover, an additional garden area located across from the house adds versatility, measuring about 60ft long. Completing this offering are practical features such as a garage and tandem off-road parking suitable for two to three vehicles. The location benefits from easy access to picturesque countryside walks and is within walking distance of the Rushden Lakes shopping and leisure complex, alongside convenient transport links via the A45 leading to Wellingborough’s railway station. With no onward chain in place, this property represents a rare chance to invest in a home with considerable development potential in a coveted residential locale.

Investment Analysis

(NN10 area)

Below Market Value

This property is priced -8.2% below area average per sq ft

-8.2%
Potential saving
This Property
£246/sq ft
Area Average
£269/sq ft
Avg Rent (weekly)
£225
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£287,671
10% above area average per sq ft
Potential ROI
+8.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
54
Average per month
Market Turnover
19%
Properties sold annually

Local Market Trend (NN10)

Area prices are stable by -1.2% over the last 12 months
3 year growth: -2.8%
5 year growth: +15.6%
Investment Disclaimer: Analysis based on NN10 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

Fern Road, Rushden
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£856
Based on a loan of £180,000 over 30 years at 3.97% 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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