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Shelley Road, Wellingborough

East Midlands

£160,000

Listed on 18/06/2026

Property Details

Bedrooms
3
Type
Terraced
Area
779 sqft

Description

This three-bedroom property presents a blank canvas for investors or DIY enthusiasts looking to create a comfortable family home. While it currently requires some updating, it is equipped with essential features such as uPVC double glazing and gas radiator central heating, providing a solid foundation to build upon. The layout includes a spacious 16ft lounge, a separate dining room ideal for entertaining, and three bedrooms that can be transformed into inviting personal spaces. Outside, the south-facing rear garden offers potential for landscaping or cultivation, while the front garden provides curb appeal with hedges and flower beds. The property is located in the East Midlands area and comprises an entrance hall leading to all main living areas including a kitchen which could benefit from modernisation. The first floor hosts three bedrooms along with a bathroom and separate W.C., all of which are ready for refurbishment. This property holds considerable investment potential for those willing to undertake renovation work.

Investment Analysis

(NN8 area)

Below Market Value

This property is priced -25.1% below area average per sq ft

-25.1%
Potential saving
This Property
£205/sq ft
Area Average
£274/sq ft
Avg Rent (weekly)
£262
Avg Yield
5.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£235,133
10% above area average per sq ft
Potential ROI
+27.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
41
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (NN8)

Area prices are falling by -9.0% over the last 12 months
3 year growth: -10.8%
5 year growth: +15.3%
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

Shelley Road, Wellingborough
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£604
Based on a loan of £120,000 over 30 years at 4.45% 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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