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Alma Street, Wellingborough, NN8 - Image 1
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Alma Street, Wellingborough, NN8

East Midlands

£185,000

Listed on 14/07/2026

Property details

Bedrooms
3
Type
Terraced
Area
1076 sqft

Description

This three-bedroom terraced house presents an excellent canvas for renovation within a desirable location, ideal for those seeking a project with substantial potential. The property is offered chain free, making it an attractive option for first-time buyers, investors, or families eager to infuse their personal style into a new home. The layout features three spacious bedrooms on the upper floor, complemented by a versatile study that can serve as a home office, nursery, or additional storage space. While the living areas exude character with original fireplaces adding period charm, both the kitchen and bathroom await your creative vision for modernization. Situated just a short walk from the town centre and train station, this property not only offers ample living space but also easy access to local amenities and transport links. This house stands ready for transformation into a modern family home or investment opportunity—don’t miss out on this chance to create something truly special.

Investment analysis

(NN8 area)

Below Market Value

This property is priced -37.5% below area average per sq ft

-37.5%
Potential saving
This Property
£172/sq ft
Area Average
£275/sq ft
Avg Rent (weekly)
£249
Avg Yield
4.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
Target Value
£325,727
10% above area average per sq ft
Potential ROI
+44.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
40
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (NN8)

Area prices are falling by -8.4% over the last 12 months
3 year growth: -9.5%
5 year growth: +17.1%
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

Alma Street, Wellingborough, NN8
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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
£699
Based on a loan of £138,750 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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