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Eastfield Road, Wellingborough NN8 - Image 1
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Eastfield Road, Wellingborough NN8

East Midlands

£90,000
Listed on 18/03/2026

Property Details

Bedrooms
N/A
Type
Land

Description

This vacant plot of land near Eastfield Road in Wellingborough offers an exceptional opportunity for developers and investors. Covering an expansive area of approximately 55 metres by 28 metres, this centrally located site is well-positioned for residential development, making it an attractive option amidst the rising demand for housing in the region. Access is available via a shared track owned collectively with four other landowners, creating potential for a cohesive community of around five homes, contingent on securing planning permission. The strategic location coupled with the area's growth presents a compelling case for development. As an unblemished site, it invites creativity and investment to shape it into a sought-after residential enclave that could cater to families and professionals alike. Whether you are venturing into property development for the first time or are a seasoned developer, this land represents a valuable opportunity to influence the future of this promising neighbourhood. While outline planning consent is not currently in place, the current owners are open to discussions and may consider collaborative ventures to enhance development prospects.

Investment Analysis

(NN8 area)
Area Average
£272/sq ft
Avg Rent (weekly)
£249
Avg Yield
4.5%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£100,000 - £200,000
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
25%
Properties sold annually

Local Market Trend (NN8)

Area prices are falling by -4.6% over the last 12 months
3 year growth: -5.2%
5 year growth: +20.7%
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

Eastfield Road, Wellingborough NN8
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Mortgage Calculator

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£
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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£325
Based on a loan of £67,500 over 30 years at 4.06% 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.

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