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The Rylstone, Wellingborough NN8 - Image 1
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The Rylstone, Wellingborough NN8

East Midlands

£220,000
Listed on 29/04/2026

Property Details

Bedrooms
4
Type
End Terrace
Area
1228 sqft

Description

This end-of-terrace four-bedroom house presents a significant opportunity for renovation and investment. Extensively extended on the ground floor, it now provides 1,228 sq. ft. of adaptable living space. While the kitchen has been modernized and gas central heating is in place, the property requires some remedial work and cosmetic upgrades to reach its full potential. The low-maintenance rear garden features a 22ft outbuilding, offering possibilities for use as a workshop or additional recreational space. With existing capacity for conversion into a House in Multiple Occupation (HMO) subject to local regulations, this home is ideal for investors looking to capitalize on rental opportunities. The accommodation includes an entrance hall, cloakroom, lounge, dining room, kitchen/breakfast room, four bedrooms, and a wet room—providing ample scope for customization and improvement.

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
£20,000 - £35,000
Target Value
£367,147
10% above area average per sq ft
Potential ROI
+44.0%
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 NN8
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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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