30 Wellington Road, Raunds, Wellingborough NN9 6DL

Description

A wonderful opportunity to acquire this substantial, traditionally constructed town house, offered for sale with the benefit of well proportioned and versatile, 4 bedroomed accommodation arranged over 3 floors. The property offers significant scope to add value in this popular residential area, and also scope for a strong yield in this area of high rental demand. Comparable properties in better order are on the market for up to £220,000, and estimated rental is circa £1200 pcm as a 4 bedroom family house.

Accommodation

Ground Floor: Entrance Lobby; Lounge; Kitchen/Diner. First Floor: Bedroom 1; Bedroom 2; Family Bathroom. Second Floor: Bedroom 3; Bedroom 4. Outside: Gardens.

Location

The property is situated in a prominent position on Wellington Road, Raunds, well positioned for access to the town centre and its many facilities, amenities, schools and open spaces. The surrounding towns and cities are within easy reach, including Northampton, Peterborough, Wellingborough and Kettering, along with convenient road access via the A45, A14 and A1(M).

Tenure / Property Information

Investment Analysis

Nearby completed sales range from £165,000 to £190,000, averaging approximately £180,500, while the description references better-order properties up to £220,000. The subject property itself reportedly sold for £95,000 in June 2026, creating significant uncertainty regarding condition, transaction circumstances and achievable value. Base GDV is therefore estimated at £180,500, subject to inspection and legal-pack review.

Investment Snapshot

Strategy Recommendation

Proceed only after inspecting the property and obtaining a detailed refurbishment budget and legal-pack review. The guide price appears attractive, but the recent £95,000 sale of the same property and unknown works materially increase risk.

Works Required

Inspect and cost the unspecified works required to bring the vacant four-bedroom house to a lettable or resale standard. No specific defects or refurbishment items are evidenced, so no works allowance is assumed.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

At the guide price, the known purchase cost including the £3,600 administration charge is £53,600 before works and other possible disbursements. A 75% refinance against the £180,500 base GDV would be approximately £135,375, but cash released and equity cannot be calculated reliably without a refurbishment budget and full acquisition costs.

Buy-to-Let Analysis

The auctioneer estimates rent at circa £1,200 pcm, equivalent to £14,400 annually. This produces a headline 28.8% gross yield against the £50,000 guide price, before works, fees, finance, voids and operating costs. A yield on total project cost cannot be established because refurbishment costs are unavailable.

Flip Analysis

The evidence supports a broad resale value range of £165,000 to £220,000, but no refurbishment costs, selling costs or specific defects are supplied. A reliable flip surplus and maximum bid therefore cannot be calculated.

Investor Risks & Due Diligence

• Unknown property condition and refurbishment cost.

• The subject property reportedly sold for £95,000 in June 2026, materially below the other supplied comparables.

• The £1,200 pcm rent is an auctioneer estimate with no sufficiently specific external rental comparable.

• Additional legal-pack disbursements and purchaser costs are unknown.

• Parking and heating information has not been supplied.

Recommendation

Proceed only after inspecting the property and obtaining a detailed refurbishment budget and legal-pack review. The guide price appears attractive, but the recent £95,000 sale of the same property and unknown works materially increase risk.

Strategy Rating

Analysis Confidence

There are several relevant completed sales and a stated rental estimate, but condition, refurbishment costs, full purchase costs and external rental evidence are unavailable; the subject property's recent £95,000 sale is also difficult to reconcile with the higher comparables.