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Good Afternoon, it’s Jordan from Northwood Estate Agents, this week I’m In Your Street, covering Bouverie Walk in the NN1 5 postcode area.
I’m here today as we’ve just completed an hour of viewings in this 3-bedroom property. The Landlords just recently purchased it and signed up for our Guaranteed Rental service.
This three-bedroom home situated in an ideal location - a stone's throw from Northampton General Hospital & an easy walk to the town centre and Wellingborough Road - is presented in good condition. Recently purchased for the purpose of renting, the Landlord has updated the property with a fresh coat of paint. With spacious rooms, a private rear garden, and excellent travel links it's not a wonder why we've had such interest in it.
You'll even find outside a little play area for kids, and it's about a 15-minute walk away from Abington Park, so it's an idealistic location for families.
The most expensive property sold inthe area within the last 12 months was £272,500 for a flat & £645,000 for a house.
The number of sales and the average achieved sales prices in this area are:
13 Detached homes for $442,000
10 Semi-detached for £429,000
A strong 73 Terraced Homes for £240,000
And 29 Flats for £141,000
Over this period the average price has decreased a little for detached and semi-detached homes, but terraced properties & flats are still steadily improving.
You'll find a majority of the most expensive homes are along Billing Road, some large townhouses that are sold as flats or as a whole.
But in general, you have such a large variety of properties available in this area, and you'd be looking at about £240,000 across this space.
For those looking to invest:
55% of residents in this area are renting their property, so there is a strong market for tenants. In terms of properties in the area, you’ll find houses go for an average of £980 a month; Houses are just under £950, and the average for Flats is approximately £870.
Though it might sound somewhat low for the area, it’s important to take into account the number of properties within this area.
From student lets, to homes converted into maisonettes, to small studio flats, you’ll get a higher average of smaller, lower-costing, properties.
But the larger properties, like this one, can be seen on the market achieving prices upward of £1,100. So there is an audience for both.
If you're looking to get an accurate valuation on your home specifically, you can inquire about a FREE rental or sales valuation on the Northwood Northampton website.
01604607080
Find the FULL market report available below:
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